Yep 3% interest on balances up to £1500. That’s all I use them for, and through all of the tribulations of their IT upgrade, I had no issues whatsoever. I quite like the design of the app, as well.
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Went into tsb today and lady confirmed their cash account would suit me
Do you think its possible to open the account without a debit card as I wouldn’t need it because I use monzo for my spending
Also what’s their Internet banking like? Does it have a pin code generator or do you put your card into a card reader?
Just saw a video on YouTube and all you need is the account number and security password
Doesnt seem Very secure
I just saw somewhere that Marcus now has a variable rate of 1.45% AER.
That’s interesting is that just for new customers or old as well?
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If I go to review/renew my bonus rate, 0.10% is all I’m offered. So 1.35% + 0.10% making 1.45%.
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As the Internet banking isn’t secure I’ll probably go into the branch once a month to transfer spending money into my monzo. Or set up a standing order
Internet banking is secure. Part of it relies on your choice of information that you use to secure your account.
If fine to keep this info in a notebook in your house (if you feel it is safe to do so / you trust the people in your house) .
Banks are required to follow pretty strict rules around the security of their systems so you’ll find they all offer a similar level of security. It’s definitely not something you need to worry to much about.
You just need to keep your login information reasonably safe.
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I hate branches - most issues I’ve had were because of branches. What @Eden said is right - internet banking is secure (As long as your details for logins and authentication are secure)
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Out of curiosity, I think the bonus is rolling so I’m guessing tomorrow it would have
New bonus will expire on 04/09/2020
So is it a case of waiting till the day before the 1.5% ends and then accepting the bonus rate to get a second full year at 1.45 rather than 1.35?
You are more likely to be mugged going to and from the branch than losing money through internet banking.
Wheres all this fear coming from that it’s not secure and having a card reader?
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That’s my current plan, yes. Seems I should’ve extended my bonus rate of 1.5% when I had the chance previously!
Well for me its a lot of money and it took years to save so I want it secure
His point still stands - you’re more likely going to be mugged walking around with a high amount of money compared to doing internet banking with secure details
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There always Cynergy Bank offering 1.5% if the 0.05 counts for you.
I only use Marcus for emergency money so for me it’s worth three quid over a year 
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Agreed, 0.05 isn’t sufficient for me to switch. Thanks for the heads up though!
Suppose its an old article 
Unfortunately not, TSB is one of shit legacies, not just in terms of security and IT systems.
Go with Barclays/Metro/NatWest/Nationwide/First Direct (HSBC) If you really want a legacy bank that has modern(-ish) technology, decent(-ish) app and branch, that has a savings account.
However, in 2019 its totally pointless to have to physically visit a branch to pay money into a savings account, maybe 10 years ago yes. Just do a transfer online or setup a standing order to automatically transfer a set amount each month.
Here’s the latest independent review on other aspects btw. Monzo have said they will be included in the next report.
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We do have a nationwide here so that could be an option
Their simple “flex account” looks good
I used to have an account with them when I was unwell and ended up closing the account. Would I still be eligible to create a new one?
I remember now, I tried to open one last year and it was accepted but I had to go into the branch to complete the application
Now I’m well enough to go out I could get a nationwide
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They would be welcoming you with open arms, most banks have to bribe people to join them again.
FlexDirect with 5% interest looks the best to me atm.
https://www.nationwide.co.uk/products/current-accounts/flexdirect/features-and-benefits
Speaking of switching bribes, £100 each if you know someone else with one. That would be for CASS (switch away) from an existing account like Monzo, but you could always reopen a second. (No limit on how many accounts you can have)
https://www.nationwide.co.uk/products/current-accounts/our-current-accounts/recommend-a-friend-tab
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