Already have TSB Current acc - Can I still switch and get £100?

imjayw

I have had a TSB Current account for almost a year now; have not switched yet.
Would I be able to get the £100 switch bonus, or is that for new customers only?


Would I have to create a new tsb current account and switch to that new one in order to be eligible?

Zanderman

Have you checked the T&C? Available on the offer page (available via the link on MSE main site here: http://www.moneysavingexpert.com/banking/compare-best-bank-accounts#tsbswitch

These imply you need to open a new Classic Plus account. And you're only allowed one Classic Plus, so if the account you have is one of those you may already be ineligible

The eligibility wording says:

To qualify for the offer you must:
a. Open a new Classic Plus account by 11 December 2016 and have completed your switch to TSB using the Current Account Switch Service by 30 December 2016
b. As part of the switch, transfer all active credits and debits which must include a minimum of 2 active Direct Debits from your old account and close it.
c. Pay at least £500 into your new TSB account within 28 days of the switch completing.
d. Have a minimum of 2 active Direct Debits still registered on your new Classic Plus account at least 28 days after the switch completes.

Account opening is subject to our assessment of your circumstances. You must be 18 or over and a UK resident to apply.
You can only benefit from this offer once.
The Classic Plus account is restricted to one account in your sole name and another Plus account in joint names.
You cannot switch your joint account to TSB under this offer.
This offer is not available to employees of TSB Bank plc.
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.
Switches completed after the 30 December 2016 will not be eligible to receive the £100 payment.

Anthorn

Yes you have to open a new account and switch to it and you can only get the incentive if you haven't received the incentive before.

Complete your switch to TSB using the Current Account Switch Service by 30 December 2016 – this will take 7 working days

You can only benefit from this offer once

http://www.tsb.co.uk/cashback-money-saving-expert/?WT.mc_id=1613487%7C140008983%7C312256279%7C0

Just going by the wording it looks like you will be able to close your account and open a new one and switch to it if you can do it by December 30th and it's accepted by TSB