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TSB current account - rate will reduce to 1.5%

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  • PRAISETHESUN
    PRAISETHESUN Posts: 4,902 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 17 February 2020 at 3:47PM

  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    PRAISETHESUN said:

    Enlightening stuff!
  • born_again
    born_again Posts: 20,596 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Well even @ 1.5% on £1.5K it is better than many current accounts.
    Life in the slow lane
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,902 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 17 February 2020 at 4:28PM
    Ed-1 said:
    PRAISETHESUN said:

    Enlightening stuff!
    whoops! can't seem to figure out to delete posts on these new forums :(
  • alandaniel132
    alandaniel132 Posts: 476 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Sad_Dad said:
    My wife and I have 7 between us, nice earner on 10.5k when it was 5% and then 3%.  I'll keep for now but I will switch if any switching offers come up that I haven't already taken advantage of.
    how is it happned to have 7 current accoun?
    Dad: 2 sole accoun
    Mum: 2 sole account
    1 joint account?
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    alandaniel132 said:
    Sad_Dad said:
    My wife and I have 7 between us, nice earner on 10.5k when it was 5% and then 3%.  I'll keep for now but I will switch if any switching offers come up that I haven't already taken advantage of.
    how is it happned to have 7 current accoun?
    Dad: 2 sole accoun
    Mum: 2 sole account
    1 joint account?
    I've had 14 Classic Pluses since 2014.
  • Sad_Dad
    Sad_Dad Posts: 879 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 17 February 2020 at 4:54PM
    alandaniel132 said:
    Sad_Dad said:
    My wife and I have 7 between us, nice earner on 10.5k when it was 5% and then 3%.  I'll keep for now but I will switch if any switching offers come up that I haven't already taken advantage of.
    how is it happned to have 7 current accoun?
    Dad: 2 sole accoun
    Mum: 2 sole account
    1 joint account?
    You used to be able to open a standard account and then upgrade it to a classic plus, so I did that a few times. 
  • alandaniel132
    alandaniel132 Posts: 476 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Sad_Dad said:
    alandaniel132 said:
    Sad_Dad said:
    My wife and I have 7 between us, nice earner on 10.5k when it was 5% and then 3%.  I'll keep for now but I will switch if any switching offers come up that I haven't already taken advantage of.
    how is it happned to have 7 current accoun?
    Dad: 2 sole accoun
    Mum: 2 sole account
    1 joint account?
    You used to be able to open a standard account and then upgrade it to a classic plus, so I did that a few times. 
    you mean you open several standard accounts, and then upgrate it to classic plus.
     
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    alandaniel132 said:
    you mean you open several standard accounts, and then upgrate it to classic plus.
     
    Yep, you used to be able to open an infinite number of Classic accounts and then upgrade them to Plus. The upgrade loophole got fixed some time ago, sadly. Not that it would be really worth it any longer now for 1.5%.
  • karlie88
    karlie88 Posts: 9,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    1.5% instant access on up to £85k is still good in the current climate.
    NB: this does not mean I have 56ish current accounts with TSB.
    :grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
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