Reasons to choose our Classic Account
- 24 hour money - take control of your bank account round the clock through Internet Banking, Telephone Banking and our Mobile Banking app, as well as at over 630 branches in the UK. And thanks to your Visa debit card, you can access cash machines worldwide, too.
- See what you spend - when you’re signed-up to Internet Banking, keep track of your money across your TSB personal current and credit card accounts with Money Planner. It’s a free online tool that gives you a unique view of your spending.
The quick and easy way to control your money. Pay bills, check balances, transfer money between accounts, set up and cancel standing orders, view and cancel Direct Debits and more.
Make it easier to manage your money on the go. It means you can do your banking on the move from most Internet-enabled mobile devices - either using our app or via your mobile device's browser.
You can call our Telephone Banking service on 0345 975 8758.
Use our quick automated service to:
- check your balance and recent transactions
- pay your bills
- transfer money
- check your Direct Debits or standing orders
And you can also speak to one of our advisers if you have a more complex query.
These services are available if you are over 16.
Your TSB Visa debit card is an amazing piece of plastic. Accepted in millions of places and cash machines worldwide, it's incredibly convenient. It's just as safe to use abroad as at home, so it's a simple alternative to carrying cash.
With Classic, you can benefit from a £25 interest and fee-free planned overdraft (subject to application and approval) which can come in handy with unexpected bills. It's easy to set up, and once it's approved you can access the money right away.
Overdrafts are subject to application and approval and are repayable on demand.
Classic Account overdraft interest rates
|Account||Interest charged monthly|
|Classic||1.53 % per month||19.94 % EAR*|
You have a current account and a planned overdraft limit of £1,200
- The first £25 of the overdraft is interest and fee free
- If you use a Planned overdraft limit of £1,200 on our Classic Account the overdraft interest rate we charge on the first £25 will be 0% EAR* variable and a Monthly Overdraft Usage Fee will not apply. The overdraft interest rate on the next £1,175 will be 19.94% EAR* variable and a Monthly Overdraft Usage Fee of £6 will apply.
No overdraft fees or interest to pay if you go overdrawn (either Planned or Unplanned) by less than £10. The overdraft buffer is in addition to any interest and fee-free overdraft limit that you may have as part of your current account.
Overdrafts are subject to application and approval and are repayable on demand
Control is a service you pay for that helps you avoid overdraft fees and keep a limit on your spending. It's ideal for you if you often go over your overdraft limit and get hit with unexpected charges.
- For £10 a month, stop your account from going into an unplanned overdraft
- You won't go accidentally overdrawn - unless you spend money somewhere we can't check your balance, like on a plane or when paying by contactless
- If you do go overdrawn, we won't charge you overdraft fees or returned item fees (although you will be charged interest)
If your account goes over its limit, our Grace Period means that you have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you may incur that day.
Every time you use your TSB VISA debit card we'll round up the amount you spent to the nearest pound and transfer the difference from your current account into an eligible TSB savings account.
If you've ever wondered where your money goes, then Money Planner is for you. It's a free, easy-to-use Internet Banking service that lets you keep track of most of the spending you make from your personal TSB current and credit card accounts.
Money Planner is provided to help you manage your personal finances and is not intended to provide legal, tax or financial advice. You must be registered for Internet Banking. Terms and conditions apply.
If you'd like to have one, we'll give you a TSB cheque book as well.
A joint account is simply a bank account in the name of two or more people. You can either convert your existing bank account into a joint account by adding someone else to it, or open a new account in two people's names.
- Convenient way to share outgoings like shopping, bills, mortgage or rent payments
- You'll both get your own Visa debit card for payments and cash
- You can still keep your own current account and open an additional TSB joint account, and move money between the two accounts easily
Important things to remember
Along with the benefits of opening a joint account, there are also extra responsibilities. Here are a few things to consider:
- each person can make withdrawal, use cash machines or apply for an overdrafts without needing the other's approval
Apply for a joint account
You can open a joint account or add someone to your existing account at your nearest branch. You'll both need to go into a branch so that you can provide identification in person.