TSB has a complex history. Having been founded as Trustee Savings Bank in 1810, it merged with Lloyds Bank in 1995 to become Lloyds TSB in 1999. In 2009, Lloyds TSB Group bought HBOS and became Lloyds Banking Group.<\/p>
In 2013, TSB Bank began operating as a separate business within Lloyds Banking Group and 2 years later, TSB was bought by the Spanish banking group Sabadell. TSB currently offers a range of financial products including current accounts.<\/p>
The TSB Spend & Save Plus account operates in the same way as a standard current account, but also offers a \u00a3100 interest-free overdraft, the opportunity to earn cashback and a number of features to help you save money. In return, you\u2019ll need to pay \u00a33 per month<\/p>
You can open the account individually or jointly and it comes with a Visa debit card.<\/p>
The TSB Spend & Save Plus current account offers the following key features:<\/p>
You can apply for the TSB Spend & Save Plus account if you\u2019re at least 18 years old and a UK resident. Providing you\u2019re happy to pay \u00a33 per month for the account, it can be a good option for those after a small interest-free overdraft, those who regularly travel abroad or those who need a little help building up their savings.<\/p>
As well as offering a \u00a3100 interest-free overdraft for those who dip into the red, the TSB Spend & Save Plus current account also offers a helping hand for those looking to save, including \u00a35 cashback each month. It could also be a good option for those who like to travel, thanks to its lack of fees abroad.<\/p>