TSB classic plus and Classic Enhance interest rates reduction to 0%

ischris85

DragonQ said:

ZeroSum said:

Well that's another spare donor account 

I'd only just shunned my Metro Bank account for the Club Lloyds switching offer! The only one I haven't done but might be eligible for is RBS...I'm not sure if having switched to NatWest a year or two ago makes me ineligible?

I got the Natwest switch offer recently put worth a punt with RBS. Sometimes it a miss or not whether they check across the group.

hoc

Another two months and then bye bye TSB! You won't be missed.

molerat

And they are re-introducing normal overdraft charges from Nov 1st.

Middle_Sister

veryintrigued said:

At least it's positive that they're not dropping the interest rate on balances above the £1500 threshold.

 

Does that mean if you keep £1,500 in the TSB Classic Plus you will still get 1.5%?

General_Grant

Middle_Sister said:

veryintrigued said:

At least it's positive that they're not dropping the interest rate on balances above the £1500 threshold.

 

Does that mean if you keep £1,500 in the TSB Classic Plus you will still get 1.5%?

If that is a serious question -
currently the interest above £1.5K is zero.

molerat

Middle_Sister said:

veryintrigued said:

At least it's positive that they're not dropping the interest rate on balances above the £1500 threshold.

 

Does that mean if you keep £1,500 in the TSB Classic Plus you will still get 1.5%?

No, the rate for above £1500 will remain at 0% as before

Middle_Sister

older_wiser said:

another one gone tesco ended the 1% as of today hardly anywhere left to get decent interest
my marcus account and lloyds  i think are still 0.75% ? how long will that last 

Thanks for that. It must have passed me by that Tesco were reducing their interest rates.  Time to move I guess.

Money_Grabber13579

So the interest on these accounts is now most definitely gone. You know, the interest they promised they wouldn’t take away!

MDMD

Money_Grabber13579 said:

So the interest on these accounts is now most definitely gone. You know, the interest they promised they wouldn’t take away!

https://youtu.be/hxV4cAetWC4

They still have a video on their YouTube channel

stclair

I wonder what the offering will be on the spend and save plus account when it’s launched.