TSB interest rates are down

Money, investing, mutuals etc
Sarah
Posts: 3773
Joined: Sat Jun 26 2010 10:01am
Has thanked: 296 times
Been thanked: 2902 times
Contact:

Re: TSB interest rates are down

Post by Sarah » Mon May 04 2020 1:18pm

Also note that the Nationwide FlexDirect offer is only for the first year, not every year and intended to be once per customer only. So opening new accounts shouldn't qualify if you've had the offer before (sometimes took awhile for them to enforce that rule, but they're probably pretty good at applying it by now). As linked above, it's only 2.00% now.
Thanked by: kevinchess1

cccashbacklover
Posts: 2060
Joined: Mon Jul 05 2010 9:55pm
Has thanked: 1186 times
Been thanked: 1251 times
Contact:

Re: TSB interest rates are down

Post by cccashbacklover » Mon May 04 2020 2:33pm

kevinchess1 wrote:
Mon May 04 2020 11:50am
Seems like it dropped quite a bit, also I did have a Flex account before, maybe 8 years ago
2% Rate and threshold reduction to maximum £1500 for first 12 Months applied from 1 May 2020

milo55
Posts: 55
Joined: Thu Dec 16 2010 7:30pm
Location: flying my kite on coombe hill
Has thanked: 11 times
Been thanked: 6 times
Contact:

Re: TSB interest rates are down

Post by milo55 » Mon May 04 2020 11:43pm

ongoing rate after first year down from 1% to 0.25% on nationwide account - noticed virgin money have increased ?? current account rate from 1% to 2% on current account -only up to 1000 thou
Thanked by: kevinchess1

planteria
Posts: 5768
Joined: Tue Nov 23 2010 4:52pm
Location: England
Has thanked: 413 times
Been thanked: 1277 times
Contact:

Re: TSB interest rates are down

Post by planteria » Tue May 05 2020 9:29am

the Nationwide interest isn't worthwhile now..
the FlexAccount travel insurance has some value to some though. that's the account i have stuck with, so far.

AAAlphaThunder
Posts: 26557
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3667 times
Contact:

Re: TSB interest rates are down

Post by AAAlphaThunder » Tue May 05 2020 5:31pm

planteria wrote:
Tue May 05 2020 9:29am
the Nationwide interest isn't worthwhile now..
the FlexAccount travel insurance has some value to some though. that's the account i have stuck with, so far.
The travel insurance is a good incentive from Nationwide.
[Secretary] imutual Cashback Investment Club

Sarah
Posts: 3773
Joined: Sat Jun 26 2010 10:01am
Has thanked: 296 times
Been thanked: 2902 times
Contact:

Re: TSB interest rates are down

Post by Sarah » Wed Sep 23 2020 10:54am

It's nearly time to kiss goodbye to all those TSB Classic Plus accounts... at least this provides us with plenty of fodder for future current account switches...
We’re changing the interest rate on your Plus account.

We wanted to let you know that from 2 December 2020, we’re reducing the interest rate on your Plus account from 1.50% AER* to 0% AER.
No messing about with 0.01% here. It's going to ZERO and they're underlining that fact by also deleting the account T&Cs relating to credit interest.
Thanked by: expressman33, kevinchess1

planteria
Posts: 5768
Joined: Tue Nov 23 2010 4:52pm
Location: England
Has thanked: 413 times
Been thanked: 1277 times
Contact:

Re: TSB interest rates are down

Post by planteria » Wed Sep 23 2020 11:44am

agreed. no spanish grey areas.

parchedpeas
Posts: 347
Joined: Tue Jun 29 2010 1:34pm
Has thanked: 163 times
Been thanked: 389 times
Contact:

Re: TSB interest rates are down

Post by parchedpeas » Wed Sep 23 2020 4:30pm

I'm already eyeing up the 30 transactions for £5 a month alternate account.

I've got a plan. I won't be beaten yet!

AAAlphaThunder
Posts: 26557
Joined: Tue Sep 14 2010 8:23pm
Location: [The Finest City in the World: London]
Has thanked: 192 times
Been thanked: 3667 times
Contact:

Re: TSB interest rates are down

Post by AAAlphaThunder » Wed Sep 23 2020 6:50pm

parchedpeas wrote:
Wed Sep 23 2020 4:30pm
I'm already eyeing up the 30 transactions for £5 a month alternate account.

I've got a plan. I won't be beaten yet!
I admire your resolve.
[Secretary] imutual Cashback Investment Club

planteria
Posts: 5768
Joined: Tue Nov 23 2010 4:52pm
Location: England
Has thanked: 413 times
Been thanked: 1277 times
Contact:

Re: TSB interest rates are down

Post by planteria » Wed Sep 23 2020 7:34pm

haha me too.. 30 small purchases is doable if you can include small DDs and small debit card purchases.

Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest