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TSB: Monthly Saver reviews

Name: Monthly Saver
Rating: 4.61 (11 reviews)

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4.61

Based on 11 reviews, last reviewed 16th Apr 2026

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

73%

1 star

Latest highest rating:

5

TSB encourages very good savings habit through the M... TSB encourages very good savings habit through the Monthly Saver structure. Reviewed on: 16th April 2026

Latest lowest rating:

2

Extra security annoying. Although I loved the idea of a regular savings account at a great 5% interest rate. I got annoyed because I could not set up an auto-sweep function or... Read more Reviewed on: 15th June 2016

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TSB savings reviews can help you to find out more about life at TSB. How easy is it to contact TSB? And how friendly are they? Our TSB savings reviews can help you to find out information like this. Smart Money People is an independent source of honest reviews.

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TSB Monthly Saver reviews (11)

TSB encourages very good savings habit through the M...

TSB encourages very good savings habit through the Monthly Saver structure. Reviewed on: 16th April 2026

Does as it says on the tin

Had many accounts over the years and always been happy' Fair interest and good upport Reviewed on: 22nd January 2026

Great savings rate

Excellent interest rate now back at 5% and allows £250 per month to be paid in Reviewed on: 20th February 2023

Monthly Saver Over the Phone

Through the website I arranged a phone consultation with an advisor. Could not be more happy with the service I received, answered all my questions and helped me set up a monthly saver. Also was happy to take the time answering general financial questions not specific to this product. Reviewed on: 16th February 2022

Took a while to verify

The application process was alright. The actual rate I got changed during the process and I may not have selected it if I knew that up front. Reviewed on: 31st May 2017

No stress banking

Let me start by saying I'm not one of those people who join a bank and stay with that bank for life. I joined TSB 7 years ago and can honestly say I haven't been able to find a bank that offers a better deal for day to day banking. I have several products with TSB: a current account and several savings accounts and move my money around to help me budget. Reviewed on: 28th November 2016

Interest rate

My review is about the 5% interest for having £2000 in your account balance. I get this interest every month for putting in 750 a month which is easy to do as you can take it out again when you want. Reviewed on: 14th October 2016

Extra security annoying.

Although I loved the idea of a regular savings account at a great 5% interest rate. I got annoyed because I could not set up an auto-sweep function or transfer funds of different amounts without giving phone confirmation. It also fails to tell you it must be done before the 25th of each month, not the end of the month. Reviewed on: 15th June 2016

Easy to open but maybe too easy?

Since I already had an online TSB current account, when they launched a good interest rate monthly savings account I went online to open it. It was very easy to do, just a few clicks, but at the stage where I would have expected some kind of 'click here to confirm you want to open this account' message I just got a confirmation that it had been opened! Reviewed on: 24th December 2015

good rate

opened this last month when they incresed the rate to 5%. It was quick to open online and set up a standing order Reviewed on: 30th August 2015

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