QuidCo and TSB Spend-and-Save

colsten

Screenshots taken 12th October 2020

NottinghamKnight

I've now received an email from Quidco pushing the TSB offer, it does say that holding an existing account is not allowed for cashback but lists other benefits of the spend and save (£5 credit for debit spends etc). I guess they are hoping people will use their link in any case for the other benefits and presumably Quidco will get a referral fee even if the individual doesn't. 

Yorkshire_Pud

Zanderman said:

NottinghamKnight said:

My understanding is that holding a current account wouldn't exclude you from the quidco cashback but they had limited it to one application for spend and save account. I received cashback for a classic plus earlier this year and the spend and save has tracked with a payment date of I think April. 

First sentence of the current terms, on Quidco's page about the offer, says (my italics):

You will be eligible for the Quidco cashback if you open a new TSB Spend & Save current account, you don’t have any other existing TSB current accounts and...

These are the terms as updated on 10th November. Your understanding may well have been correct when you took up the offer, but it's not correct now.

Sneaky lot as usual. I opened a spend and save early October which didn’t track but my visit was recorded and is subject of a claim currently. Whether they will try to enforce the supplemental term to the previous offer terms we will have to see. Probably and it will be yet another wrangle with them. So thanks for the screenshot colsten in the event they need their own terms relayed back to them.

Yorkshire_Pud

Offer back up to £50 from recent £30.

Ed-1

Yorkshire_Pud said:

Offer back up to £50 from recent £30.

And back down to £30.

[Deleted User]

How long does it take to become payable with Quidco and TSB ?

Thinking of going for the Halifax offer as TSB doesn't current support PO deposits with card nor does the app support cheque deposit. Have to use another bank to transfer in or drive/bus to another soon to be closed branch.

colsten

Many moons. Allow at least 4 months, but don't be surprised if it takes 6 or more.

Not sure why you would have to make a TSB or Halifax decision - - - why not both?

[Deleted User]

colsten said:

Many moons. Allow at least 4 months, but don't be surprised if it takes 6 or more.

Not sure why you would have to make a TSB or Halifax decision - - - why not both?

Planning to use TSB for my next switch offer which will probably be Halifax. Don't want to risk using until at least validated on Quidco.

colsten

Deleted User said:

colsten said:

Many moons. Allow at least 4 months, but don't be surprised if it takes 6 or more.

Not sure why you would have to make a TSB or Halifax decision - - - why not both?

Planning to use TSB for my next switch offer which will probably be Halifax. Don't want to risk using until at least validated on Quidco.

Not sure what you mean by Quidco validation. Personally, I wouldn't switch the TSB account before I have received the payment from Quidco in my current account. At the very minimum, that's 120 days from account opening, and then some.

[Deleted User]

colsten said:

Deleted User said:

colsten said:

Many moons. Allow at least 4 months, but don't be surprised if it takes 6 or more.

Not sure why you would have to make a TSB or Halifax decision - - - why not both?

Planning to use TSB for my next switch offer which will probably be Halifax. Don't want to risk using until at least validated on Quidco.

Not sure what you mean by Quidco validation. Personally, I wouldn't switch the TSB account before I have received the payment from Quidco in my current account. At the very minimum, that's 120 days from account opening, and then some.

By validation, I meant confirmed.

Incidentally, they've now added a 180 day payment timeline that wasn't there when I applied. Probably best to wait until the £50 credit is payable as you suggest as I'm over 120 days and no movement yet.