4 Tsb accounts ?

kookai9

Hello folks ,according to Martin ,its possible to have £8000 with TSB ,How is this possible ? ;as Tsb arnt aloowing me to do this?

mgarl10024

Perhaps he meant as a couple - two each?

innovate

the MSE article says "....TSB allows you to open two single accounts and two joint accounts ..."

mel48rose

Just what I was going to say 2 each and 2 joint adding up to 8K

oldfella

I make it £19K - 3 x Classic and 2 x Classic +

xylophone

You can have two sole, your spouse can have two sole and you can each open a joint account with the other? I make that £12000.
http://www.moneywise.co.uk/news/2014-03-13/new-tsb-account-how-to-make-600-year

nearlyretired2004

I originally opened my two single a/c s online


Made appointment in branch to open the joint a/cs .... got a phone call saying she needed to re-schedule appointment but why was I coming in? Explained to open the two joint a/cs ....was told I was only entitled to two!! she cancelled the appointment.


After reading on here last week, contacted TSB customer services by phone and had it confirmed again - entitled to four a/cs in total.


I explained the branch advice.......


She VOLUNTARILY made it a complaint and instantly gave me a total of £49.00 compensation, made up of a combination of time on phone, inconvenience, wrong info provided by branch etc. etc.......

nearlyretired2004

You can EACH have two single and two joint - total 8*2000 = £16000

eskbanker

nearlyretired2004 wrote: »

You can EACH have two single and two joint - total 8*2000 = £16000

Surely the joint ones are shared between the couple, i.e. total of four sole accounts and two joint ones equals six, therefore £12K?

badger09

eskbanker wrote: »

Surely the joint ones are shared between the couple, i.e. total of four sole accounts and two joint ones equals six, therefore £12K?

Not necessarily

one possible scenario
Person A = 2 sole + 1 Joint with Person B + 1 Joint with Person C
Person B = 2 sole + 1 Joint with Person A + 1 Joint with Person C

Where A&B are a couple, and C is another family member

Obviously, A&B need to trust C as well as each other :rotfl:

nearlyretired2004

Exactly....we use OH's mother.......