TSB Classic Plus Account

rangers_fc

With the reduction in benefits on the above account has anyone had correspondence as regards to multiple accounts. I hold 2 solo accounts & 2 joint accounts at the moment. It mentions a 2 month notice period prior to downgrading a account,. I dont think this has started as I have had no correspondence with TSB. Any thoughts on this subject apreciated

[FONT=&quot]T&C
The Classic Plus Account is restricted to one account in your sole name, and another Plus account in joint names. [/FONT][FONT=&quot]Please note: if you have more than one Plus account in your sole name or more than one Plus account in joint names, we may convert your additional account into an Enhance account or another current account from our range. We’ll give you at least two months’ notice before we do this. [/FONT]

ceredigion

rangers_fc wrote: »

With the reduction in benefits on the above account has anyone had correspondence as regards to multiple accounts. I hold 2 solo accounts & 2 joint accounts at the moment. It mentions a 2 month notice period prior to downgrading a account,. I dont think this has started as I have had no correspondence with TSB. Any thoughts on this subject apreciated

[FONT=&quot]T&C
The Classic Plus Account is restricted to one account in your sole name, and another Plus account in joint names. [/FONT][FONT=&quot]Please note: if you have more than one Plus account in your sole name or more than one Plus account in joint names, we may convert your additional account into an Enhance account or another current account from our range. We’ll give you at least two months’ notice before we do this. [/FONT]

Not seen anything beyond the piece you quoted.
It all hangs on this word "may"

youngretired

I'm in the same situation as you. We'll just have to wait and see, though at least we'll be given another 2 months notice.

I reckon they might wait and see what happens in January when they reduce the rate and the allowance and see what action customers take.

colsten

rangers_fc wrote: »

we may convert your additional account into an Enhance account or another current account from our range. We’ll give you at least two months’ notice before we do this.

The key word there is may, so I'd just keep my head down if I were you. As and if they were to make a move, they would have to give a minimum of 2 months notice.