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Tsb plus account 5%

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  • DragonQ
    DragonQ Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts
    sorry to sound dumb, but what do you mean about creaming off the interest?
    I do know that interest wont be paid on anything over £2000..
    If you keep £2000 in the account then each month you'll end up with £2008ish (less if you pay tax), which means the final £8ish won't earn any interest. So it's best to move that to another interest paying account.
  • This has not been an easy process.


    Opened up one in my name which all went through and they sent me an email to say that my application is in process and included an application number.


    I tried to open up another in my name to be told that one already exists and that I couldn't continue. Also I cant login under the details that I gave them.


    I then opened up on in my wifes name. This all went through fine, I now have an account number and sort code and can login fine.


    Do I have to wait for post before I can login to my first account?


    Can I deposit money into the second account now?
  • Frogletina wrote: »
    Wow - 44p on each account for me too! Now to skim it off...

    Good morning everyone! Hope I'm not being dense here, but is the interest getting paid in daily? I've had 2K sitting in both of my current plus accounts since the 4th and no interest so far. I've set up paperless statement opinion and it's all good to go!

    EDIT:- Internet banking all fully activated too and have received by debt cards...do I have to active my DC too (just filed them away as I only plan to use this account as savings)
  • SG27
    SG27 Posts: 2,773 Forumite
    Good morning everyone! Hope I'm not being dense here, but is the interest getting paid in daily? I've had 2K sitting in both of my current plus accounts since the 4th and no interest so far. I've set up paperless statement opinion and it's all good to go!

    It's monthly.
  • SG27 wrote: »
    It's monthly.

    Phew! It just threw me when a couple of postings seem to indicate the interest was trickling in daily.

    Thanks SG27 :)
  • older_wiser
    older_wiser Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Does anyone know what the different coloured cards with TSB are i have the light blue contactless but i've also seen a darker blue and another colour. This was in an earlier post from a twitter picture posted by TSB themselves Are all TSB light blue contactless cards offline ? i might make this my main account if i know i can use it on trains petrol pumps etc.
  • SG27
    SG27 Posts: 2,773 Forumite
    Phew! It just threw me when a couple of postings seem to indicate the interest was trickling in daily.

    Thanks SG27 :)

    It's paid on the first of the month so the people who got money in their accounts on the 30th got 1 days interest paid on 1st of April
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Are all TSB light blue contactless cards offline ? i might make this my main account if i know i can use it on trains petrol pumps etc.

    I don't know about the different types of cards, but an alternative suggestion if you do have an offline card: stick the TSB card in your wallet for situations where you know you need an offline card.

    I have a First Direct debit card in the back of my wallet for such situations, because I know that it'll work where online cards don't.
  • ColdIron
    ColdIron Posts: 9,884 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 6 April 2014 at 12:07PM
    SG27 wrote: »
    Those opened by phone how long until your accounts were showing online?
    Opened 1st last Saturday, noticed it Tuesday morning. Opened 2nd one Friday, turned up yesterday (Saturday)
  • SG27
    SG27 Posts: 2,773 Forumite
    ColdIron wrote: »
    Opened 1st last Saturday, noticed it Tuesday morning. Opened 2nd one Friday, turned up yesterday (Saturday)

    Thanks. I'll check tomorrow.
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