MSE News: TSB current account customer? You can now earn even more cashback

Archi_Bald

Meanwhile, a journalist from The Independent announced yesterday that TSB have a new current account that pays 5% interest. :doh: :doh: :doh:

http://www.independent.co.uk/money/spend-save/tsbs-new-current-account-pays-5-interest--but-loyal-customers-rates-are-being-slashed-10487550.html

patientperson

Archi_Bald wrote: »

Meanwhile, a journalist from The Independent announced yesterday that TSB have a new current account that pays 5% interest. :doh: :doh: :doh:

http://www.independent.co.uk/money/spend-save/tsbs-new-current-account-pays-5-interest--but-loyal-customers-rates-are-being-slashed-10487550.html

This is the full story from TSB website.

http://www.tsb.co.uk/news-releases/tsb-launches-555/

colsten

patientperson wrote: »

This is the full story from TSB website.

Posted here 2 says ago http://forums.moneysavingexpert.com/showpost.php?p=69101031&postcount=60

T&Cs still missing but hopefully we will see them tomorrow sometime.

The-Truth

reclusive46 wrote: »

The parent company Walmart seem to have something against the technology as they have turned it off in the US as well.

No it;'s not. I've paid in a USA Walmart with contactless many times. In Fact in most of them the cashiers actively encouraged me to pay that way.

Zanderman

Well, some details are now on the TSB site.

Summary here: http://www.tsb.co.uk/plusness/?WT.ac=A00097#contactless

T&C here: http://www.tsb.co.uk/plussest/555-cashback-terms-and-conditions.pdf

Edited to add: And T&C doc now has the T&C in it! (it was blank earlier this morning)

Harveys_2

T&Cs now on.

Cash back for each account :beer:

eskbanker

Ts & Cs now populated in that PDF:

1. Eligibility
1.1 You must hold a TSB Classic Plus account.
1.2 You must be eligible for a Classic Plus contactless debit card, or have registered your Classic Plus debit card for
Apple PayTM (when available).
1.3 You must be registered for Internet Banking.
2. Cashback
2.1 5% cashback is available on the first £100 you spend on qualifying purchases each calendar month.
2.2 If you hold more than one Classic Plus account (for example, a Classic Plus account in your own name and
an account in joint names), you can earn cashback on the first £100 of qualifying purchases you make from
each account.
2.3 Cashback on your qualifying purchases will be paid during the next calendar month (for qualifying purchases
made in September 2015, cashback will be paid in October 2015).
2.4 Your Classic Plus account must be open at the time cashback is paid.
3. Qualifying purchases
3.1 Cashback is only available on contactless purchases or purchases made using Apple PayTM (when available) from
your Classic Plus account.
4. Timings and ending the offer
4.1 Cashback will be paid on qualifying purchases made up to and including 31 December 2016, unless we tell
you!otherwise.

Kim_13

I want contactless (And I never thought I'd be saying that!)

knack92

Hopefully their support of Apple Pay is imminent.

cfp28342

Well now there is some certainty about what is being offered the cashback will likely change some of my spending habits.

We get our shopping delivered by Tesco (although the nearest store is about half an hour away) and visit the local Co-Op now and then. When I get to the Co-Op there is usually quite a lot of reduced stuff that we have found to be of very good quality. We have discussed using the Co-Op more frequently for this, and the Co-Op cashback will probably nudge us towards spending more at Co-Op and less at Tesco.

Also, we normally use about £50 to £60 in petrol per month but this could easily be split to get under the contactless threshold.