TSB £200 switch

[planteria]

those four accounts all have 20T for this month. May-Oct: so two more months of transactions to go.

i'll have wrapped up monthly spends on these 4 S&S accounts this month, so once they've paid out £5s in November, i'll have 5 accounts ready to move/close. existing providers would be fine, ref Lloyds and Nationwide threads.

i don't think i'll bother with further S&S accounts just for the monthly £5s. combined with an incentive it's worthwhile, but current offers aren't very appealing, and Quidco don't pay out / push TSB on behalf of customers.

[planteria]

..i'll have 5 accounts ready to move/close.

this could be my route out of TSB..

viewtopic.php?f=5&t=90891

[planteria]

i don't think i'll bother with further S&S accounts just for the monthly £5s.

despite saying that i've changed my mind and have opened another four S&S accounts this evening.

[planteria]

TSB cs continues to be desperately poor ime.
i'll be glad when my 'Main' account switches to Co-operative Bank, who surely can't be any worse.
transfers between TSB accounts weren't going through earlier, and trying to speak to someone with a basic understanding of their systems was a big ask for them

[Sarah]

I never speak to TSB. Have you withdrawn from NS&I recently? I seem to have been flagged/blocked. I can still deposit, but not withdraw.

[planteria]

i find them nice but poor on the phone, and sometimes nice but also poor in-branch.

i haven't withdrawn from NS&I: i just keep reaching £100 or £200 in my DS and transferring it into PBs.

[Sarah]

I've considered doing that too; don't know yet whether or not internal transfers are also blocked.

Might as well wait until near the end of the month, with deposits earning a respectable 4.0% in the meantime.

[planteria]

what date in the month do you have to buy the PBs though? i may be out of date, but i think it was mid-month for them to be entered in the following month's draw.

[Sarah]

It's much later than that when buying online. They can be purchased very close to end of the month, but never enter the next month's draw; first entry is the month after that. Only automatically reinvested prizes enter the draw without waiting a month.

[Sarah]

I was blocked from transferring Direct Saver funds to Premium Bonds, as well as making withdrawals, so had to call NS&I. It turns out the problem was just some mail having been inexplicably returned to them undelivered, so they required me to re-confirm my correct address.