Advantage 50 Checking – Free Checking With Interest!
There are many advantages to getting older – and a TSB Advantage 50 Checking Account is one of them.
Created for customers aged 50 or older, an Advantage 50 Checking Account lets you earn interest without needing to maintain a minimum balance or pay a monthly maintenance fee.
Advantage 50 Checking comes with all our convenient online and mobile banking services that will help with managing your finances whether you’re still at work, traveling or enjoying retirement at home.
And with perks like free checks and a chip enabled TSB Debit Mastercard with card controls, it is easy to conduct your banking with the utmost security, and without unnecessary expense.
But best of all – your money will still be working for you, earning interest. That’s why the TSB Advantage 50 Checking is truly the best checking account for those aged 50 years or older.

Account Details
- Must be age 50 or older
- No monthly service charge
- No minimum balance
- Interest bearing account
- 24/7 Access
- Online Banking
- Mobile Banking App
- Mobile Check Deposit
- Bill Pay
- eStatements
- Chip enabled TSB Debit Mastercard®
- Debit Card Controls
- Customizable account alerts
- Overdraft Protection available
- Free standard checks
Advantage 50 Checking | |
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Minimum to Open | $100.00 |
Minimum Average Daily Balance | $5.00 |
APY | 0.050% |
Interest | 0.050% |
Description |
With age comes Advantage! If you’re aged 50 or older, Advantage 50 might be the best checking account for you:
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Account Features

Online Banking
An easy, convenient way to digitally manage your Torrington Savings Banks Accounts. Get balances, monitor make transfers, and more.

Overdraft Protection
Avoid costly fees by applying for an overdraft line of credit or by linking a deposit account for overdraft protection.

Online BillPay
Pay your bills online anytime from within your online banking account. Set up automatic payments, receive & view your bills electronically, and more.

Mobile Banking App
Combining security features like facial recognition and debit card controls; plus banking features like viewing balances, making transfers, depositing check, and more; it’s no wonder the TSB Mobile App gets two thumbs up.

Electronic Statements
Better for your security and better for the environment, TSB offers eStatements to help make sure you have all your account information at your finger tips and easily accessible.

Chip-Enabled Debit Card
Get secure, safe and convenient access to your checking account. It’s easy to manage with a TSB Chip-Enabled Debit MasterCard®

Mobile Deposit
You don’t have to come into the bank to deposit checks anymore. Our mobile app lets you deposit your check in a snap.

Telephone Banking
Our telephone banking system is smart, so your phone doesn’t have to be. Get 24/7 access to your account to obtain balances, review transaction history, transfer funds and make loan payments, just by calling 1.800.232.9581

Direct Deposit
There’s nothing better than when money just shows up in your account automatically. With direct deposit, TSB makes it easy to for you to receive payments directly into your checking or savings accounts.
Ways to Open
Explore Our Other Account Options
Advantage NOW Checking
A checking account that earns interest without maintenance fees when you maintain minimum balances.
Hometown Checking
Get all our online and mobile banking services, with no minimum balance or monthly service fees. With a TSB Hometown Checking Account, it’s that simple.
My Generation Checking
Young adults who want a checking account that combines no monthly maintenance fees with convenient banking services – we’ve got you!
Advantage 50 Checking Details:
$100.00 minimum opening deposit required. Requires one account owner to be age 50 or over. Your interest rate and annual percentage yield may change. Interest will be compounded daily and credited monthly. You must maintain a minimum balance of $5.00 each day to obtain the disclosed annual percentage yield. Click here to view current rates. Mobile Deposit available after account is open for 30 days.
Common Fee Schedule Consumer Terms & Conditions