Spend & Save account

No monthly maintaining the account fee.

Spend & Save lets you feel confident that, as you’re spending, you’re saving that little bit extra too.

Open a Spend & Save account

On this page

Open a Spend & Save current account

Why is Spend & Save good for me?

Earn £5 cashback

For first six months

When you make 30 payments or more on your debit card each calendar month.

Learn more

Up to £2,000 overdraft

Worry less about unexpected bills. Subject to application and approval.

Learn more

Fraud refund guarantee

There’s only one bank in Britain that offers you a fraud refund guarantee. T&Cs apply.

Learn more

What does the app do?

Money Confidence tools

Put money aside

Set up individual Savings Pots and earn interest along the way.
Set yourself goals and track how your Savings Pots are growing.
Put money aside for things that really matter to you.

Learn more about Savings Pots

Money Confidence tools

Saving is easy

Activate Save the Pennies to round up every debit card payment to the nearest pound.
Pennies go straight into your Savings Pot or any other eligible TSB savings account.
Set this up easily on our mobile app, Internet Banking or in branch.

Learn more about Save the Pennies

Money Confidence tools

Stay on top of your balance

Set a minimum balance limit on your account. If your balance falls below that, we’ll automatically move money from your chosen Savings Pot to top it up.

Learn more about Auto Balancer

Earn 2% gross/AER interest fixed for a year

If you have a TSB current account, you can access our exclusive 2% gross/AER Monthly Saver rate and save between £25 and £125 every month. Interest is paid on maturity.

Learn more about Monthly Saver

How do I switch to TSB?

We guarantee switching your current 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.

Switch your bank account

Any more questions?

What can I do with the TSB Mobile Banking App? Press to expand/collapse

You can now:

Login using your fingerprint (if you have this feature on your phone)
Apply for an eSavings account
Apply for and manage your overdraft
Set up and manage your standing orders
Cancel your Direct Debits
Use our currency converter to work out how much buying foreign currency could cost you and how much you’ll pay to use your card abroad
Book an appointment with a mortgage advisor

This is all in addition to the usual stuff, like checking your balance and past transactions, making quick payments and transfers, and finding your nearest TSB branches.

How do I set up the features on my Spend & Save account? Press to expand/collapse

Spend & Save comes with many useful features to help you save. You can set these up in your mobile banking app. Follow the links below to find out more:

How much can I save in my Savings Pots? Press to expand/collapse

You can have up to five Savings Pots for each Spend & Save or Spend & Save Plus account – one for each of your savings goals.

There is a maximum balance of £5,000 per Savings Pot (£25,000 per Spend & Save or Spend & Save Plus account).

Visit our Savings Pots page to find out more information.

What do I have to do to earn cashback? Press to expand/collapse

With Spend & Save, you can earn £5 Cashback for the first six months, including the month you open your account. You just need to make 30 payments or more on your debit card each calendar month.

To find out more information on how to earn cashback on your Spend & Save, visit our cashback information page.

What is an arranged overdraft and how do I apply for one? Press to expand/collapse

An arranged overdraft is one that you arrange with us in advance.

To get an arranged overdraft, you must be aged 18 or over and apply online, in a branch or on the telephone. We then run a few affordability checks and, if approved, we let you how much you can borrow.

Once approved, your overdraft will appear on your account immediately for existing customers and in a few days for customers new to TSB.

Visit our overdraft page for more information.

Anything we missed? Find it here

Open a Spend & Save current account

What you need to apply

You must be 18 or over and a UK resident

Proof of ID documents:

Drivers licence (UK/EU/EAA)
UK passport, foreign passport and visa
EU and EEA National Identity Card

Proof of address documents:

Drivers licence
UK utility bill
Bank/building society statement
Council tax bill

Legal information

Ready to apply online?

Please make sure you have your documents ready. The application will take around 20 minutes.

You must be 18 or over and a UK resident to apply.

Apply now

Already a customer?

If you have a Classic Plus or Classic Enhance account, you can change to a Spend & Save account here.

Please be aware that Adobe are a separate data controller from TSB, and any personal data you provide will be sent to Adobe and processed in agreement with their terms and conditions of service. You may wish to read their Adobe Terms of Use and Consumer Disclosure before using the link above.

Apply in the app

10 minutes faster than applying online
Scan in your ID to save coming into branch
Sign up anywhere

You must be 18 or over and a UK resident to apply.

Or apply online

You must be 18 or over and a UK resident to apply.

Apply now