Earn more than £200 with a TSB Classic Plus account and TSB credit card.
From today, TSB customers can earn even more with their market leading TSB Classic Plus account simply by using a TSB Mastercard credit card. People with a Classic Plus account and TSB credit card will now earn one per cent cashback on the first £500 of credit card spend every month. The new offer is in addition to all of the benefits the Classic Plus account already offers.
Over a year, Classic Plus account customers with a TSB credit card could earn more than £200 in credit interest and cashback
- £97.80 in credit interest.
- £60 in contactless cashback, and now a further,
- £60 in credit card cashback.
Andy Piggott, TSB Head of Cards said : "We know that people love the cashback they earn on their Classic Plus account and we wanted to give them more. We understand that when we work in partnership with our customers, everyone benefits. We believe our Plus account gives you more, the more you use it - it's what we call Plusness.
More than two years after launching the popular Classic Plus account, TSB customers continue to earn five percent interest on balances up to £2,000, equating to a maximum of £97.80 a year. And unlike other banks, TSB won't take the interest away after the first year.
Key features include:
- Five per cent AER variable interest on balances up to £2,000 PLUS,
- Five per cent cashback on the first £100 of contactless spend every month PLUS,
- No monthly fee.
Cashback Credit Card offer
The new one per cent cashback offer is available on TSB Mastercard credit cards including Platinum, Advance and Student credit cards. One per cent monthly cashback on up to £500 eligible spend until 30 September 2017. Customers must have a Classic Plus account to earn cashback.
TSB is committed to bringing great banking to people in Britain and helping them make their money work harder for them.
Notes to editors
Classic Plus Account
Account Interest: 5% AER/4.89% gross variable interest (paid monthly) on balances up to £2000. Pay in a minimum of £500 a month, register for Internet Banking, paperless statements and paperless correspondence.
Contactless cashback: 5% cashback (paid monthly) on your first £100 of contactless payments (inc. Apple Pay). Plus contactless debit card is subject to eligibility. Offer ends 31 Dec 2016 for existing customers, 30 Sept 2017 for accounts opened on/after 1 June 2016.
1% monthly cashback up to £500 eligible spend. Plus account and eligible credit card required. Excludes TSB Avios, Premier Avios, TrustCard, Visa & TSB business credit cards. Offer ends 30 Sept 2017.
Table shows maximum customers can earn over a year (new Plus Account customers).
|Plus. Based on a customer earning 5% AER/4.89% gross variable interest pre tax on £2,000 over 12 months.||£97.80|
|Contactless Cash back. Based on a customer spending £100 a month over 12 months on contactless purchases.||£60.00|
|TSB credit card cash back. Based on a customer spending £500 a month over 12 months on eligible purchases.||£60.00|
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 4.8 million customers, award winning mobile and digital banking, nationwide network of branches and 8,600 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