A thermoplastic molding composition comprises a resin composition having 50 to about 90 weight percent of a polyester, about 8 to about 48 weight percent of a polyetherimide, about 2 to about 25 weight percent of a high rubber graft impact modifier, each based on the total resin composition, and up to about 15 weight percent of a particulate filler. A method of making the composition comprises pre-melt compounding a polyester, a polyetherimide, and a high rubber graft impact modifier to form a pre-compounded blend, wherein the pre-compounded blend has a Tg of greater than or equal to about 110.degree. C.; and dry-blending a crystallized polyester with the pre-compounded blend to form the molding composition. Such molding compositions are particularly useful in blow-molding containers for liquids such as beer.