TSB 2nd classic plus account

M0ney

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

xylophone

I receive 5% on both sole accounts.

SevenOfNine

xylophone wrote: »

I receive 5% on both sole accounts.

2 individual, 1 joint & husband has individual. 5% on all 4.

colsten

Just keep your heads down and don't ask, or answer!!!!, questions about it on public forums.

NotRichAtAll

i thought it was always £1500 with tsb?

badger09

NotRichAtAll wrote: »

i thought it was always £1500 with tsb?

No. It was £2k when first introduced.

SevenOfNine

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...……………………!

M0ney

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

SevenOfNine wrote: »

Honestly, sometimes...……………………!

Honestly, the naivety of some people ..........

SevenOfNine

colsten wrote: »

Honestly, the naivety of some people ..........

I agree. :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

newlease

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?