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TSB plans for new current accounts

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EarthBoy
EarthBoy Posts: 3,212 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Budgeting & bank accounts
Interesting article here. Interest on the Classic Plus account is being scrapped, and other changes.

https://www.thisismoney.co.uk/money/news/article-7741603/TSB-axe-3-current-account-rate-turn-High-Street.html
«1345

Comments

  • Zanderman
    Zanderman Posts: 4,880 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Well, if that's the case I'll soon have three TSB accounts to switch out somewhere...
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    The internet can be more unforgiving than a herd of elephants:


    https://www.quotes.net/authors/Paul+Pester
    .....under construction.... COVID is a [discontinued] scam
  • Missus_Hyde
    Missus_Hyde Posts: 539 Forumite
    Ninth Anniversary 500 Posts Photogenic
    Zanderman wrote: »
    Well, if that's the case I'll soon have three TSB accounts to switch out somewhere...

    Same here; I'll be dropping them like a hot potato.:p
    A cunning plan, Baldrick? Whatever it was, it's got to be better than pretending to be mad; after all, who'd notice another mad person around here?.......Edmund Blackadder.
  • System
    System Posts: 178,349 Community Admin
    10,000 Posts Photogenic Name Dropper
    Looks like Clydesdale / Virgin Money is the most likely buyer too.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • EssexExile
    EssexExile Posts: 6,460 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Taking into account that it's the Mail & one quote is "working on plans that could see..." I won't worry about it just yet.
    Tall, dark & handsome. Well two out of three ain't bad.
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    EarthBoy wrote: »
    ...Interest on the Classic Plus account is being scrapped...


    ...while my Magic Money Tree gently weeps :(


    winter-willow-mike-dawson.jpg
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Free banking will be a distance memory in the future.
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • born_again
    born_again Posts: 20,491 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    stclair wrote: »
    Free banking will be a distance memory in the future.

    Something that has been muted for years.

    It's a case of who will blink 1st and will the regulator stand for it.

    Odd that TSB are quoted as culling the very accounts that they are pushing like mad at the moment.
    Life in the slow lane
  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    EssexExile wrote: »
    Taking into account that it's the Mail...
    ...they'll be blaming Jeremy Corbyn for this soon.
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    This may shed a bit more light in there plans.

    https://www.tsb.co.uk/news-releases/tsb-unveils-new-strategy-for-future-growth/
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
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