eSavings Terms and Conditions

Our agreement with you is made up of general conditions (contained in  Personal Banking terms and conditions (PDF, 3.29MB) leaflet) and additional conditions. These include the conditions below and the Banking Charges guide. If there is any overlap or conflict between the additional conditions and the Personal Banking terms and conditions, the additional conditions apply.

The eSavings Account is an internet based instant access savings account with variable interest rates available when you have a current account with us.

1.1 To have the Account you must be 16 or over, and have a Current Account with us.

1.2 You can only open the Account through Internet Banking and you can only have one Account in either your sole name or held jointly.

1.3 If you are no longer entitled to the Account we will make arrangements with you to close your Account and transfer your balance to another Account in our Savings range.

2.1 You can pay money into the Account in branch, or by transferring money from another account with us or another bank.

2.2 You can only make payments from this account using Telephone Banking or Internet Banking and the payment must be to a TSB Current or Savings Account in your name (in the case of a joint account, in any of your names). You cannot set up Standing Orders on the Account to make these payments.

3.1 The Account interest rates are variable.

3.2 You will find our current interest rates for the account in our UK branches, online at or by phoning us on 03459 758 758.

3.3 We will pay interest once a year on the anniversary of opening the Account.

3.4 You can ask us to pay interest into a different account with us.

4.1 If you are not happy with your choice of account or service, you can cancel it within 30 days of opening the account or taking the service. We will then help you to move to another account we offer or will return your money to you with any interest you have earned.



Bank over the phone 24/7 using our automated service - call 03459 758 758.

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