We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSE News: Earn 5% interest and a free £100 on top

Options
There's never been a better time to switch bank - the 10 need-to-knows ...
Read the full story:

'Earn 5% interest and a free £100 on top'

OfficialStamp.gif


Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«13456

Comments

  • Hello,

    I read this new £100 switch incentive on the weekly email by Martin Lewis.

    I have scrutinised the terms and conditions of the offer - eligibility part.

    It does not say that the offer is only eligible to new customers.

    However, I believe I have the maximum number of accounts that an individual can have (2 accounts before a certain date last year). So if i were to switch from another bank account to TSB using this offer, will it be successful ? ie i will have 3 accounts !

    Could MSE check this with TSB since this deal is exclusive for MSE & MoneySupermarket please ?

    Thank you.
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    http://www.tsb.co.uk/legal/special-offer-mse-msm-terms-and-conditions.pdf

    it does say max. of 1 single/joint, so I it would seem not.

    What does it mean by having to go 'through' MSE/MS ? I assume you have to go onto eg. MSE and click the link.

    I already have > the max. a/cs so I am stu**ed, but as for others - fill ya boots !
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    musneb wrote: »
    Hello,

    I read this new £100 switch incentive on the weekly email by Martin Lewis.

    I have scrutinised the terms and conditions of the offer - eligibility part.

    It does not say that the offer is only eligible to new customers.

    However, I believe I have the maximum number of accounts that an individual can have (2 accounts before a certain date last year). So if i were to switch from another bank account to TSB using this offer, will it be successful ? ie i will have 3 accounts !

    Could MSE check this with TSB since this deal is exclusive for MSE & MoneySupermarket please ?

    Thank you.

    If you try applying for another Classic Plus account through the link it will throw up an error message after it checks the application saying the account can't be opened (the reason is the you've reached the max number of accounts of that type).
  • Hi there, our money team is looking into this so as soon as we have confirmation, I'll let you all know.

    Kind regards, MSE Paloma
  • It also says need two direct debits for the £100
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MSE_Paloma wrote: »
    Hi there, our money team is looking into this so as soon as we have confirmation, I'll let you all know.

    Kind regards, MSE Paloma

    Can you ask TSB please for a MSE special 100.00 switch offer for existing customers who are currently only using 1/2, TSB accounts for 5% rate whom would like to switch accounts and add 2 direct debits but wont do it without an incentive. :D
  • Hi there,

    TSB has confirmed that a maximum of two accounts can be opened, so existing customers can apply if they have one account. However, customers would still need to fulfill the switching criteria.

    Many thanks, MSE Paloma
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MSE_Paloma wrote: »
    Hi there,

    TSB has confirmed that a maximum of two accounts can be opened, so existing customers can apply if they have one account. However, customers would still need to fulfill the switching criteria.

    Many thanks, MSE Paloma

    However the second account must be joint (which doesn't fulfill the terms of this offer).
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    MSE_Paloma wrote: »
    Hi there,

    TSB has confirmed that a maximum of two accounts can be opened, so existing customers can apply if they have one account. However, customers would still need to fulfill the switching criteria.

    Many thanks, MSE Paloma
    Two accounts per customer = 2 incentives?
    I Hate Jobsworths!!!
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    fuzzgun19 wrote: »
    Two accounts per customer = 2 incentives?

    That post is wrong on 2 counts.

    It's one sole account and the terms of the offer say one incentive per customer.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.