TSB Enhance

Ologhai

eskbanker wrote: »

I've been rotating £1K (manually) around my three TSB Enhance accounts since they spun off from Lloyds and haven't encountered any issues thus far, I'm not sending in any external funding.

Why manually?

eskbanker

Ologhai wrote: »

Why manually?

Just preference and/or control freakery really, I know it can easily be done with standing orders!

Richchad

eskbanker wrote: »

I've been rotating £1K (manually) around my three TSB Enhance accounts since they spun off from Lloyds and haven't encountered any issues thus far, I'm not sending in any external funding.

Thanks eskbanker, good to hear it is working okay, will be setting up standing orders in the next few days I guess.

Ologhai

eskbanker wrote: »

Just preference and/or control freakery really, I know it can easily be done with standing orders!

Just checking.

eskbanker

Ologhai wrote: »

Just checking.

And there's an element of that to it as well! If it was all set up to run without intervention I'd probably never get round to logging in to the online banking just to see that all is as expected with balances, variable interest to be transferred out, etc....

Ologhai

eskbanker wrote: »

And there's an element of that to it as well! If it was all set up to run without intervention I'd probably never get round to logging in to the online banking just to see that all is as expected with balances, variable interest to be transferred out, etc....

In my case, I check at least once a month when I transfer anything above £5k back out anyway.

spluff

Can you apply for 3 accounts online straight away and then upgrade them - or do you have to wait each time?

Do the wages need to go in if you give them employer details

innovate

Ologhai wrote: »

Why manually?

You'd most likely want to log in once a month to skim off the interest, anyway. So might as well do a few quick manual transfers whilst you are at it.

innovate

spluff wrote: »

Can you apply for 3 accounts online straight away and then upgrade them - or do you have to wait each time?

Do the wages need to go in if you give them employer details

I opened all three in a branch one day.

You do not have to pay any wages in but they will ask you for employer details if you say you are employed.

ColdIron

innovate wrote: »

You'd most likely want to log in once a month to skim off the interest, anyway. So might as well do a few quick manual transfers whilst you are at it.

I opened their Monthly Saver so I just move the interest from the second and third accounts to the first where the SO takes the £250 meaning I only have to transfer in £220 to fund it. Interest on the interest