Representative Example: If you spend £1,200 at a purchase interest rate of 18.95% p.a. (variable) your representative rate will be 18.9% APR (variable). Credit limits and interest rates will vary based on your individual circumstances
Based on an assumed completion date of April 30, 2017, a mortgage of £149,000.00 payable over 21 years, initially on 1.58% fixed until 30/04/2019, followed by Chelsea's Standard Variable Rate currently 4.74% for the remaining 19 years, would require 24 monthly payments of £694.79 and 228 monthly payments of £910.51. The total amount payable would be £224,271.24 made up of the loan amount plus interest of £75,271.24. The overall cost for comparison is 4.2% APRC.
Exclusive £125 cashback for switching
TSB Classic Plus Account
Apply exclusively through MoneySuperMarket or MoneySavingExpert.com and receive £125 when you open your current account by February 27, 2017 and complete your switch before March 31, 2017. Conditions apply, see T&Cs
To receive the cashback pay in at least £500 into your new account within 28 days of the switch. Transfer all active credits and debits, which must include at least two active Direct Debits as part of your switch. Conditions apply, see T&Cs. To earn monthly interest pay in a minimum of £500 a month and register for Internet Banking, Paperless Statements, Paperless Correspondence and log in at least once every 12 months
The Classic Plus account is restricted to one account in your sole name, and one account in joint names. Conditions apply, see T&Cs
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