TSB classic plus interest not paid..

Kim_13

It is always added on the second working day backdated to the first, since it will also include interest earned by the money today, tomorrow and Sunday.

Westie983

I will be added on the second working day of the month, so this will show on Monday, and get back dated to today, as it does every month.

Same applies for the Halifax Reward payment, and Lloyds interest.

diamonds

PeacefulWaters wrote: »

That's because it's added very late in the day.

I have never noticed when on the 1st as I dont login and check accounts every other day, I keep a rough balance to the pound on my spending in my head and know what my DD are. Login weekly though, given fraud is rife. Thanks for confirmation

GTR_King

Well my Nationwide Flex Direct interest got paid today so that's why i asked

colsten

GTR_King wrote: »

Well my Nationwide Flex Direct interest got paid today so that's why i asked

Just a thought: Could this mean Nationwide have different T&Cs to TSB?

Lingua

I just rang TSB up for this very issue! The representative said it would probably go in over the next few days, so just to keep an eye out and if it doesn't go in by Monday, to ring again.

My Nationwide also went in - I know TSB goes by calendar month but not sure about Nationwide? I assume, given that it went in on the 1st, that Nationwide is by calendar month too.

societys_child

diamonds wrote: »

Mine always hits the 1st

Are you sure? Everyone elses shows up in the account on the second working day. Always has.

I wonder how many 'where's my money' calls they get on the first of every month :eek:

diamonds

societys_child wrote: »

Are you sure? Everyone elses shows up in the account on the second working day. Always has.

I wonder how many 'where's my money' calls they get on the first of every month :eek:

It shows dated as the 1st, even if as above it is understood to be early hours of the 2nd.


Poor TSB, staff dealing with a LBG hangover :rotfl:

diamonds

EarthBoy wrote: »

After midnight, in fact. Usually between midnight and 1.00 am. It's always backdated to the first working day of the month, but it won't show online if you're looking on that day.

Ta very muckle

Kim_13

Lingua wrote: »

I just rang TSB up for this very issue! The representative said it would probably go in over the next few days, so just to keep an eye out and if it doesn't go in by Monday, to ring again.

My Nationwide also went in - I know TSB goes by calendar month but not sure about Nationwide? I assume, given that it went in on the 1st, that Nationwide is by calendar month too.

Nationwide interest is paid on the last day of each month, regardless of whether it's a working day or not. I've noticed that it tends to go in at around 10pm, whereas TSB always pay in the early hours of the relevant day. Nationwide also work on a calendar month, it's just that TSB interest is paid on the second working day backdated to the first. This month, it'll be paid on Monday and backdated to today.