Turning 18 - Which TSB account?

TheEffect

I'm turning 18 in 2 weeks (At last :j). The only current account I have is with Lloyds TSB, which I've had for a year or two and is the under 19's account. I was speaking to one of my friends who told me Lloyds ask you if you'd like to change your account to XXXX account or stay with under 19's account once you've turned 18.

Would I be better off staying with the Under 19's account or moving to one of their other accounts? Also, if I do move to another account, which account should I move to?

akashi

I would say it all depends on what you want from your account.

Are you a student? Do you require overdraft facilities?

If you provide more information, users here will be able to give you a better answer.

[Deleted User]

Watch out if they try to "upgrade" you to any of the following:

Silver
Gold
Platinum
Premier
Select

These are all "Added Value Accounts", where you pay a fee of £8-£25 a month for a bank account with added benefits. They work for some people (I've got the £25 one) but for other people they're not good "value".

Consider this old adage - "If it ain't broke, don't fix it" - when you come across something your existing account doesn't provide, it's worth looking around.