Want to switch to BOS, but can't pay salary in?

wywywywy

Hi all,

Basically I have a Lloyds TSB Classic Plus account, which is pretty nice and their staff in the local branch is very nice too, so I don't want to ditch this account.

Obviously the new BOS account is very nice too, especially with the free £100! So I am tempted to use it as an additional current account (at least for the next few months).

However, the TSB Classic Plus account requires me to pay my salary in every month, and so does the new BOS account!

Is there any way to get around this? Any advice please?

One thing I can think of is... on the TSB website, it mentions "You must agree to pay in a minimum of £1,000 a month into your ‘PLUS’ account and log on to Internet banking regularly" instead of specifically saying "salary". So can I just setup a standing order and send in £1000 a month to keep the TSB account?

Thanks.

MSE_Martin

In short. yes you can do that.

LittleVoice

BOS is in same group as Halifax.

I would be surprised if you have to pay in your salary to BoS - as long as you pay in £1K/month. Have you checked? I opened a Halifax Hi-Interest account when the offer was on and I was not in work. Requirement was to pay in £1K/month and allow them to do transfers of DDs/SOs etc.

Mind you I haven't received the £100 yet - it's due by the end of the May.

Is the offer still on for BOS because it ended for Halifax?

thepearce

The offer is still one (just checked on the website). Bear in mind this term of the offer :

6. Payment applies to first account opened only (either through Bank of Scotland or Halifax), whether sole or joint. Joint account qualifies for one payment only.

I'm not a happy bunny. I missed out on the original £100 as I'd just opened a "moneyback" account. Now I can't get this one either.

....and the worst of it is.....I work for HBOS. D'oh.

Trelitsa

wywywywy wrote: »

Hi all,

Basically I have a Lloyds TSB Classic Plus account, which is pretty nice and their staff in the local branch is very nice too, so I don't want to ditch this account.

Obviously the new BOS account is very nice too, especially with the free £100! So I am tempted to use it as an additional current account (at least for the next few months).

However, the TSB Classic Plus account requires me to pay my salary in every month, and so does the new BOS account!

Is there any way to get around this? Any advice please?

One thing I can think of is... on the TSB website, it mentions "You must agree to pay in a minimum of £1,000 a month into your ‘PLUS’ account and log on to Internet banking regularly" instead of specifically saying "salary". So can I just setup a standing order and send in £1000 a month to keep the TSB account?

Thanks.

I am in the same position as wywywywy (and have asked a similar question in another thread).

However I think to keep ensure I keep T&Cs of both A/C I will siphen £1000 of my salary from one to the other.
Apparently they pay £100 the month after you have paid in £1000 for 2 consecutive months