When you switch your current account, you could get a £100 bonus, up to £60 in cashback, plus a reward for staying until January 2025.
What’s in the switcher offer?
Step 1
£100 switcher bonus
- Submit a full switch request when you open an account with us
- Log into the TSB Mobile Banking App
- Make a minimum of 5 payments using the debit card on your new account
- If you do that before 5 July 2024, we’ll pay your £100 bonus between 17 July and 31 July 2024
Step 2
Up to £60 cashback
- To qualify for cashback, make at least 20 debit card payments each calendar month
- If you’ve switched and met the criteria in Step 1, we’ll double your cashback to £10 a month for the first 6 months
Step 3
Choose 1 of 3 great rewards:
Complete Step 1 and make 20 debit card payments in December to choose your reward in January 2025:
- A night away for two at a choice of hotels including Mercure
- 2 Odeon cinema tickets each month for 3 months (6 tickets in total)
- NOW Entertainment Membership for 6 months
Select the account that is right for you
Spend & Save
No maintaining the account fee
Earn £5 cashback, up to first six months
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
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
Up to £2000 overdraft
Arranged Overdraft subject to application and approval. Overdrafts are repayble on demand.
Subject to application and approval
Spend & Save Plus
£3 Monthly maintaining the account fee
Earn £5 cashback every month
- 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
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
Up to £2000 overdraft
Arranged Overdraft subject to application and approval. Overdrafts are repayable on demand.
First £100 interest free. Subject to application and approval
No TSB fee on debit card transactions worldwide
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.
Switching to TSB
- We will move all your incoming and outgoing payments into your new account.
- We guarantee switching your current account to us will only take 7 working days.
- In the unlikely event there are any hiccups, we’ll refund any interest and charges on your old or new current accounts.
