TSB is a UK-based retail and commercial bank. It is a subsidiary of the Sabadell Group. The TSB we know today came to be in 2013, formed from Lloyds TSB Scotland PLC and Cheltenham & Gloucester. It is headquartered in Edinburgh and has more than 550 branches and 4.5 million customers in England, Scotland and Wales. The bank has no presence in Northern Ireland.

Reviews Rating
50%
Review Score
This figure is an average of the reviews score, taken from customer reviews and the overall rating of the bank.
53%
BankRank® Score
This figure is the average of the bank’s total sentiment score and the review scores.
Disclaimer
While we are independent, we might receive commission if you choose to click on certain links on our website.
CompareBanks
CompareBanks Expert
CompareBanks
Hello! We're CompareBanks and helping the UK to compare banks is our main mission. We're here to help whenever you're on the search for a new bank. Compare the market with in-depth and impartial reviews. Read opinions on bank accounts from people just like you. Not only do we compare banks, we also let you review and rate them to help others with your bank experiences. You can trust us to get you on the right track with the best bank for you.
Read More

Overview

First Glance

TSB is a UK-based retail and commercial bank. It is a subsidiary of the Sabadell Group. The TSB we know today came to be in 2013, formed from Lloyds TSB Scotland PLC and Cheltenham & Gloucester. It is headquartered in Edinburgh and has more than 550 branches and 4.5 million customers in England, Scotland and Wales. The bank has no presence in Northern Ireland.

Features

Contact Info

Address
Henry Duncan House, 120 George St, Edinburgh EH2 4LH, UK
Phone
03459 758 758

About TSB

TSB is a UK-based retail and commercial bank. It is a subsidiary of the Sabadell Group. The TSB we know today came to be in 2013, formed from Lloyds TSB Scotland PLC and Cheltenham & Gloucester. It is headquartered in Edinburgh and has more than 550 branches and 4.5 million customers in England, Scotland and Wales. The bank has no presence in Northern Ireland.

The bank originally known as Trustee Savings Bank was renamed in 1995 after being taken over by Lloyds and becoming part of the new Lloyds TSB. TSB was divested from Lloyds Banking Group in 2009 after the European Commission ruled that the British government’s stake in the company constituted state aid. The company was re-registered as TSB Bank in 2013, and TSB ceased to be part of the Lloyds Group in 2014. Sabadell took over the bank in 2015.

TSB Products and Services

TSB offers a full portfolio of personal banking, business banking and financial services products. Personal banking customers can choose from services including credit products, current accounts, loans, mortgages and savings accounts.

TSB has several account options for business customers, dependent on the type of business; choose from a start-up account (with 18 months free everyday banking), a standard business account, school account or charity account. Customers who switch their current business account to TSB also receive 18 months free.

Business banking customers can also receive advice and discounts about growing their business online from TSB partners Enterprise Nation.

TSB is planning to launch a new business banking service in the near future.

Debit cards are currently offered by VISA, but will soon switch to the MasterCard Debit Mastercard.

TSB's Security

TSB is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).

TSB Bank Contact Details

Henry Duncan House
120 George Street
Edinburgh
EH2 4LH

Telephone: 03459 758 758

Email: [email protected]

Have a question about TSB Bank?

Find answers in Q&As and ask your question

No questions yet. Be the first to ask one!

TSB Bank Reviews

No reviews yet. Be the first to write one