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  • Get £100 cashback and 5% AER interest on balanced up to £2,000


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  • To receive £100, open a Classic Plus account and switch to TSB using the Current Account Switch Service by 1 September 2015. Pay in at least £500 to your new account within 30 days of the switch completing and register a minimum of 3 active Direct Debits. 

    Read eligibility and see terms and conditions before applying.

    Apply online now

  • What you get

    • £100 cashback when you open a Classic Plus account by 31 July 2015 and then switch to us before 1 September 2015
    • 5% AER/4.89% gross variable interest paid monthly on balances up to £2,000
    • No monthly fees
    • Optional fee free £25 planned overdraft available (subject to application and approval)
    • Access your account online, via mobile banking, telephone banking, or in branch
    • Contactless Visa debit card (subject to status)

    You must be 18 or over and a UK resident to apply. The Classic Plus account is restricted to one account in your sole name, and another Plus account in joint names.

    Terms and Conditions

  • Offer eligibility

    • To qualify for the offer and receive the £100 cashback you must:
      - Open a Classic Plus account by 31 July 2015 and switch to TSB using the Current Account Switch Service by 1 September 2015
      - Transfer all active credits and debits from your old account and close it
      - Pay at least £500 into your new TSB account within 30 days of the switch completing and register a minimum of 3 active Direct Debits
    • You can only benefit from this offer once
    • You cannot switch your joint account to TSB under this offer
    • The offer is not available to employees of TSB Bank plc




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    TSB has been awarded a 5 Star Rating for its Classic Plus Current Account.

  • Switch Guarantee

    Switching to us is easy

    Switching your current account to us will only take 7 working days. This excludes weekends and bank holidays. Choose to switch to us on a date that suits you as long as the switch is complete by 31 March 2017.

     

    How switching works

  • £100 Current Account Switcher offer terms and conditions

    How to apply

    1. This offer is available if you open a new TSB Classic Plus Account through MoneySupermarket or Money Saving Expert between the 1 July and 30 August 2015. TSB have the right to withdraw, alter or replace the offer at any time.
    2. This offer is not available through our branches, over the telephone or directly through TSB.co.uk or through mobile banking. 

    Eligibility

    1. To qualify for the offer you must:
    • Open a new Classic Plus account by 30 August 2015 and switch to TSB using the Current Account Switch Service by the 30 September 2015
    • Transfer all active credits and debits from your old account and close it
    • Pay at least £500 into your new TSB account within 30 days of the switch completing and register a minimum of 3 active Direct Debits
    1. Account opening is subject to our assessment of your circumstances. You must be 18 or over and a UK resident to apply.
    2. You can only benefit from this offer once.
    3. The Classic Plus account is restricted to one account in your sole name and another Plus account in joint names.
    4. This offer is not available to employees of TSB Bank plc. 

    Payment

    1. Payment will be made to your new TSB bank account 30 days after the switch has completed and you have complied with the conditions of the offer. 

      If you experience any issues receiving your payment or feel that you have satisfied all conditions but not been paid, please call us on 0345 835 7838 (Lines are open 8am to 8pm Mon-Fri, 8am-4pm at weekends).

    If you have a hearing or speech impairment you can contact us using Text Relay (previously Typetalk) or Textphone on 0345 835 3843 (lines are open 24 hours a day, seven days a week).

    If you need to call us from abroad, or prefer not to use our 0345 number, you can also call us on 0203 284 1575.
    Calls may be monitored or recorded.
    Not all Telephone Banking Services are available 24 hours a day, seven days a week. Please speak to an adviser for more information.

    TSB Bank plc. Registered Office: Henry Duncan House, 120 George Street, Edinburgh, EH2 4LH. registered in Scotland No. SC95237. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 191240.

    We subscribe to the Lending Code copies of which can be obtained from www.lendingstandardsboard.org.uk.
    TSB Bank plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service.

    We reserve the right to withdraw this offer at any time. Account opening is subject to our assessment of your circumstances. 

    You can receive your interest paid gross if you are a non-tax payer and have completed an HMRC R85 form.

    Rates

    Balance£1 - £2,000£2,000+
    Variable interest paid
    monthly AER
    5.00%0.00%
    Variable interest paid
    monthly Gross
    4.89%0.00%
    Variable interest paid
    monthly Net Rate
    3.91%0.00%

    These rates are correct as at 30/03/2015.

    AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.

    Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

    Net Rate is the rate of interest which would be payable after allowing for the deduction of income tax at the rate specified by law.