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TSB Enhance

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Comments

  • eskbanker
    eskbanker Posts: 37,831 Forumite
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    blinko wrote: »
    are internal transfers ok to meet the monthly criteria or does it have to be from an external source?

    Yes, internal transfers are OK with the Lloyds group products and have been so far for TSB Enhance since they spun off, hopefully remaining like that!
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 December 2013 at 1:13PM
    eskbanker wrote: »
    Yes, internal transfers are OK with the Lloyds group products and have been so far for TSB Enhance since they spun off, hopefully remaining like that!

    Even external funding was required, it should not be a problem for the people who have other external accounts with reliable and instant FPI and FPO system. Just need a few minutes more extra work.

    - Transfer £3,000 from TSB to Halifax Reward for instance (or even to Loyd or BOS vantage )
    - Circle £1,000 among Halifax Rewards (by doing this you are killing two birds with one stone as it will also automatically meet minimum funding requirements for the Halifax reward).
    - Transfer back £3,000 from Halifax split into the amount of £1,000 each to individual TSB enhance. By doing this it will be seen as it is coming from External source (from Halifax), even the money is originally from TSB.
    - Adjust and redistribute the balance in case there is an account with the balance of over £5,000
    - Job done
  • Hi

    This is the second month of having TSB Enhance accounts (I know I was late to the party) but I was trying to find out when interest is usually paid. Last month it was paid on the 1st but I've not had anything yet and I've ensured there was at least 1k of deposits in the accounts.

    Anyone else had interest pay yet? I know it's only the 2nd but was just wondering. :)

    Thanks in advance
  • eskbanker
    eskbanker Posts: 37,831 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    london2008 wrote: »
    Hi

    This is the second month of having TSB Enhance accounts (I know I was late to the party) but I was trying to find out when interest is usually paid. Last month it was paid on the 1st but I've not had anything yet and I've ensured there was at least 1k of deposits in the accounts.

    Anyone else had interest pay yet? I know it's only the 2nd but was just wondering. :)

    Thanks in advance

    As per post #173 above, it'll go in tonight (end of first working day)!
  • Alex92 wrote: »
    Maybe stupid question, but could you hypothetically have 3x£5k Vantage Accounts at 3% interest and 3x£5k Enhance accounts?

    Yes!!, personal experience. I have also got 2 Santander 123 accounts, and they are ALL working very well. I have had to set up DD,s to move £1000 round and round, and that works as well.
  • blinko wrote: »
    are internal transfers ok to meet the monthly criteria or does it have to be from an external source?

    Yes. This is exactly what I do.
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