MSE News: TSB cuts its interest rate - move excess money now so you don't lose out

YorkshireBoy

Ainsdale_Lad wrote: »

So my 2 accounts are still in place, although both at 3% £1500 balance, with the usual funding requirements? 60 days notice before any change?


Please forgive me, I have lost/wiped the email TSB sent. Thanks again.

From their website...

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.

typistretired

Deleted_User wrote: »

That's why I moved my £500 out on 1 January, when I was doing the monthly £500 in and out routine. This time it was £500 in and £1000 out. Hope TSB's liquidity is strong enough to cope with the exodus

You shouldn't have moved the extra £500 out until they paid the interest in - the £17.68 for my 2 accounts this month was the highest they have paid this year.

Consumerist

Is everyone ready for another mass exodus from Club Lloyds on Monday (9th) ? Down to 2% flat from the 8th.

sparky0138

Consumerist wrote: »

Is everyone ready for another mass exodus from Club Lloyds on Monday (9th) ? Down to 2% flat from the 8th.

Any particular reason you mentioned doing it on Monday?