We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Monthly TSB classic+ interest

Kendall80
Kendall80 Posts: 965 Forumite
Ninth Anniversary 500 Posts Name Dropper
in Savings & investments
Anyone had theirs through yet?


I know they can sometimes be a little late.
«1

Comments

  • lazer
    lazer Posts: 3,402 Forumite
    No my interest is not through either
    Weight loss challenge, lose 15lb in 6 weeks before Christmas.
  • anna42hmr
    anna42hmr Posts: 2,869 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Its paid on the second working day and back dated to the first working day, so you will see it in the accounts tomorrow and dated today. works the same way for dates as lloyds/bos do. (as uses the same system processes even though now separate banks)
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £36,074.79 2025 MFW target £1700, payments to date at January 2025 - £500.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    It is not late as it is not due until the second working day of the month.
  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    I've actually called them about this before and was told it was second working day (just as Colsten says). However, in September mine came out on the 1st so I just wanted to check with you good people ;)
  • Simker
    Simker Posts: 43 Forumite
    Fifth Anniversary Combo Breaker Mortgage-free Glee!
    Was wondering about this too. Thanks for clearing it all up, thought it would be because today is first working day in November so was going to check again tomorrow
  • jimjames
    jimjames Posts: 18,186 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It's now there.

    Usual 2 Mon monthly job to transfer it out and swap £500 between accounts to meet criteria using tsb app while waiting for train. Really is very easy to get good interest.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    jimjames wrote: »
    It's now there.

    Usual 2 Mon monthly job to transfer it out and swap £500 between accounts to meet criteria using tsb app while waiting for train. Really is very easy to get good interest.


    My auto-SO transferred out the interest before it was credited to the accounts. So I missed out on a days interest on that 6.65 (x4) Oh the pennies! :)
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    jimjames wrote: »
    Usual 2 Mon monthly job to transfer it out and swap £500 between accounts to meet criteria using tsb app while waiting for train.

    I don't use the train very often, can I still swap £500 every month?
  • EarthBoy
    EarthBoy Posts: 3,124 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Kendall80 wrote: »
    My auto-SO transferred out the interest before it was credited to the accounts. So I missed out on a days interest on that 6.65 (x4) Oh the pennies! :)

    How much did you set the standing order up for? The amount varies slightly each month. It's £7.08 this time.
  • derelyth
    derelyth Posts: 87 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    edited 4 November 2014 at 1:27PM
    Is it supposed to be paid Gross? Mine is on my Lloyds Club but my 2x TSBs are Net...
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 347.9K Banking & Borrowing
  • 251.9K Reduce Debt & Boost Income
  • 452.2K Spending & Discounts
  • 240.3K Work, Benefits & Business
  • 616.4K Mortgages, Homes & Bills
  • 175.4K Life & Family
  • 253.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture