TSB Bank plc

Financial Ombudsman decision DRN4430938 Upheld

Upheldoutcome, as published by the Ombudsman

£50redress stated in the decision

Mon Feb 25deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Interest and rates, Complaint handling

In the Ombudsman’s words

Mrs S complains that TSB Bank plc incorrectly calculated the interest period on her cash ISA.Interest and rates

I think it is reasonable to award £50 for TSB’s initially poor handling of Mrs S’s complaint.Complaint handling

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4430938.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.