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tsb query help please!

i opened the one hundred pounds offer tsb current account and have decided to keep it as interest and a 5% monthly saver too but cannot recall if I need to keep 3 direct debits on the account & keep it paperless to keep getting interest? any help gratefully received. also anyone know of an easy to open sacrificial account to transfer to hsbc as i had planned on transferring tsb!

Comments

  • From key features: (i.e. no DDs required.....)

    Make sure you register for paperless statements AND paperless correspodence

    Quote:

    To earn interest (which is paid monthly) just pay in a minimum of £500 a month and register for Internet Banking, Paperless Statements and Paperless Correspondence

    .
    You can choose to switch your banking to us when you apply for a Classic Plus account, or any time after you've opened it – we guarantee switching will take just seven working days.
    • 5% AER / 4.89% gross variable interest paid on balances up to £2,000 only
    • Optional £25 interest and fee-free overdraft – perfect for short term borrowing, like covering you until pay day. Subject to application, approval and repayable on demand.
    • TSB Visa debit card
      Contactless functionality subject to status
    • You can apply to open a joint account and both receive the same benefits
    You must be 18 or over and a UK resident to apply. The Classic Plus account is restricted to one account in your sole name, and another Plus account in joint names.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    surfsister wrote: »
    ...anyone know of an easy to open sacrificial account to transfer to hsbc as i had planned on transferring tsb!
    Another TSB?
    One with your existing main bank (unless you switched that one to TSB)?
    Failing those, RBS have been quick and easy for me.
  • surfsister
    surfsister Posts: 7,527 Forumite
    I've been Money Tipped!
    thanks both!
  • GTR_King
    GTR_King Posts: 1,995 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have a TSB A/C If for any reason you want a statement just order it online & will be like one you get in post...

    Interest get's paid at beginning of the month...

    need to pay £500 in didn't get £100 as opened before that offer
  • surfsister
    surfsister Posts: 7,527 Forumite
    I've been Money Tipped!
    thanks all!! very helpful.
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