4 Tsb accounts ?

xylophone

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

That would be a step too far.........:eek:

Archi_Bald

oldfella wrote: »

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

Classic on its own is pretty useless for new applications since you cannot add Enhance to it any longer.

eskbanker

badger09 wrote: »

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:

So for just two people the maximum is six accounts for £12K.

Bringing in a third person (as above) allows A&B to access those seven accounts specified and it's a maximum of nine in total for the three participants if C opens a couple of sole accounts too.

For two people to have access to eight accounts would need a total of four participants so Person D would be called for!

innovate

Worth reminding people that joint account create a financial association between the two parties on their credit files. You'd need to be very sure you won't get burnt.

nearlyretired2004

Really sorry but your maths is at fault .... well, in counting number of accounts anyway....Only paragraph you have right is first one .....two people six accounts £12000

eskbanker wrote: »

So for just two people the maximum is six accounts for £12K.

eskbanker wrote: »

Bringing in a third person (as above) allows A&B to access those seven accounts specified and it's a maximum of nine in total for the three participants if C opens a couple of sole accounts too.

Where do you get 7 accounts from?
As badger clearly sets out .... Person A has 2 sole plus 1 joint with person B and 1 with person C

Person B has 2 sole, 1 joint with Person A and 1 joint with person C


Total of 8 accounts (per my original post)


you are right, person C COULD open 2 sole accounts as well making 10 accounts between us (not nine as you state.....) but being selfish we are only concerned about our accounts as a couple...!!


and para 4 ??

eskbanker wrote: »

For two people to have access to eight accounts would need a total of four participants so Person D would be called for!

What ?!?!?!?!?

mel48rose

This is getting to complex. I couldn't be bothered for a few extra quid interest.

Eco_Miser

nearlyretired2004 wrote: »

Where do you get 7 accounts from?
As badger clearly sets out .... Person A has 2 sole plus 1 joint with person B and 1 with person C

Person B has 2 sole, 1 joint with Person A and 1 joint with person C


Total of 8 accounts (per my original post)

You are counting the account held jointly by A and B twice, once as A's, and again as B's.

ffacoffipawb

I have three of these accounts on a sole basis, formerly Enhance accounts all converted on line. Three lots of £6.86 interest received today. Lovely jubbly.

eskbanker

nearlyretired2004 wrote: »

Where do you get 7 accounts from?
As badger clearly sets out .... Person A has 2 sole plus 1 joint with person B and 1 with person C

Person B has 2 sole, 1 joint with Person A and 1 joint with person C


Total of 8 accounts (per my original post)

Eco_Miser wrote: »

You are counting the account held jointly by A and B twice, once as A's, and again as B's.

Eco Miser gets it! If A's joint account with B and B's account with A are the same account then the total is seven, but if you treat them as two separate accounts then both A and B would be holding five in total, i.e. beyond the permitted limit.