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Lockdown weary Britons are readying themselves for a spending splurge on holidays, new cars and dream homes, new analysis by TSB suggests. The bank revealed its customers most popular named savings pots, providing an indication of what people are planning to indulge in as the UK emerges from its third - and to be hoped, final - lockdown. Households are thought to have tucked away £180 billion since the pandemic started and with the vaccination programme in full swing, it is expected that many will have both the means and appetite to embark on a spending spree. 43% of TSB s customers’ most popular savings goals include holidays. ....
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Attorneys on an existing accounts will not be eligible, the building society adds. It s only possible to hold one account in a person s name, unless they are acting as a trustee. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account, the website explains. If you are named as Main Holder on more than one Loyalty Regular Saver account (including accounts opened on a trustee basis), the most recent account opened will be transferred to the Six Access Saver. People who are eligible can open the account, with a minimum of £10, either in a branch or agency, or by requesting an application pack to be sent to them. ....
| UPDATED: 14:12, Thu, Feb 25, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. TSB is a popular name on Britain’s high streets, with millions using the provider each year for their banking needs. Back in September 2020, the bank took the decision to launch its ‘Spend and Save’ current account, offering a number of features intended to help people progress in their money saving journey. Taking the offering one step further, today the provider unveiled ‘Spend and Save Plus’ - a new account which it states is designed to help customers feel more money confident. ....