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.... Nationwide, which had long held out against them, is introducing them from this summer. NatWest and TSB have also agreed to start paying retention fees. ... [Read full article on Guardian ]
Saturday 25th of March 2017 07:00:03 AM
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....But many of the banks cited as potential buyers of the bank in its entirety have faded away. There was initial speculation of a bid from TSB’s parent company, Spanish lender Sabadell, but a move has since been ruled out. ... [Read full article on Guardian ]
Friday 24th of March 2017 10:12:57 AM
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.... Meanwhile, the Co-operative Bank says its basic Cashminder account makes up around 20% of all its current accounts. Other providers include Barclays (Basic Current Account), HSBC (Basic Bank Account), Nationwide (FlexBasic), NatWest (Foundation Account), Royal Bank of Scotland (Basic Account), Santander (Basic Current Account), TSB (Cash Account) and Yorkshire Bank/Clydesdale Bank (Readycash). ... [Read full article on Guardian ]
Saturday 25th of March 2017 07:00:02 AM
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Latest Finance News related to TSB

The death of the mortgage salesman is unfortunately premature image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
.... Nationwide, which had long held out against them, is introducing them from this summer. NatWest and TSB have also agreed to start paying retention fees. ...
Lords call for the banks to get back to basics image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
.... Meanwhile, the Co-operative Bank says its basic Cashminder account makes up around 20% of all its current accounts. Other providers include Barclays (Basic Current Account), HSBC (Basic Bank Account), Nationwide (FlexBasic), NatWest (Foundation Account), Royal Bank of Scotland (Basic Account), Santander (Basic Current Account), TSB (Cash Account) and Yorkshire Bank/Clydesdale Bank (Readycash). ...
Co-operative Bank says it has interest of several credible buyers image
Source : Guardian [Read Article] Friday 24th of March 2017 10:12:57 AM
....But many of the banks cited as potential buyers of the bank in its entirety have faded away. There was initial speculation of a bid from TSB’s parent company, Spanish lender Sabadell, but a move has since been ruled out. ...
Tax year end 2017: Are ISAs or current accounts the best place to save £5,000?  image
Source : Daily Express [Read Article] Thursday 16th of March 2017 04:19:00 PM
....By comparison, current accounts pay a typical rate of 1. 65 per cent on current accounts, with top rates of three per cent available from Nationwide and TSB. ...
Woman's face burned after battery-operated headphones explode mid-flight image
Source : Guardian [Read Article] Wednesday 15th of March 2017 02:50:15 AM
....Smoke and the smell of melted plastic, burnt hair and electronics filled the cabin for the rest of the journey to Melbourne. “People were coughing and choking the entire way home,” one passenger said in the ATSB statement. ...
Savers are getting worse return than ever while risk takers are benefiting image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 12:01:00 AM
.... You need to pay in a minimum £1,000 per month to qualify. Other high-interest accounts from the likes of Santander and Tesco have been either cut or withdrawn, although TSB Classic Plus still pays 3 per cent on up to £1,500, if you pay in £500 a month. ...
Violent criminals get off lighter than people late with their water bill image
....If she wanted to, say, buy a car with a personal loan, she’d also be frozen out. If you want to borrow £10,000 over 60 months and have a “good” credit rating, the best deal at the moment is TSB at 2. ...
Savers told to vote with their feet for best deals, says finance expert image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....New challenge. The new breed of challenger banks are bucking the trend, with Virgin Money, Post Office Money, TSB and Tesco Bank all currently offering market leading savings rates. ...
How to drive a hard bargain image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....” . Banks are offering record low APRs for larger loans of £7,500 or more with TSB and Sainsbury’s Bank charging just 2. ...
Savers need a balancing act to beat inflation image
Source : Guardian [Read Article] Monday 20th of February 2017 07:00:31 AM
....uk points to the Nationwide FlexDirect current account which pays 5% interest on balances of less than £2,500 for the first 12 months, but £1,000 must be paid in every month to qualify. TSB’s Classic Plus account, meanwhile, pays 3% on balances up to £1,500, with a minimum of £500 to be paid in every month. ...
Co-op Bank faces struggle to find owner with ethics – and deep pockets image
Source : Guardian [Read Article] Saturday 18th of February 2017 04:00:05 PM
.... At that time, the talk was of the creation of a mutual behemoth, born out of the ashes of the financial crisis. But within four years it had all come tumbling down – after an audacious and aborted to attempt to grow even bigger by buying what is now known as TSB. ...
Co-op Bank is up for sale – is it time to leave? image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
....Will the new owner, whoever it turns out to be, respect its ethical heritage?. “One popular theory is that the TSB is likely to take over, because of its ‘ethical and local’ approach to banking,” says Move Your Money. ...
Treasury plan may allow RBS to avoid selling 300 branches image
Source : Guardian [Read Article] Friday 17th of February 2017 09:29:15 PM
.... The other problem is the uncertainty over the size of a penalty from the US for a toxic bond misselling scandal in the run-up to the 2008 financial crisis. While RBS has repeatedly struggled to sell off the branches, Lloyds spun off TSB, which is now owned by Sabadell of Spain. ...
The Co-op Bank is the new Bradford & Bingley image
Source : Guardian [Read Article] Monday 13th of February 2017 02:34:40 PM
.... On moneysavingexpert. com’s best bank accounts list, you’ll see Nationwide, TSB, HSBC, First Direct, Santander and NatWest but no Co-op. ...
For sale: Co-op Bank looks for buyers image
Source : Guardian [Read Article] Monday 13th of February 2017 08:05:49 AM
....Amid persistent speculation over its long-term future, the loss-making bank said its board had decided to look for buyers, as well as look at other ways of bolstering its financial position. Speculation about potential buyers immediately focused on private equity houses or so-called challenger banks such as TSB, owned by Sabadell of Spain, Clydesdale and Yorkshire Bank, Virgin Money, and Santander. ...
Banks scale bank on ‘sweeteners’ used to tempt customers to switch current account image
.... . Club Lloyds halved its headline interest rate from 4 per cent to 2 per cent and TSB Classic Plus from 5 per cent to 3 per cent from this month. ...
HSBC to close 62 more branches this year, blaming online banking image
Source : Guardian [Read Article] Tuesday 24th of January 2017 01:47:13 PM
....Until now, some banks had offered only limited access to their services through post offices, particularly for business customers. Apart from the high street banks, the new deal brings in “challenger” players such as TSB and Virgin Money. ...
Mortgage rates are at a record low, now is the time to see if you can get a better deal image
....Homeowners expect to save around £49 a month from remortgaging, but in fact they will save £96 on average. This could save them £2,300 across the life of a two-year fixed-rate mortgage for £100,000, according to new research from TSB. ...
Smell the difference image
Source : BBC [Read Article] Wednesday 28th of December 2016 11:12:09 PM
....Metro Bank - which opens its latest branch in Basingstoke on 31 December - is planning a dozen new "stores" as it calls them. Both TSB and Handelsbanken will also expand their branch numbers next year. ...
Lloyds's MBNA deal: good for the bank, bad for competition | Nils Pratley image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
....This cheerful interpretation is not to be sniffed at. Lloyds has taken £17bn in provisions for mis-sold payment protection insurance since 2011, sold most of its operations outside the UK, demerged TSB and cut costs. ...
Inflation challenge to the long-suffering savers in Britain image
Source : Daily Express [Read Article] Wednesday 14th of December 2016 08:56:00 AM
.... . For savers wanting an easy access savings account, RCI Bank and Tesco Bank offer the most competitive rates at one per cent, double TSB’s 0. ...
HSBC shutting four bank branches a week image
Source : Guardian [Read Article] Wednesday 14th of December 2016 12:01:10 AM
.... HSBC told the Guardian it had closed 222 in 2016 alone, taking its current tally to 755. The second largest number of closures, according to Which?, was at the Royal Bank of Scotland group, which has closed 191 outlets, followed by Lloyds Banking Group – which includes the Lloyds, Halifax and Bank of Scotland brands – with 180 branch closures, Barclays with 132, the Co-operative Bank (117, 53% of its entire network), Santander (87) and TSB (18). ...
Lloyds Banking Group fails to meet 'fee-free' basic account guidelines image
Source : Guardian [Read Article] Monday 12th of December 2016 07:32:21 PM
....”. All of the basic bank accounts at the other seven groups – Barclays, Clydesdale/Yorkshire, the Co-operative Bank, HSBC, Nationwide, Santander and TSB – are fully compliant. ...
Is this the END of ultra cheap mortgages? Price hike fears as HSBC pulls record-low deal image
....99 per cent two-year fixed rate loan, raising expectations that more top deals could be pulled. Major lenders TSB, Halifax, Leeds Building Society, Nationwide and Virgin money have all recently increased rates. ...
Forget Christmas toys: Here are some children's presents that keep on giving image
Source : Daily Express [Read Article] Sunday 4th of December 2016 12:01:00 AM
....25 per cent on £1 and above, and can be opened in branch, by phone or by post. Nationwide, Halifax, TSB, Tesco Bank and Darlington Building Society all pay 3 per cent on £1 and above. ...
Where to find the best bank accounts for teenagers image
Source : Guardian [Read Article] Saturday 26th of November 2016 07:00:25 AM
.... You earn interest once you have £100 or more in the account. Meanwhile, both Lloyds Bank and TSB offer an Under 19s Account, paying 1. ...
After Tesco fraud, are other banks vulnerable to cyber-attacks? image
Source : Guardian [Read Article] Saturday 12th of November 2016 07:00:42 AM
.... It tested the UK’s 11 biggest banks and building societies and found that the security at five was not good enough. It said Halifax, its sister brand Bank of Scotland, Lloyds, Santander and TSB had “consistently scored poorly” over the four years it had been analysing their security measures. ...
Bank fraud image
Source : BBC [Read Article] Monday 7th of November 2016 12:48:44 PM
....Last month, consumer body Which? carried out some research on banks' online security, and declared that some of the High Street banks could do more to protect customers' personal details. Lloyds, Santander and TSB scored poorly in their tests, although they each disputed the findings. ...
Premium Bonds may return zero on savers money warn experts image
Source : Daily Express [Read Article] Wednesday 2nd of November 2016 08:15:00 AM
....Earlier this year, it upped its account fee from £2 to £5 a month. In January, the TSB Classic Plus current account will cut its interest rate from 5 per cent to 3 per cent, and in February the Halifax Reward account cuts its £5 monthly reward to £3. ...
Santander 123 account rate cut comes into effect image
Source : Guardian [Read Article] Tuesday 1st of November 2016 07:00:00 AM
....Santander is the first of a number of banks to cut in-credit interest rates for customers. From 4 January 2017, TSB’s Classic Plus account will no longer offer a generous 5% on balances up to £2,000. ...
Banks' online security is failing customers, says Which? image
Source : Guardian [Read Article] Thursday 20th of October 2016 09:30:46 AM
....Against a backdrop of booming bank fraud, Which? tested the UK’s 11 biggest banks and building societies and found that the security at five of them was still not good enough. Which? said Halifax, its sister brand Bank of Scotland, Lloyds, Santander and TSB had “consistently scored poorly” over the four years it had been analysing their security measures, and continued to do so as none of them offered two-factor authentication at login, despite having the technology to do so. ...
Tesla to make all its new cars self-driving image
Source : BBC [Read Article] Thursday 20th of October 2016 02:07:12 AM
....But it suffered a setback in May when a man was killed driving a Tesla Model S while using the Autopilot function. A preliminary US National Transportation Safety Board (NTSB) report into the incident said the driver had been speeding moments before he collided with a lorry. ...
Savers suffer as banks withdraw more than 100 savings accounts image
Source : Guardian [Read Article] Monday 17th of October 2016 02:21:38 PM
....From 1 November, customers with a Santander 123 account will see their interest halved to 1. 5%, and Lloyds and TSB recently announced similar cuts to their top-paying current accounts. ...
Mortgage lenders lift upper limits to help solve an age-old problem image
Source : Guardian [Read Article] Monday 17th of October 2016 08:39:31 AM
....“This is irrespective of proof of affordability. Barclays and NatWest, for example, both require the mortgage to be repaid by the age of 70; TSB, Tesco bank and Santander all have a cut-off at 75. ...
From Royal Mail to Asda – company schemes that give workers a share image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:01:07 AM
....Many household-name businesses offer SAYE schemes. For example, TSB’s latest one, a three-year savings plan, closed to applicants on 22 August. ...
TSB and Lloyds to slash interest rates on current accounts image
Source : Guardian [Read Article] Thursday 13th of October 2016 09:19:58 AM
. Interest rates available on current accounts are to plummet, after Lloyds and TSB both announced they would follow Santander in slashing the returns on their highest-paying accounts. ...
SAVERS woe: Lloyds, Halifax and TSB slash interest on bank accounts image
Source : Daily Express [Read Article] Wednesday 12th of October 2016 01:46:00 PM
....At the same time, Halifax is chopping the monthly reward payment on the Reward Current Account from £5 to £3. And in another blow, TSB is reducing the in-credit rate on its Classic Plus account from a generous five per cent to three per cent on balances of up to £2,000 from January 4 2017. ...
Old toys in original packaging could fetch you a fortune image
Source : Daily Express [Read Article] Wednesday 12th of October 2016 08:25:00 AM
....The auction website also features vintage toys such as tin cars, dolls, teddy bears and retro Barbie, Batman and Mickey Mouse figures, with asking prices as high as £1,500 in some cases. The nostalgia surrounding childhood toys is so strong that almost two out of five still own their childhood toys, according to new research from TSB Home Insurance. ...
Switch to a market-leading current account for the best returns image
Source : Daily Express [Read Article] Wednesday 21st of September 2016 02:03:00 PM
.... . Other options to consider include the Nationwide FlexDirect, which pays 5 per cent on balances up to £2,500, and TSB Classic Plus, which also pays 5 per cent on the first £2,000 in your account. ...
Setback for RBS in sale of 315 branches image
Source : BBC [Read Article] Tuesday 20th of September 2016 08:13:32 PM
.... The company that owns Clydesdale and Yorkshire banks is thought to still be in the hunt. Another potential candidate - the TSB, offloaded by Lloyds under similar regulatory pressure - have up to now ruled themselves out. ...
Consumers 'don't stand a chance' of finding best deal on overdraft image
Source : Guardian [Read Article] Tuesday 6th of September 2016 07:25:20 PM
....Going overdrawn on a current account without permission can be several times more costly than taking out a payday loan. In this same scenario Lloyds, HSBC and TSB would each charge £80. ...
Bank branch closures trigger high street alarm bells image
Source : Guardian [Read Article] Sunday 21st of August 2016 04:03:43 PM
.... Both Lloyds and RBS were forced to carve out branch networks as a penalty from the EU for their taxpayer bailouts. The network created – TSB – is owned by Sabadell and now has 598 branches compared with 631 when it started. ...
First Direct wins gold for customer satisfaction image
Source : Guardian [Read Article] Saturday 20th of August 2016 06:00:06 AM
....Nationwide came in second with a 79% “great” score, with the Co-operative Bank and its Smile online brand in third place with 72%. Santander and TSB were just behind, each scoring 71%. ...
Santander savings account to halve interest rate in new blow to savers image
Source : Daily Express [Read Article] Wednesday 17th of August 2016 12:01:00 AM
....Those who hold the maximum in-credit balance of £20,000 and pay their household bills from the 123 account will still be able to earn up to £600 in interest and cashback each year. Mountford said the Nationwide FlexDirect and TSB Classic Plus bank accounts offer more generous rates of 5 per cent, but on much lower balances of just £2,500 and £2,000 respectively. ...
Interest rate cut: what now for savers and borrowers? image
Source : Guardian [Read Article] Saturday 13th of August 2016 06:01:18 AM
.... Similarly, Nationwide’s Flexclusive Regular Saver, available to its main current account customers, pays 5%. And there are current accounts paying 5%: Nationwide’s FlexDirect and TSB’s Classic Plus. ...
Savers lose interest in moving accounts image
Source : Daily Express [Read Article] Wednesday 10th of August 2016 12:01:00 AM
.... . Nationwide FlexDirect pays 5 per cent on up to £2,500, while TSB Classic Plus also pays the same rate on up to £2,000. ...
Find out the options to switch to a better mortgage rate image
Source : Daily Express [Read Article] Tuesday 9th of August 2016 10:27:00 PM
....NatWest/RBS will cut its SVR to 3. 75 per cent, TSB and Nationwide will charge 3. ...
Banks STILL able to charge exorbitant fees after competition investigation, blast critics image
....". Paul Pester, chief executive of high street challenger brand TSB, said: "The CMA has played right into the hands of the big five banks and missed a golden opportunity to enable people across the UK to get a better deal from their banks. ...
Watchdog demands banking overhaul to save customers money image
Source : Guardian [Read Article] Tuesday 9th of August 2016 06:48:30 AM
.... This is because it can make it difficult for customers to see how much they are paying for their banking services in hidden charges. Spanish-owned TSB – once part of Lloyds – wanted customers to be sent monthly bills to tackle this. ...

Savers with money in popular high -interest current accounts braced for cuts  
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....Slashing the 123 interest rate would be a major setback many savers who have switched to the current account specifically to boost their returns. TSB has also issued a similar statement in which it said it is reviewing rates and will make an announcement "shortly". ...
UK interest rate cut: how it will affect you image
Source : Guardian [Read Article] Thursday 4th of August 2016 11:02:58 AM
....Times are tough for savers, but you can do better than a variable rate account paying less than the base rate. Current accounts are offering the best rates, with Nationwide and TSB both offering 5% interest on their everyday accounts, but this applies only to balances of £2,500 and £2,000 respectively. ...
How a phone call from ‘the bank’ cost an unsuspecting couple their life savings image
....Peter and Sarah Holmes, both in their 80s and from Yorkshire, have become the latest victims of one of the fastest growing and most pernicious scams – which has cost them their life savings of £134,000. The fraudsters called them, posing as investigators from TSB, telling them that they were carrying out a probe into staff at their local TSB branch, and that they needed their help to catch them. ...
The bank accounts paying savers a pittance image
Source : Guardian [Read Article] Saturday 23rd of July 2016 06:00:32 AM
.... After 12 months the rate reverts to 1% on balances up to £2,500. TSB’s Classic Plus account, again with no monthly fee, pays 5% on balances up to £2,000, provided you pay in a minimum of £500 a month and register for internet banking, paperless statements and paperless correspondence. ...
It’s summer! Here’s how to get the best deal for your travel money image
Source : Guardian [Read Article] Saturday 23rd of July 2016 05:59:32 AM
....Avoid, if you can, using the standard debit cards from most of the big banks. MoneySavingExpert’s Martin Lewis brands the debit cards from Lloyds, Halifax, Santander, Bank of Scotland and TSB as the “cards from hell” because they typically charge 2. ...
Mobile banking on the rise as payment via apps soars by 54% in 2015 image
Source : Guardian [Read Article] Thursday 21st of July 2016 11:01:40 PM
....” Checking an account balance via a mobile app might take three seconds rather than the 30 seconds necessary to log in to internet banking. Research by TSB found that 45% of mobile or internet banking was carried out while the customers were in front of a TV; about 18% was done at work, 17% in bed and 11% while commuting. ...

TSB profits lifted by rise in new customers 
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Source : Telegraph [Read Article] Thursday 21st of July 2016 11:40:21 AM
...
Related to :

MH370 search team: 'We've been looking for the missing plane in the wrong place'
 image
.... "Which wing ran out of fuel first, did it roll this way or did it tip that way?". The Australian Transport Safety Bureau (ATSB), the agency coordinating the search, has consistently defended the defined search zone. ...
Unplanned overdraft fees 'four times costlier than payday loans' image
Source : Guardian [Read Article] Saturday 9th of July 2016 06:00:09 AM
.... At Barclays the equivalent cost would be £29. 75, whereas at Santander it would be £67, said Which? Meanwhile, Lloyds, HSBC and TSB would each charge £80. ...
Overdrafts more expensive than payday loans, says Which? image
Source : BBC [Read Article] Friday 8th of July 2016 09:26:59 PM
....Royal Bank of Scotland (RBS), which has some of the highest charges, allows customers a £10 buffer, and then charges £6 a day up to a maximum of £90 in any 30 day period. TSB, Lloyds and HSBC all charge up to £80. ...
Savers need to act fast to protect themselves from cuts in interest rates image
Source : Daily Express [Read Article] Wednesday 6th of July 2016 01:43:00 PM
.... However, this is paid only on limited balances, she says. “TSB Bank and Nationwide pay five per cent on up to £2,000 and £2,500 respectively. ...
Is YOUR local bank about to close? More branches listed for the axe image
Source : Daily Express [Read Article] Friday 10th of June 2016 09:25:00 AM
. TSB, which split from Lloyds Bank in 2013, is to shut 25 branches across Britain over the next 11 months, listed below. ...
Money savings tips: Get an easy £200 by making this ONE change image
Source : Daily Express [Read Article] Wednesday 8th of June 2016 05:30:00 PM
....Amid continued low interest rates, current account providers are also trying top rates to attract savers as new customers. TSB offers in-credit interest of five per cent on balances of up to £2,000, while Lloyds offers up to four per cent on up to £5,000. ...
City news: New Look, Tullett Prebon and Icap, TSB, Go Compare image
Source : Daily Express [Read Article] Wednesday 8th of June 2016 12:01:00 AM
...._____________________________________________________________________. TSB is closing 25 branches and modernising over 100 more as it looks to boost its digital services. ...
Enjoy your European holiday without surprise bank fees image
Source : Guardian [Read Article] Saturday 21st of May 2016 06:00:05 AM
....Some debit cards come with an extra sting in the tail in the form of a purchase fee, slapped on when you use the card in a shop or restaurant overseas. If you have a Lloyds, Santander, Halifax or TSB debit card, be aware that in most cases they will hit you with this fee on top of the 2. ...
Co-op bank says bonus rules could mean higher salaries and costs image
Source : Guardian [Read Article] Friday 20th of May 2016 02:46:43 PM
....“Market conditions for asset sales meant that the pace of deleveraging in non-core slowed during the first quarter and macroeconomic conditions remain uncertain, which may affect the bank’s operating environment during the course of the turnaround plan,” said Booker, as the bank issued a first quarter trading update. Co-op bank - now 20% owned by the mutual Co-op Group of supermarkets and funeral homes - was regarded as a major challenger to the big four high street banks before it was plunged into crisis and had to pull out of taking over the TSB branches now owned by the Spanish bank Sabadell. ...
Big Four banks benefit from regulator's featherlight approach image
Source : Guardian [Read Article] Tuesday 17th of May 2016 05:37:49 PM
.... That was about it. The hard – and depressing – reality about competition in the banking market is that the pivotal moment was the day in September 2008, in the middle of crisis, that the Labour government allowed Lloyds TSB to buy HBOS to prevent an even bigger banking meltdown. ...
Costs of overdrafts to fall as part of UK banks overhaul image
Source : Guardian [Read Article] Tuesday 17th of May 2016 06:36:13 AM
....Criticised after its preliminary report in October for not taking bold enough measures, the CMA also incurred the wrath of challenger banks by refusing to ban “free-if-in-credit” banking accounts, which rival banks say hide the true costs of banking. Paul Pester, chief executive of TSB, spun out of Lloyds, said the CMA had missed a golden opportunity by refusing to require banks to issue customers with monthly bills to tackle the hidden costs of free banking. ...
Banks await decision on proposals to cap overdraft charges image
Source : Guardian [Read Article] Monday 16th of May 2016 06:00:28 AM
....The regulator has previously ruled out the radical option of breaking up the banks and has rejected calls from the smaller “challenger” banks to end the practice of free-in-credit banking, which they say puts them at a competitive disadvantage. TSB, spun out of Lloyds and now owned by Spanish bank Sabadell, issued a final plea ahead of the report’s publication for its idea of a “credit passport” and monthly bill to be introduced. ...
RBS admits further delays in offloading Williams & Glyn image
Source : Guardian [Read Article] Thursday 28th of April 2016 02:07:22 PM
....The European Union demanded the branches be separated as the price of agreeing to RBS’s £45bn taxpayer bailout. Lloyds Banking Group was also required under state aid rules to carve out TSB in return for its government rescue. ...
Five-minute guide to changing your current account image
Source : Daily Express [Read Article] Sunday 24th of April 2016 04:53:00 PM
....Nationwide FlexDirect pays five per cent on up to £2,500 if you pay in at least £1,000 a month, but this rate plunges to just one per cent after 12 months, while Halifax Reward pays you £100 if you close your old account plus £5 every month if you pay in £750, have two active direct debits and stay in credit. Hagger says TSB’s Classic Plus account is growing in popularity. ...
Customers’ reluctance to try newcomers props up the banking giants image
Source : Guardian [Read Article] Sunday 24th of April 2016 07:00:11 AM
....Yet despite this dismal backdrop, with the reputation of bankers at rock bottom, the established players appear confident about one thing: their high-street customers are reluctant to rock the boat. Barely 4% of retail customers move their current accounts each year – a figure that could increase tenfold, challenger bank TSB reckons, if customers were given more information about the accounts they hold with the big four. ...
City news: Ladbrokes, Sky, TSB, Lloyds image
Source : Daily Express [Read Article] Friday 22nd of April 2016 02:42:00 PM
....-----------------------------------------------------------------------------------------------. TSB has urged regulators to help break the “stranglehold” of the UK’s big five banks by doing more to promote switching and making charges clearer. ...
TSB calls for competition authority to help challenger banks image
Source : Guardian [Read Article] Thursday 21st of April 2016 11:33:10 AM
. TSB has renewed its calls for the Competition and Markets Authority (CMA) to take action to make it easier for challenger banks to take on the established players. ...
Nine out of ten savers will NOT pay tax from today - are you one of them? image
Source : Daily Express [Read Article] Wednesday 6th of April 2016 03:55:00 PM
....Higher returns, however, are on offer with a number of current accounts. Santander's 123 account pays three per cent on up to £20,000 of savings, but account holders must pay £5 a month in fees, while TSB gives five per cent on balances up to £2,000. ...

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