20 April 2015

Credit Card transfers are fee free with TSB

TSB has launched an exclusive credit card offer for people who have a TSB bank account. Helping people make more of their money, the bank is refunding the 1% balance transfer fee for customers taking out a new Platinum Purchase Credit Card.

Customers won't incur any cost on balances transferred from other credit card providers within the first 90 days of opening the Platinum Purchase Credit Card as TSB will refund the fee.

Rewarding both switchers and spenders, the deal also offers 0% interest on both purchases and balance transfers for up to 13 months so people can use the card however it best suits their needs.

Craig Bundell, Head of Credit Cards at TSB, said:

"This is yet another way TSB is bringing competition to British banking.  For people wanting to manage their credit card and bank account together, this is a great offer as it won't cost them to move their money."

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Notes to editors

Offer could be withdrawn at anytime.

TSB Platinum 13/13: Representative 17.9% APR (variable). Balance transfer fees will be refunded within 60 days of the balance transfer. Minimum balance transfer is £100 and subject to credit limit.

Acceptance is subject to status.  Credit limits and interest rates will vary depending on individual circumstances.

About TSB

TSB was created to bring more competition to British banking - to be a real challenger to the big banks and to deliver the kind of banking the people of Britain want. TSB only serves local customers and local businesses, to help fuel local economies, because communities thriving across Britain is a good thing for all of us.

We have a simple, straightforward and transparent banking model and make clear on our website how we operate and make money. We offer the products and services people tell us they want, with none of the funny stuff people normally associate with traditional banks.

Our 4.6 million customers, award winning mobile and digital banking, nationwide network of branches and 8,500 Partners mean we are big enough to make a difference, but small enough to be an agile challenger to the entire market.

For further information about TSB Bank plc, please visit our website www.tsb.co.uk .