Current Accounts Product Details

TSB

Classic Plus

Representative Example: Based on an overdraft limit of £500. Up to £35.00 charged at 0.00% EAR Variable. Over £35.00 charged at 19.84% EAR Variable. Up to £35.00 overdraft: fee of £0.00 per month. Over £35.00 overdraft: fee of £6.00 per month.

General Account Details

Regular Funding/Income: Min £500.00 Per Month
Min 18 Years
None
None
None

Account Management

  • Yes
  • No
  • Yes
  • Yes
  • Yes
  • Yes

Facilities

  • Yes
  • Yes
  • Yes
  • Yes
  • Visa
  • £300
  • Yes

Benefits

- Other benefits, as well as those shown, might be available on this account. A full list of benefits will be included in the terms and conditions of the account.
"Recommend a Friend" scheme, existing customers introducing friends will earn £75 per recommendation (max 5 payments), each friend will also receive £75 provided they are a new customer who opens a Classic or Classic Plus account by 30.6.19, completes a switch using Current Account Switching Service by 26.7.19 and within 28 days has a minimum of 2 active direct debits and credits at least £500.
£150 cashback on completion for remortgage applications when account funded with at least £500 per month.

Credit Interest Rates

BalanceGross Rate %AER %
£1.00 - £1500.004.89% 5.00%
£1500.01 +0.00% 0.00%

Arranged Overdraft

Yes
Minimum BalanceRate %EAR %
£0.010.00% - Per Month0.00%
£35.011.52% - Per Month19.84%
£0.01 to £35.00:- £0.00 Per Month. £35.01 and over:- £6.00 Per Month
£0.01 and over:- £0.00 Per Request
£0.01 and over:- £0.00 Per Request
22:00 same day
N/A
N/A

Introductory Arranged Overdraft

0% for 3 months on balances of £0.01 and over (Fee waived for first 3 months) :- £0.00 Per Month

Unarranged Overdraft

Yes
Minimum BalanceRate %EAR %
£0.011.52% - Per Month19.84%
£6.00 Per Month. £0.01 to £10.00:- £0.00 Per Day, £10.01 to £24.99:- £5.00 Per Day, £25.00 and over:- £10.00 Per Day
£0.01 and over: £0.00
22:00 same day
£10.00
£10.00
£80.00

Foreign Usage Charges

Debit card payment in a foreign currency in Europe / Worldwide

  • 2.99% Charges levied at time of transaction / 2.99% Charges levied at time of transaction
  • £1.00 / £1.00

Cash withdrawal in a foreign currency in Europe / Worldwide

  • 2.99% Charges levied at time of transaction / 2.99% Charges levied at time of transaction
  • 1.50% (Min £2.00, max £4.50) Charges levied at time of transaction / 1.50% (Min £2.00, max £4.50) Charges levied at time of transaction

Service Performance

The table below shows this provider's current account service performance.

The information shown covers all of their main current accounts, not just this specific account.

ServiceCompleted same day %Completed on average (days)Complete for 99% of customers
Open a current account*90% 0 days6 days
Get a debit card0% 7 days7 days
Get Internet banking99% 0 days0 days
Get an overdraft25% 3 days6 days
Replace a lost debit card0% 7 days7 days
* Once all requested documents and information have been received.
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