TSB savings accounts
TSB offers a broad range of savings accounts with interest rates up to 6%.
![TSB TSB](https://www.finder.com/niche-builder/5d49301f2b373.png)
TSB is one of the oldest and biggest names in British banking. With 220 branches across the UK, as well as UK-based call centres, TSB may be a good option for those who like a face-to-face relationship with their bank.
TSB's top savings rate of 6% is available on its regular savings account.
The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts TSB offers, plus the highest interest rate currently available.
Savings account types include | Easy access, cash ISAs, fixed-rate bonds, regular savers, business |
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Best easy access rate | 3.75% |
Best cash ISA rate | 4.5% |
Best fixed-rate bond rate | 4.6% |
Best regular saver rate | 6% |
Best business savings account rate | 4.5% |
Fixed bond terms | 1 year - 3 years |
Opening options | Branch, website, mobile app, telephone |
FSCS protection |
Didn’t find the account type you were looking for? Check our other guides:
Opening a TSB savings account depends on the type. Fixed bonds, ISAs and instant access accounts can be opened online or in a branch. A Monthly Saver is available to existing TSB current account customers and can be opened online or in-branch.
Depending on the account, you have the option to manage them online, in a branch, over the phone or in the TSB app.
Firstly, you need to decide what you’re looking for in a savings account. How often are you planning to draw out money? How much money can you afford to save each month?
You need to work out what you need before comparing the different offers available for certain types of savings accounts. Once you’ve done that, it’s useful to look at:
Should anything go wrong, all eligible deposits with TSB up to a total of £85,000 per person are guaranteed by the British government. This is what’s known as the Financial Services Compensation Scheme (FSCS), and is the same scheme that protects customers of most of, if not all, the major banks and building societies in the UK.
Email support | |
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Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
Whether you’re looking to save little and often or in big chunks, for yourself or for a child, TSB should have a savings account to suit. Just to be sure, though, check out our other savings reviews first to see how TSB savings accounts weigh up against the competition in terms of benefits, rates and fees.
TSB’s entry into the low-APR credit card fray has one major catch: no ongoing interest-free grace period.
Kick-start a positive credit history while benefiting from 0% interest on purchases.
TSB’s dual-purpose card lets you spread the cost of your purchases interest-free and enjoy 0% on balance transfers.
Kick start a positive credit record and handle fluctuating costs with TSB’s student credit card.
Everything you need to know about the TSB Platinum Balance Transfer Credit Card. Fast and simple overview of rates, fees, credit limits and eligibility requirements. Compare this card against similar products from a range of lenders.
What is your best regular saver and interest rate? Do I have to be an account holder?
Hi David,
Thank you for getting in touch with Finder.
Please visit TSB’s official page to learn more on their savings accounts as well as their rates and once you have chosen a savings account that would suit your needs, you may apply online. Please contact them directly if you need further assistance on opening an account with them. Please make sure that you’ve read the relevant T&Cs or PDS of this account to help consider whether the product is right for you.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
What is the best rate for savings with an online account investing £1500 a month in pensions?
Hi John,
Thank you for getting in touch with Finder.
Kindly contact TSB directly on this matter since their bank representative will provide you a more accurate info on rates and type of savings account that will suit your needs most. You may also visit one of their branches in Titonka, Forest City or Thompson. Their offices are open from 8:30am – 4:30pm, Monday – Thursday and 8:30am – 5:00pm on Friday.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni