TSB Classic Plus or Tesco Bank?

lstar337

Been out of the loop for a bit as I had no money at all, and now I don't know which account to put my spare cash into.

I have a TSB classic plus and a Tesco bank account. I can see the TSB account has been downgraded to 3% on up to £1500 (think it was 5% on £2000 when I joined), but the Tesco account says up to £3000 but only if I put in £750 a month and have 2DD's??!

When I signed up to the Tesco one there was no requirement to put a monthly sum in, and no DD's required (so I don't have any).

Do these Tesco requirements only apply to new customers, or have they been applied to all accounts now?

I'm trying to find the answer myself but it's difficult trawling back through it all when you have been out of the loop for a while.

Mchambers

Old accounts are fine. No DDs needed any no £750 per month. I know cos I have got 2 Tesco accounts.

ceredigion

https://www.tescobank.com/current-accounts/existing-customers/

lstar337

Mchambers wrote: »

Old accounts are fine. No DDs needed any no £750 per month. I know cos I have got 2 Tesco accounts.

ceredigion wrote: »

https://www.tescobank.com/current-accounts/existing-customers/

Thank you to both of you.

I looked back through my documents while logged into Tesco Bank to find that info, but all I found were statements. I didn't even look around the site because I assumed it would be in there!

Thanks though, much appreciated.

System

The Tesco ones will be okay for another year then I'd expect changes - at the very least moving the older accounts to the updated T&Cs.

Much more likely that they'll update both at that time.