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TSB cutting savings rates

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  • tel_
    tel_ Posts: 333 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    . Aidanmc Have you ever received switching bonus from TSB? If not you could switch out your existing TSB account and reapply later using a recommend a friend link before 31 July.
    /QUOTE]

    I haven't switched out with TSB before, but unfortunately don't know anyone who can recommend me.
  • Aidanmc
    Aidanmc Posts: 1,324 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    tel_ wrote: »
    . Aidanmc Have you ever received switching bonus from TSB? If not you could switch out your existing TSB account and reapply later using a recommend a friend link before 31 July.
    /QUOTE]

    I haven't switched out with TSB before, but unfortunately don't know anyone who can recommend me.

    You mean switch in to TSB? Go to the referrers board and you will get a referral. Some of the referrers are offering cashback also!
  • tel_
    tel_ Posts: 333 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Typical TSB, I tried to open a Classic Account with them, got to the end of the process, and then got an error message saying there was technical difficulties.

    About 5 mins later, I received an email saying my Classic account is ready to use, except it isn't, as I've tried to log in with no joy.
  • Brewer20
    Brewer20 Posts: 395 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    tel_ wrote: »
    Typical TSB, I tried to open a Classic Account with them, got to the end of the process, and then got an error message saying there was technical difficulties.

    About 5 mins later, I received an email saying my Classic account is ready to use, except it isn't, as I've tried to log in with no joy.


    Sometimes I've had this with opening accounts (can't remember with TSB) you may have to wait for an activation code.
  • Be_Happy
    Be_Happy Posts: 1,392 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ColdIron wrote: »
    It seems to work now. It only apples to the Easy Saver and eSavings accounts, both of which are being reduced from 0.30% to 0.15%. I can't see many MSEers being troubled by this

    These are rates after 1st year. 1st year rates including bonus are Easy Saver reducing from 0.50% to 0.35% and 1st year eSavings reducing from 0.55% to 0.35%
  • EarthBoy
    EarthBoy Posts: 3,213 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Be_Happy wrote: »
    These are rates after 1st year. 1st year rates including bonus are Easy Saver reducing from 0.50% to 0.35% and 1st year eSavings reducing from 0.55% to 0.35%

    Your can get the first year rate permanently by renewing your account every year.
  • TheShape
    TheShape Posts: 1,888 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Meanwhile they want to charge me £10 for sending £20 to my daughter in South Africa. Money grabbing sods.

    They are a business. They exist to make money.
  • Zanderman
    Zanderman Posts: 4,883 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Don't you think £10 is a little excessive?

    Probably perfectly normal if you're sending money abroad via a High Street bank, TSB or not.

    Perhaps you should look for other, cheaper, ways of overseas transfers, not involving a High Street bank. Tthere are plenty of choices.
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