TSB rate dropping
Comments
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Bummer, I have received the e mail now :-("A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
Maximum_Saving wrote: »I read that the TSB Classic Plus Account will go from 5% to 3%. It will allow up to £1500. Right now it is £2000. I am very upset by this news. It will begin at the start of February next year. It is currently one of the best deals.
Probably move mine out into an S&S ISA.IITYYHTBMAD0 -
MissTasmanian wrote: »Is this on the contactless transactions? So no word on if they'll drop it then0
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Wonder how they'll decide which is the "second" account ? I opened both mine on the same date . . .
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I really hope they're sensible enough to shut the one that *isn't* linked to the regular saver0
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ARandomMiser wrote: »No sense in being upset, it isn't personal and was pretty much guaranteed to happen when the interests rates dropped.
Probably move mine out into an S&S ISA.
I was expecting the rate drop but not the balance change - that's a bit severe!Free thinker.:cool:0 -
Me too. I was expecting a rate cut or a balance cut, but not both.0
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They're not 'shutting it', they 'may convert it to an Enhance account or another current account'.
Yeah, I thought it was linked to having that particular current account but it seems any will do.
Although if they convert it to one with 0.75% interest I'll not have any money in it any more so it'll add to the money bouncing around list
I'd prefer if I got a choice so I can keep the linked one.0
This discussion has been closed.
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