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 over 550 branches in the UK. And thanks to your Visa debit card, you can access cash machines worldwide, too
Control - for £10 a month, a service that helps you avoid overdraft fees and keep a limit on your spending
Choose to switch your banking to us in just 7 working days
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 our Classic account, you can benefit from a £35 interest and fee-free arranged 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
Interest charged monthly
1.52% per month
You have a current account and an arranged overdraft limit of £1,200
The first £35 of the overdraft is interest and fee free
If you use an Arranged overdraft limit of £1,200 on our Classic Account the overdraft interest rate we charge on the first £35 will be 0% EAR* variable and a Monthly Overdraft Usage Fee will not apply. The overdraft interest rate on the next £1,165 will be 19.84% EAR* variable and a Monthly Overdraft Usage Fee of £6 will apply.
* EAR is the Equivalent Annual Rate. This is the actual annual rate of an overdraft. It doesn't take into account other fees and charges.
These interest rates are correct as at 01/02/2017. Interest rates are variable.
If you try to make a payment and you don’t have enough money in your account (including your Arranged Overdraft if you have one), we’ll treat this as a request for an Unarranged Overdraft. If it’s authorised and you use £10 or less, you won’t be charged fees or interest on the amount you’ve borrowed. If you use more than £10 you’ll get charged interest and fees on the full amount.
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 unarranged 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)
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 withdrawals, use cash machines or apply for an overdraft 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.