Important Information
£100 Current Account Switcher offer terms and conditions
How to apply
- This offer is available if you open a new TSB Classic Plus Account through MoneySupermarket or Money Saving Expert between 31 October and 11 December 2016. You must then complete a full switch of your current account using the Current Account Switch Service by 30 December 2016. TSB have the right to
withdraw, alter or replace the offer at any time.
- To receive the £100 payment, you must allow cookies in your browser before starting an application for a Classic Plus Account.
- This offer is not available through our branches, over the telephone, directly through tsb.co.uk or through mobile banking.
Eligibility
- To qualify for the offer you must:
a. Open a new Classic Plus account by 11 December 2016 and have completed your switch to TSB using the Current Account Switch Service by 30 December 2016
b. As part of the switch, transfer all active credits and debits which must include a minimum of 2 active Direct Debits from your old account and close it.
c. Pay at least £500 into your new TSB account within 28 days of the switch completing.
d. Have a minimum of 2 active Direct Debits still registered on your new Classic Plus account at least 28 days after the switch completes.
- Account opening is subject to our assessment of your circumstances. You must be 18 or over and a UK resident to apply.
- You can only benefit from this offer once.
- The Classic Plus account is restricted to one account in your sole name and another Plus account in joint names.
- You cannot switch your joint account to TSB under this offer.
- This offer is not available to employees of TSB Bank plc.
- You are not eligible for this offer if you have previously received an incentive or benefit for switching to TSB Bank plc using the Current Account Switch Service.
- Switches completed after the 30 December 2016 will not be eligible to receive the £100 payment.
Payment
-
Payment will be made to your new TSB bank account 28 days after the switch has completed (or the next working day if this is a bank holiday) as long as you have complied with the conditions of the offer.
If you experience any issues in receiving your incentive payment or feel that you have satisfied all conditions yet not been paid, please call us on 0345 835 7838 (Lines are open 8am to 8pm Mon-Fri, 8am-4pm at weekends).
Classic Plus account
5% AER/4.89% gross variable interest paid on balances up to £2,000. No interest is paid on balances above £2,000. Interest paid monthly. Pay in min £500/month, register for Internet Banking, Paperless Statements and Paperless Correspondence.
The Classic Plus credit interest rate will reduce on 4 January 2017. The current interest rate is 5% AER/4.89% gross variable paid on balances up to £2,000. From 4 January 2017, the interest rate will change to 3% AER/2.96% gross variable paid on balances up to £1,500.
Contactless debit card subject to eligibility. Cashback paid monthly and ends 30 September 2017. You must be registered for Internet Banking.
Terms and Conditions apply.
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 Telephoen 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 under registration number 191240.
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 must be 18 or over and a UK resident
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross rate is the contractual rate of interest payable before the deduction of income tax.
