📨 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!

TSB Classic Plus Current Account Switch Incentive - £100

Options
I couldn't find any threads on this so a heads up for anyone who is interested:

http://www.tsb.co.uk/cashback-money-supermarket/
£100 for switching - Open a Classic Plus account by 8 February 2016 and switch to us using the Current Account Switch Service before 4 March 2016. Pay in at least £500 into your new account within 28 days of the switch, transfer all active credits and debits which must include at least 2 Direct Debits as part of your switch.
I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
«134

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    To save previous TSB switchers the effort of checking T&Cs:
    You are not eligible for this offer if you have previously received an incentive or benefit for switching to TSB Bank plc using the Current Account Switch Service.

    http://www.tsb.co.uk/current-accounts/current-account-switcher-terms-conditions-jan-2016.pdf
  • imjayw
    imjayw Posts: 41 Forumite
    I created a TSB current account sometime in Dec 15. I also created a couple bank accounts purely for switching purposes. If I use one of these accounts to switch to TSB, then set up 2 direct debits - would I still get the incentive? Or do I have to set up the direct debits before the switch?
  • zolablue25
    zolablue25 Posts: 1,652 Forumite
    Damn! My wife and I set up an account each over the weekend! Been putting it off for months - should have put it off a further week. Mind you, I don't think I have any accounts with DDs going spare anyway.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    imjayw wrote: »
    I created a TSB current account sometime in Dec 15. I also created a couple bank accounts purely for switching purposes. If I use one of these accounts to switch to TSB, then set up 2 direct debits - would I still get the incentive? Or do I have to set up the direct debits before the switch?

    I doubt you would get the incentive unless you comply with the T&Cs. Using an account that was opened before the offer began would automatically disqualify you. Perhaps you can close the account and start again?
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    zolablue25 wrote: »
    Damn! My wife and I set up an account each over the weekend! Been putting it off for months - should have put it off a further week. Mind you, I don't think I have any accounts with DDs going spare anyway.

    Same for you - can you close the accounts and start again?

    Getting some extra DDs should be child's play.
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    imjayw wrote: »
    I created a TSB current account sometime in Dec 15. I also created a couple bank accounts purely for switching purposes. If I use one of these accounts to switch to TSB, then set up 2 direct debits - would I still get the incentive? Or do I have to set up the direct debits before the switch?

    It only applies to new classic plus accounts opened from 11 Jan to 8 February.

    Is the TSB account you refer to a classic plus - if it is then you won't be eligible unless you close that and open a new one. But there is a risk they might reject you if you do that and you lose access to what is arguably the best high interest current account in the market.

    If its another TSB current account you have open then yes you would be eligible if you open a classic plus using the link by 8 Feb and complete the switch.

    I note it says open not apply - so I wouldn't delay any application in case your application is referred or you need to go into a branch to provide ID.
  • tmsbry
    tmsbry Posts: 39 Forumite
    Seventh Anniversary 10 Posts Name Dropper Combo Breaker
    I'd like to open a TSB account, but I have no spare donor acounts to switch, I've recently just switched to Halifax, I might go in branch & see if Halifax will let me open another basic current account I could use to switch
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    tmsbry wrote: »
    I'd like to open a TSB account, but I have no spare donor acounts to switch, I've recently just switched to Halifax, I might go in branch & see if Halifax will let me open another basic current account I could use to switch
    You're sat in front of an internet device. Why not apply online for one now? ;)
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    One more to add to the ever growing list... Thanks for the heads up!
  • ceredigion
    ceredigion Posts: 3,709 Forumite
    Eighth Anniversary 1,000 Posts Photogenic
    water, water everywhere, / nor any drop to drink
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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K 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.