Open a new tab account

robotrobo

I wish to take advantage of the tsb account.
Please how do you open the account?, I do not want to close my existing current account with the nat west, and I have the 123 accounts with the Santander.
So my question is, how do I open the account with the tsb without the switching service being involved.
I have opened accounts with 123 accounts ,and first direct,but seems like I cannot get my head around this one.
we have 2 Santander 2 yr fixed isas reaching maturity in a few weeks,and we have already done the max £15000 for the 2.3 existing member offer for this year, so I need to find a home for the 2 isas, the best I could see was take them out of the isa and open a few of the tsb offers at 5 percent rate.
Thank you in advance .

eskbanker

Go to www.tsb.co.uk
Go to Classic Plus pages
Click 'apply' button!

Not sure I'm understanding the difficulty here....

NotRichAtAll

go to tsb.
click apply.

or

go in branch
say " i wish to open account"

really is that easy

moneysavinggirl40

online application will ask if you want to switch, you just click no.

I wouldn't take money out of isas though and put in a current account, you will be taxed. Isa's are tax free, shop around for better isa rate and let new isa provider transfer money for you.

So without touching isas, now with new built up savings put them into current accounts such as tsb~(you can open 2) to save at 5% on first £2000, credit it with £500 per month,remember to go paperless. Also unsure if you also have flexdirect with nationwide, but for 12months you can get 5% on £2500, credit it with £1000 per month. Once you've credited one you can move money (if you want) by standing order to others that need crediting for interest benefits.

What are others opinions?

Archi_Bald

moneysavinggirl40 wrote: »

i wouldn't take money out of isas though and put in a current account, you will be taxed. isa's tax free, shop around for better isa rate and let new isa bank transfer money for you.

for some people, it is a valid approach to take money out of their cash ISAs. They might get better interest elsewhere, and it might not matter to them that they lose the tax wrapper.