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

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  • eskbanker
    eskbanker Posts: 37,106 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Edace2020 said:
    Has anyone else not been paid interest on their TSB classic account this month yet?
    I haven't and was wondering if it's just late.
    TSB Classic accounts don't pay interest, but (the different) TSB Classic Plus ones do, and have done this month for me as usual....
  • No issues with interest for any of my Classic Plus accounts...
  • Costabit
    Costabit Posts: 187 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Interest paid on all 3 of ours as per normal ...
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    WillPS said:
    20 minutes of clicking while watching telly a month. It's not a hardship.
    Clicking what?

  • phillw said:
    WillPS said:
    20 minutes of clicking while watching telly a month. It's not a hardship.
    Clicking what?

    A mouse?  Keyboard?
    Pay your credit card bill online, or some other bill which accepts debit card payments.
  • eskbanker said:
    Edace2020 said:
    Has anyone else not been paid interest on their TSB classic account this month yet?
    I haven't and was wondering if it's just late.
    TSB Classic accounts don't pay interest, but (the different) TSB Classic Plus ones do, and have done this month for me as usual....
    You're right. I was meaning to say Classic Plus, my bad.

    Thank you all for replying. I wasn't paid any interest this month on mine for some reason. Just double checked if I missed anything last month, such as the £500 minimum pay-in but no I didn't miss anything and everything else seems fine so I don't know what happened. 
    Never mind, I will possibly switch the account to a different bank next month anyway when the interest drops to zero.

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Edace2020 said:

    Just double checked if I missed anything last month, such as the £500 minimum pay-in but no I didn't miss anything and everything else seems fine so I don't know what happened. 

    Perhaps paperless statements and correspondence has been inadvertently turned off? Has been reported previously by others.
  • Edace2020
    Edace2020 Posts: 24 Forumite
    Fifth Anniversary 10 Posts
    edited 6 November 2020 at 2:00PM
    Edace2020 said:

    Just double checked if I missed anything last month, such as the £500 minimum pay-in but no I didn't miss anything and everything else seems fine so I don't know what happened. 

    Perhaps paperless statements and correspondence has been inadvertently turned off? Has been reported previously by others.
    Good point. Thank you!
    Checked now and paperless statements are activated as always but correspondence are not. This explains then.

  • Dont forget to empty your accounts folks.

    Wouldn't want to leave it too late for TSBs clunky systems to experience issues at the last moment.

    I'll be keeping a tiny amount in and also keep one of them fed with £25 to feed into a RS.


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