New bank’s website ready to go live

Almost five million Lloyds customers who are being switched to TSB will get a further glimpse of their new bank this week when its website goes live.

The new TSB bank will appear on the high street from September 9 when Lloyds offloads 631 branches and eight million accounts to meet European competition rules.

Under a £30m rebranding campaign, the bank’s new website –tsb.co.uk – will be up and running from Friday. TSB will offer the same products as Lloyds initially, with new deals expected later.

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Customers will be able to use their existing passwords on the website but will not be able to log in until September 8, the day before the new TSB banks open their doors.

These customers were initially expecting to be transferred to the Co-operative Bank, but the deal collapsed earlier this year and Lloyds now plans to float the TSB business in mid 2014. Consumers who are unhappy about making the move can have requests to stay with Lloyds granted

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