TSB bank runs, who is next?

Herbalus

capital0ne wrote: »

Hmmmm.... their web page still says 3%! - Complete shambles!
Even if they raise it to 5% then that's only £2.50/month extra - cheers!
They should deposit £1,000 per account to say sorry, should come out of Mr Pester's bonus!

(I hope you dont mind me saying) Nonsense - they announced it this morning on the radio. I would be very surprised if it was on their website already, given what other problems they have.

£1k per customer is £5billion. I think you are being a tad silly sir!

Thrugelmir

dunstonh wrote: »

I just logged on to the TSB site to check the balance of my old C&G mortgage and there was no mortgage showing. Does this mean I dont have a mortgage any more?

- sorry. just enjoying this thread too much

Afraid you do. I've bought the entire TSB mortgage book for a £1. You now owe me the debt. PM me your address and I'll send a standing order for completion. Alternatively I am accepting full and final settlement for a one off £10k payment.

ValiantSon

capital0ne wrote: »

Hmmmm.... their web page still says 3%! - Complete shambles!

It is for existing customers, I believe.

The increase has not taken effect yet, so they are correctly showing the rate that is currently applicable.

In no way is this issue a shambles, but your comment is hyperbole.

capital0ne wrote: »

Even if they raise it to 5% then that's only £2.50/month extra - cheers!
They should deposit £1,000 per account to say sorry, should come out of Mr Pester's bonus!

Why? What a ludicrous suggestion that every customer should receive a payment of £1,000! For what, exactly, should customers recieve this? For my part, I have been unable to log in to my account for a few days: big deal.

If TSB has 1.9 million customers that would be a payment of £1.9 billion! Ridiculous! Where would they get this money from and how would this leave them as a viable bank?

Get a sense of perspective.

eskbanker

ValiantSon wrote: »

your comment is hyperbole

Another term involving the letters 'bol....' springs to mind!

Don't rise to the bait, some posters really aren't worth the effort....

Superscrooge

ValiantSon wrote: »

What a ludicrous suggestion that every customer should receive a payment of £1,000! For what, exactly, should customers recieve this? For my part, I have been unable to log in to my account for a few days: big deal.

If TSB has 1.9 million customers that would be a payment of £1.9 billion! Ridiculous! Where would they get this money from and how would this leave them as a viable bank?

Get a sense of perspective.

Totally agree. I won't be claiming compensation as no financial loss, just a bit of inconvenience. If anyone has suffered financial loss, then claim for the loss.

I'll be gaining through the increase in interest rate

Some people seem obsessed with compensation claims

ValiantSon

eskbanker wrote: »

Another term involving the letters 'bol....' springs to mind!

Don't rise to the bait, some posters really aren't worth the effort....

Yes, you are right on both counts.

ValiantSon

Superscrooge wrote: »

Totally agree. I won't be claiming compensation as no financial loss, just a bit of inconvenience. If anyone has suffered financial loss, then claim for the loss.

I'll be gaining through the increase in interest rate

Some people seem obsessed with compensation claims

I have been appalled at the greedy and opportunistic compensation claims (I hesitate to call it compensation as there is nothing to be compensated for). I have equally been heartened by those, like yourself, who aren't joining in with the mob.

I lost nothing, so there will be no claim from me.

For what it's worth, thus far, I have been pleased with the service I have received from TSB and this short term outage of online banking has been nothing more than a small irritation. They retain my custom.

Brynsam

AG47 wrote: »

What are we suppose to do, have several bank accounts to spread the risk?

Most sensible people do just that.

eskbanker

Brynsam wrote: »

AG47 wrote: »

What are we suppose to do, have several bank accounts to spread the risk?

Most sensible people do just that.

Not sure what the current statistics are, but just over three years ago in Q1 2015, according to https://www.statista.com/statistics/467248/total-number-of-current-bank-accounts-held-uk/:

more than a half (52%) of respondents reported having only one personal current account, while 19 percent of the sample held three or more current accounts.

Lungboy

PeacefulWaters wrote: »

The run on NR was in 2007.

Nationalisation not long after.

The comparison between TSB and NR is utterly ridiculous.

Aye, 2012 (my 6 years) was when it was finally bought out and ceased to be NR.