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Current account switch guarantee logo

Now you’ve got 3 great reasons to switch

  1. £100 bonus for switching your current account
  2. Double monthly cashback of £10 for 6 months
  3. Stay until January 2025 and choose a reward:

- a night away for two at a choice of hotels including Mercure
- 2 ODEON cinema tickets every month for 3 months
- NOW Entertainment Membership for 6 months

Open one of our Spend & Save accounts and start a full switch before the offer is withdrawn. Earn £10 a month for the first 6 months by making 20+ debit card payments each calendar month. Make 20+ debit card payments in Dec 2024 to choose a reward – additional T&Cs apply. Offer subject to withdrawal without notice. 18+ and UK resident only.

Compare our bank accounts

Spend & Save Plus

£3 Monthly maintaining the account fee

Earn £5 cashback every month

Tool Tip
  • Ongoing £5 cashback every calendar month, until you close the account, change to another TSB account or TSB withdraw the offer.
  • Cashback is earned when you make 20 transactions or more on your debit card each calendar month, including the month the account is opened.
  • You are eligible for Cashback on opening a new Spend & Save Plus account, or changing from an existing TSB account. 
  • See Cashback T&Cs.

When you make 20 debit card payments each calendar month

Put money aside in a Savings Pot

Tool Tip

Put money aside in up to 5 individual Savings Pots. Maximum balance of £5,000 per Pot and £25,000 per Spend & Save or Spend & Save Plus account.

Earn 2.89% Gross / 2.92% AER Variable

Arranged overdraft

Tool Tip

Arranged Overdraft subject to application and approval. Overdrafts are repayable on demand.

First £100 interest free. Subject to application and approval

App features to help you save

No TSB fee on debit card transactions worldwide

Tool Tip

No TSB charges for using your debit card abroad. The ATM operator or foreign bank may charge a fee for cash withdrawals. Sellers may also apply a currency conversion fee, if you make a payment by your debit card and they do the conversion.

My TSB Rewards

Discover great savings on treats like takeaways, holidays and cinema tickets plus essentials like MOTs

Spend & Save

No maintaining the account fee

Earn £5 cashback, up to first six months

Tool Tip

Earn £5 Cashback monthly for six months, including the month you open your account, when you make 20 debit card payments or more each calendar month. You are eligible for Cashback on opening a new Spend & Save account, or changing from an existing TSB account, excluding Classic. See Cashback T&Cs.

When you make 20 debit card payments each calendar month

Put money aside in a Savings Pot

Tool Tip

Put money aside in up to 5 individual Savings Pots. Maximum balance of £5,000 per Pot and £25,000 per Spend & Save or Spend & Save Plus account.

Earn 2.89% Gross / 2.92% AER Variable

Arranged overdraft

Tool Tip

Arranged Overdraft subject to application and approval. Overdrafts are repayble on demand.

Subject to application and approval

App features to help you save

My TSB Rewards

Discover great savings on treats like takeaways, holidays, and cinema tickets plus essentials like MOTs

Student

No maintaining the account fee

5% AER / 4.89% gross variable

Tool Tip

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

Interest on balances up to £500, paid monthly

Up to £1,500 overdraft

Tool Tip

Arranged Overdraft subject to application and approval. Overdraft are repayable on demand.

Interest free. Subject to application and approval

Student credit card option. Choose to apply

Graduate

No maintaining the account fee

Up to £2,000 overdraft

Tool Tip

Arranged Overdraft subject to application and approval. Overdraft are repayable on demand.

Interest free. Subject to application and approval

Under 19s

No maintaining the account fee

2.5% AER / 2.47% gross variable

Tool Tip

2.47% AER gross variable interest on balances up to £2,500. Paid monthly. Any money above £2,500 will earn 0.1% AER variable.

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

Interest on balances up to £2,500, paid monthly

Driving lessons discount

With the AA when you're 17. T&Cs apply

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Our basic bank account

The Cash account offers the essentials you need for everyday banking. It is an account for people who don't hold another UK bank account and don't qualify for our other current accounts.

You can make payments, withdraw cash and set up regular payments like Direct Debits and standing orders. However, you can’t apply for an overdraft or use a chequebook.

Introducing My TSB Rewards


Get offers from top brands like Vue, The Body Shop and lastminute.com plus essentials at Halfords, Vision Express, Whirlpool and more. T&Cs apply.
 

How do I switch to TSB?

We guarantee switching your bank account to us will only take seven working days.

It’s easy as 1-2-3.

Choose to switch to us when you apply, or any time after.

We will move all your incoming and outgoing payments into your new account.

In the unlikely event there are any hiccups, we'll refund any interest and charges on your old or new current accounts.

Credit card switching image

Any questions?

Using the Current Account Switch Service (CASS) online you can switch a current account from another provider to us. Not all banks are participants of CASS. You can check if your current provider is a CASS participant before applying to switch to us here.

If you want to switch from a provider who isn’t a CASS participant or want to switch a savings account, we can still organise the switch for you but it can take a little longer. Applications to do this are available in a TSB branch. We recommend you book an appointment before visiting the branch. Please call our Telephone Banking team on 0345 975 8758 to book an appointment. 

You can switch your joint Current Account from your old bank in to TSB providing that your new TSB Current Account is also a joint account. You can also switch your sole account into a joint account, however you can’t switch a joint account into a sole account.

We may be able to provide facilities to pay off any existing overdraft you may have, subject to our normal lending criteria. If you agree an overdraft limit with us it may not match that offered by your old bank. If you do not come to an agreement with us you will need to make separate arrangements to repay any balance owed with your old bank. 

Please be aware your old bank is entitled to use any funds it receives in settlement of the debt on your old account. 

Yes you can still use your old bank account up until day 6 of the switch. If you set up any new payment arrangements on your old bank during the switch these will not be transferred.

Your old bank will automatically close as part of the 7 day switching process. This ensures payments made to your old account can be redirected to your new account. If your old account is overdrawn or has pending transactions on the day the switch completes the account will stay open until the balance reaches zero. 

If you want to keep your old account open you will need to do a partial switch. This can only be done in a TSB branch and will take longer than 7 working days. We recommend you book an appointment before visiting the branch. Please call our Telephone Banking team on 0345 975 8758 to book an appointment.

To cancel the switch completely, you need to let your new bank know at least 7 working days before your switch date. After that, only certain elements can be cancelled depending how far through the process we are.

As part of the 7 day switch there is a redirection on your old bank account. This means credits to your old bank will be forwarded to your new bank within 24 hours. This includes debit card refunds however these can take a little longer. If you receive a credit after 3pm Friday, weekends or bank holidays these will be forwarded the next working day.


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Protected by FSCS

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TSB complaints

We share our complaints numbers twice a year at the request of our regulator, the Financial Conduct Authority (FCA), to help customers understand banks´ overall performance.


Need any help?

Chat with us

Use the TSB Mobile Banking App to get help with queries 24/7.

Give us a call

Lines open 8am - 8pm Monday to Sunday.

Visit us in branch

It’s easy for you to pop in and manage your finances.



Important information

TSB adheres to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk.

To read more about our lending commitments to you, please click here to read the leaflet.