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TSB Classic Plus - any disadvantages?

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  • aj23_2
    aj23_2 Posts: 1,155 Forumite
    1,000 Posts Third Anniversary Name Dropper Combo Breaker
    I opened a Classic Plus last week in branch and it was completely hassle free. I had no issue.
  • tel_
    tel_ Posts: 333 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    So payments into & out of the TSB Classic Plus can only be set-up in a branch, due to the ongoing online issues?

    I was thinking of going into a TSB branch & opening one, but it's not going to be very inconvenient for me if I have to go in branch to deposit, & then transfer out, the minimum £500 required every month to get the 5%.
  • EarthBoy
    EarthBoy Posts: 3,209 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    tel_ wrote: »
    So payments into & out of the TSB Classic Plus can only be set-up in a branch, due to the ongoing online issues?

    I think you've misunderstood. You'll have to go into a branch to open an account at the moment, but once it's opened you can pay in and make payments out online.
  • Have four TSB accounts between me and my missus.


    Only problem I had, was unable to log-in for a couple of days, when it all went wrong. Didn't cause me any problems.

    Everything's good and I'll accept the 5% interest, thank you very much . .
  • tel_
    tel_ Posts: 333 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    EarthBoy wrote: »
    I think you've misunderstood. You'll have to go into a branch to open an account at the moment, but once it's opened you can pay in and make payments out online.

    So it's just the opening of a new account online that's the issue with TSB, even if they are a new customer.

    Thanks for the reply EarthBoy - much appreciated.
  • aj23_2
    aj23_2 Posts: 1,155 Forumite
    1,000 Posts Third Anniversary Name Dropper Combo Breaker
    tel_ wrote: »
    So it's just the opening of a new account online that's the issue with TSB, even if they are a new customer.

    Thanks for the reply EarthBoy - much appreciated.

    The only thing that they are requiring you to do in branch is open the account. After that, it's your choice how you manage it.
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