TSB to increase classic plus rate to 5%
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MDMD
Posts: 1,434 Forumite
Trying to find official confirmation, but the guardian is saying as a result of the recent problems, the rate is going up to 5%
https://www.theguardian.com/business/live/2018/apr/26/tsb-crisis-bank-waives-overdraft-fees-paul-pester-ecb-mario-draghi-business-live?page=with:block-5ae172a8e4b026c402d85970#block-5ae172a8e4b026c402d85970
https://www.theguardian.com/business/live/2018/apr/26/tsb-crisis-bank-waives-overdraft-fees-paul-pester-ecb-mario-draghi-business-live?page=with:block-5ae172a8e4b026c402d85970#block-5ae172a8e4b026c402d85970
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Comments
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The 5% on my Flexdirect ends at the start of May, so this is wonderful news. :beer:
Be nice if they put the max back up to £2000 again as well.0 -
I knew they would look after us. However I would appreciate it if they could raise the threshold from the £1500 limit.0
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They'll probably run through and close second accounts now though...0
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Do we know when the 5% is from will need to move money from other accounts0
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On Radio 5 this morning he seemed to indicate that it would be for existing customers
https://t.co/PXs2cfz8AS0 -
On Radio 5 this morning he seemed to indicate that it would be for existing customers
https://t.co/PXs2cfz8AS
Well he doesnt have any other customers does he!
Nor will he get many new ones this week I suspect.0 -
Yup. A lot of damage limitation for TSB for a bit here. Will be about placating current customers, rather than trying to get new ones - who will understandably be a bit cautious about opening an account right now.
Feel for them really. They've been a good bank for me. Never had a problem up to now. My money is safe so all good.0 -
On Radio 5 this morning he seemed to indicate that it would be for existing customers
https://t.co/PXs2cfz8AS
"And that rate is there for good". I wonder how long "for good" is.0 -
Tremendous news!0
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