interest from tsb / lloyds

joeblags

anybody had there interest paid? ive had none from any of my banks tsb , Lloyds , Bos

Futuristic

For bank accounts they are paid monthly, it's likely you are not meeting the requirements for those accounts?

YorkshireBoy

Futuristic wrote: »

...it's like you are not meeting the requirements for those accounts?

...one of the key requirements is to wait until the end of the first banking day of the month!

agrinnall

joe, you're right, my TSB interest hasn't appeared yet. I think we can safely ignore Futuristic's unhelpful post.

Edit: Although of course YB is right too, it should appear overnight.

Kim_13

Second working day of the month. The 1st was a Sunday.

gunsandbanjos

Due to the way the systems work you won't get it until the Tuesday if the 1st falls on the weekend.

Futuristic

agrinnall wrote: »

joe, you're right, my TSB interest hasn't appeared yet. I think we can safely ignore Futuristic's unhelpful post.

Edit: Although of course YB is right too, it should appear overnight.

Quite helpful actually, clearly OP didn't read the terms which would state when it would be paid out. Which he should have done when signing up. And not all accounts post interest on the 1st or 2nd of the month for example Nationwide.

YorkshireBoy

Futuristic wrote: »

clearly OP didn't read the terms which would state when it would be paid out.

The TSB Plus T&Cs state that interest is...

Calculated daily from when you open or upgrade to a Classic Plus account (or if that day is not a working day, the next working day). Payable


• on the first working day of each month
• on the first £2,000 in your account.

...so even if the OP had read them they could be forgiven for asking the question today.


I concede that the BoS and Lloyds T&Cs are more accurately written.

Futuristic

YorkshireBoy wrote: »

The TSB Plus T&Cs state that interest is......so even if the OP had read them they could be forgiven for asking the question today.


I concede that the BoS and Lloyds T&Cs are more accurately written.

Key is working day but it's Monday and we're all tired so will let him off!

YorkshireBoy

Futuristic wrote: »

Key is working day but it's Monday and we're all tired so will let him off!

Not sure you've understood the point I was making, but never mind.

Kendall80

Mine has not come through either. This often happens when the 1st is on the weekend. I expect it'll be there in the morning, wednesday at the latest. They do account for the extra days with the required few extra pennys so I wouldnt be too concerned.