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TSB 555 Deal

Hi everybody,

I created a new TSB account at the end of September to take advantage of the 5% interest and refund on contactless.

However now there is the 555 deal. I still have my old bank account at RBS, so if I do the switch now, will I be eligible for the £125?

Also, what is the best way to set up direct debits that meet the criteria?

Thanks
Save 12k in 2016 : #54 : £715.16 / £5,500

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bradlad9 wrote: »
    I created a new TSB account at the end of September


    if I do the switch now, will I be eligible for the £125?
    Since the very first eligibility condition states...
    1. This offer is available if you open a new TSB Classic Plus Account through MoneySupermarket or Money Saving Expert between the 9 October 2015 and 2 November 2015.


    http://www.tsb.co.uk/cashback-money-saving-expert/?WT.mc_id=1613487|122013894|294961544|0#Eligibility
    ...why would you think it was possible?
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Bradlad9 wrote: »
    Hi everybody,

    I created a new TSB account at the end of September to take advantage of the 5% interest and refund on contactless.

    However now there is the 555 deal. I still have my old bank account at RBS, so if I do the switch now, will I be eligible for the £125?

    Also, what is the best way to set up direct debits that meet the criteria?

    Thanks
    You'll have to open a new TSB account today. A second account if you can get it. A joint account maybe? You can close it once the switch is complete.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HappyMJ wrote: »
    You'll have to open a new TSB account today. A second account if you can get it. A joint account maybe? You can close it once the switch is complete.
    That's not going to work, on several points. See the offer T&Cs.
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