Savings Accounts | Savings & Invest | TSB Bank (2024)

FAQs

Who is TSB Bank owned by? ›

TSB is part of the Spanish banking group Sabadell.

The Moody's deposit rating for TSB Bank PLC is Baa1. This is a solid investment grade rating which gives comfort to depositors and bond investors to lend us money. It's great to have independent reassurance of our financial strength. This rating will give customers another reason to feel confident about TSB.

The Monthly Saver account is for TSB current account customers who want to save regularly with a great rate but still have instant access to their money. The Monthly Saver pays 6.00% Gross/AER, fixed for a year. Use a standing order to save from £25 to £250 each month. Withdraw your money without any fees or charges.

TSB will shut at least 36 of its branches in 2024 and 2025, the bank has announced.

TSB Bank plc began operating as a separate business within Lloyds Banking Group on 9 September 2013, with the intention of selling it off through an initial public offering.

Eligible deposits in TSB Bank plc are protected by: The Financial Services Compensation Scheme (“FSCS”)1. Limit of protection: £85,000 per depositor per bank/building society/credit union2.

TSB is one of the more well-represented banks on the high street, with over 500 branches nationwide. Alongside this, there's a full-service digital offering, including an app, which lets you make payments, manage regular... payments and convert currencies.

Withdraw up to £200 if you have an ATM card. * • Withdraw up to £500 with a debit card. * • Check your balance. Pay in cash and cheques** to your account.

Can I withdraw money from TSB monthly saver? ›

Withdrawals allowed Yes, instant access. You can't replace withdrawn funds. Withdrawal charges No withdrawal penalties apply. How to withdraw Cash Bankers draft Transfer to a TSB current or savings account in your own name.

The highest high-yield savings account rates today are offered by First Community Bank (6.00%), MyBankingDirect.com (5.45%), and Sovereign Bank (5.40%). These, along with our picks for the best high-yield savings accounts, offer rates at least 10 times the national average savings rate of 0.89%.

Banco Sabadell

TSB BANKING GROUP PLC

To make a payment through Internet Banking, select the account you want to make the payment from and then select "Make a payment" to make a payment to a third party and follow the steps on screen. To transfer money between TSB accounts, select "Make a quick transfer".

There's no limit to how many easy access savings accounts you can open, but you'll want to make sure you can stay on top of them all.

What Is A TSB? A Technical Service Bulletin is information sent from a manufacturer to service centers that describes a specific problem with a particular vehicle. It typically also includes an explanation as to how to correct the issue in terms of repair, software reflash, or modification of the automobile.

Unlike the banks we are owned by our members, not shareholders. That's anyone who banks, saves or has a mortgage with us.