TSB launches new 'Spend and Save' current account

colsten

Yorkshire_Pud said:

Used my super new spend and save card in the supermarket, first seven dc payments OK then three declines and had to use another card. Then got £10 from atm no problem.
Got home, phone call from tsb fraud dept automated 2:55min verifying transactions were not fraud. What’s suspicious about buying eight items of shopping separately one after the other!? Onwards.

They do this if you make lots of online purchases in short succession, too.

movingon

Me too. Having previously made five successive Metro DD top ups on Amazon, without a problem,  tried this again with my new TSB card. Fail.
 Cue on hold for TSB for twenty minutes. I'm thinking, well what would they expect when you have to satisfy the conditions within the first month of card arrival, and you have to allow for pending transactions at the end of the month as well?
I wondered if it was worth it, but then I remembered that TSB are removing the interest at the end    beginning of December so I am going for it whilst I can. 

soulsaver

movingon said:

.... I remembered that TSB are removing the interest at the end of December so I am going for it whilst I can. 

Think again - 2nd December rate drops.

soulsaver

...although I haven't had a personalised notification... https://www.moneysavingexpert.com/news/2020/09/tsb-to-scrap-classic-plus-current-account-interest/

Yorkshire_Pud

Yorkshire_Pud said:

Used my super new spend and save card in the supermarket, first seven dc payments OK then three declines and had to use another card. Then got £10 from atm no problem.
Got home, phone call from tsb fraud dept automated 2:55min verifying transactions were not fraud. What’s suspicious about buying eight items of shopping separately one after the other!? Onwards.

Ten transactions in a row in the supermarket, asked for manual pin once but not declined this time, took 7minutes.

ischris85

Eager to use my new Spend and Save card, decided to make 5x debit card transactions to NS&I, will do more tomorrow and will report if any issues

pphillips

ischris85 said:

Eager to use my new Spend and Save card, decided to make 5x debit card transactions to NS&I, will do more tomorrow and will report if any issues

Is there a daily limit? I was hoping to do all of mine at once.

quirkydeptless

pphillips said:

ischris85 said:

Eager to use my new Spend and Save card, decided to make 5x debit card transactions to NS&I, will do more tomorrow and will report if any issues

Is there a daily limit? I was hoping to do all of mine at once.

I did 30 in a row in minutes no problem towards a utility bill.

Yorkshire_Pud

quirkydeptless said:

pphillips said:

ischris85 said:

Eager to use my new Spend and Save card, decided to make 5x debit card transactions to NS&I, will do more tomorrow and will report if any issues

Is there a daily limit? I was hoping to do all of mine at once.

I did 30 in a row in minutes no problem towards a utility bill.

That would be quicker than my supermarket single item card use plus wouldn’t have to touch their screens etc!
Do you make 1p type payments or bigger ones to pay off the monthly bill? I’m assuming if you pay by direct debit they adjust the next DD accordingly?

quirkydeptless

Yorkshire_Pud said:

quirkydeptless said:

pphillips said:

ischris85 said:

Eager to use my new Spend and Save card, decided to make 5x debit card transactions to NS&I, will do more tomorrow and will report if any issues

Is there a daily limit? I was hoping to do all of mine at once.

I did 30 in a row in minutes no problem towards a utility bill.

That would be quicker than my supermarket single item card use plus wouldn’t have to touch their screens etc!
Do you make 1p type payments or bigger ones to pay off the monthly bill? I’m assuming if you pay by direct debit they adjust the next DD accordingly?

It was easiest to repeat the same value and 30x£1 was a convenient total toward my monthly bill.

I do pay by DD, but the amount can be adjusted.