Opening Multiple Bank Accounts

pollypenny

I have two TSB accounts and have set up SOs for £500 to go back and fore between them. Easy .

I transfer £750 to Halifax and back again a few hours later. £500 goes into Santander, which is the bill paying and saving account, monthly. And we've just waved bye bye to HSBC after 50 years, since they have no regard for ordinary customers.

colinjd

Afternoon,

Given the switching offers mentioned in the latest MSE email, I was wondering if it might be worth switching one of my two TSB Classic Plus accounts to an M&S current a/c in order to obtain the £125 gift voucher?

I know I'd be giving up a 2nd TSB a/c which I won't be able to get back but wouldn't the £125 from M&S offset the interest plus I'd also have access to their 6% Regular Saver - as well as some other little goodies?

My maths skills can't compute the validity of this so thought I'd throw the suggestion out here.

Thanks

NoMore

Or as previously discussed, just open a donor account somewhere and switch that for the incentive leaving your TSB accounts alone.