We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

TSB 2nd classic plus account

Hi all,


Several years ago I opened 2 TSB classic plus current accounts in order to be able to take advantage of the 2 * £2000 pounds at 5% interest, I see this is now down to £1500 per account but my question is, do I need to convert one of these to a joint account so that they both get the 5% interest or will I get the 5% on both without doing this since I opened the account prior to one of the accounts needing to be a joint account?


TIA
«1

Comments

  • xylophone
    xylophone Posts: 45,702 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I receive 5% on both sole accounts.
  • SevenOfNine
    SevenOfNine Posts: 2,399 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    xylophone wrote: »
    I receive 5% on both sole accounts.

    2 individual, 1 joint & husband has individual. 5% on all 4.
    Seen it all, done it all, can't remember most of it.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Just keep your heads down and don't ask, or answer!!!!, questions about it on public forums.
  • i thought it was always £1500 with tsb?
  • badger09
    badger09 Posts: 11,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    i thought it was always £1500 with tsb?

    No. It was £2k when first introduced.
  • SevenOfNine
    SevenOfNine Posts: 2,399 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    colsten wrote: »
    Just keep your heads down and don't ask, or answer!!!!, questions about it on public forums.

    That's the beauty of a PUBLIC FORUM, people can ask or answer whatever they like pretty much, without a self elected board monitor telling them not to!

    At the time of T&Cs changing, TSB notified multiple a/c holders that their 2nd a/c's may be closed to the interest, they didn't follow through & I don't for 1 minute think they 'forgot', so NO-ONE is letting any sort of secret out of the bag.

    Honestly, sometimes...……………………!
    Seen it all, done it all, can't remember most of it.
  • M0ney
    M0ney Posts: 494 Forumite
    Ninth Anniversary 100 Posts
    That's £1500 back in each of these accounts, I'll let yous know at the start of next month how much interest I receive, but Sssshhh, don't tell anyone! ;-)
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper

    Honestly, sometimes...……………………!
    Honestly, the naivety of some people ..........
  • SevenOfNine
    SevenOfNine Posts: 2,399 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 12 October 2018 at 8:59PM
    colsten wrote: »
    Honestly, the naivety of some people ..........

    I agree. :p:rotfl: :rotfl:

    You should be more concerned about TSB noticing they're compensating someone with TWO Classic Plus accounts to the tune of £150 for inconvenience following the IT fiasco, & many more with multiple accounts no doubt.

    More obvious than them 'noticing' this thread, not that they need to according to my friend who works for TSB, surprise surprise, TSB are well aware & always have been.

    https://forums.moneysavingexpert.com/discussion/5905427/tsb-complaint-compensation-offered
    Seen it all, done it all, can't remember most of it.
  • newlease
    newlease Posts: 117 Forumite
    Sixth Anniversary 10 Posts
    How can I check the terms of my accounts? I opened in 2014 when two sole were allowed. Will I receive interest on both if I transfer 500 between the two each month?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.