Tsb plus account 5%

KTF

Mr_Goodkat wrote: »

Already skimmed off the interest and done my monthly in and outs for May so shouldn't need to think about TSB again until June.

You realise you can just shuffle £500 between the 2x accounts via standing order on the same day. No need for external money coming in and out.

Mr_Goodkat

KTF wrote: »

You realise you can just shuffle £500 between the 2x accounts via standing order on the same day. No need for external money coming in and out.

Yea sorry I wasn't clear the funding requirements were done by cycling the money between the two accounts and moving the interest to a external account.


I did it manually online as wanted to get the interest out as well.


Could set up a SO for the funding between the two and might in the future but going to need to move the interest out manually (due to different amounts of interest in 28/29/30/31 day months) so might just stick to the manual shuffle.

DragonQ

Sigh, when I set up the standing orders from May onwards I forgot to do a manual transfer for April, so only one of my TSB Plus accounts earned £7.50 interest this month.

Vladislavs

DragonQ wrote: »

Sigh, when I set up the standing orders from May onwards I forgot to do a manual transfer for April, so only one of my TSB Plus accounts earned £7.50 interest this month.

its 6.50£ after tax, no?

Archi_Bald

could be a person with an R85?

Hazzanet

Would be one of the joint account holders has an R85 with the other paying tax (i.e. £100 / 12 * 90% = £7.50)

Nick_C

I applied on line, twice, on 30 March. Each time, it told me my application was successful, but no e-mail confirmation with an account number. I tried logging on using the credentials I created in the application process, but got error messages "user name or password not recognised". I gave up and thought no more about it.

Yesterday, I got a hard copy mailing about changes to account T&Cs! I called their call centre, and got through to a helpful guy who activated my on line banking and texted me a temporary password. Now all up and running. My two accounts were sitting there, waiting to be funded. Now just need an activation code for withdrawals.

thegreenmonkey

DragonQ wrote: »

Sigh, when I set up the standing orders from May onwards I forgot to do a manual transfer for April, so only one of my TSB Plus accounts earned £7.50 interest this month.

Know how you feel. The requirements for my Vantage account wasn't fulfilled when I first opened it. Lost £10 that month.

Archi_Bald

Nick_C wrote: »

I applied on line, twice, on 30 March. Each time, it told me my application was successful, but no e-mail confirmation with an account number.

May be the emails went into your spam folder?

Nick_C

Archi_Bald wrote: »

May be the emails went into your spam folder?

Nope. Did check that at the time. The system fouled up completely, and I had given up on them, but glad its sorted now.