TSB's new Spend & Save Plus Account

EarthBoy

TSB have launched a Spend & Save Plus Account.
It costs £3 per month and for that all you get is £100 interest free overdraft and no charges for using your card abroad.  You can get £5 cashback if you use your debit card 30 times each month, but when you take off the £3 fee you're only getting £2.  
https://www.tsb.co.uk/current-accounts/spend-and-save-plus-account/

Zanderman

EarthBoy said:

TSB have launched a Spend & Save Plus Account.
It costs £3 per month and for that all you get is £100 interest free overdraft and no charges for using your card abroad.  You can get £5 cashback if you use your debit card 3 times each month, but when you take off the £3 fee you're only getting £2.  
https://www.tsb.co.uk/current-accounts/spend-and-save-plus-account/

I think it's 30 times a month not 3 times?
(otherwise I might consider it, but not for 30 times)

EarthBoy

Zanderman said:

EarthBoy said:

TSB have launched a Spend & Save Plus Account.
It costs £3 per month and for that all you get is £100 interest free overdraft and no charges for using your card abroad.  You can get £5 cashback if you use your debit card 3 times each month, but when you take off the £3 fee you're only getting £2.  
https://www.tsb.co.uk/current-accounts/spend-and-save-plus-account/

I think it's 30 times a month not 3 times?
(otherwise I might consider it, but not for 30 times)

Apologies for the typo.  I've corrected it now.

ReecesWaffle

Doesn’t sound too great to be honest.

EarthBoy

ReecesWaffle said:

Doesn’t sound too great to be honest.

No, it's a right load of rubbish.  I don't think many people will go to the trouble of using their card 30 times a month just for £2.

jbrassy

Better off getting a cashback credit card like Amex Platinum or Barclaycard Rewards. You'll earn more than £2 a month using those.

surreysaver

EarthBoy said:

ReecesWaffle said:

Doesn’t sound too great to be honest.

No, it's a right load of rubbish.  I don't think many people will go to the trouble of using their card 30 times a month just for £2.

I use my Co-op one 60 times a month for £3

granta

I'm struggling to see how this is much different from the Spend and Save non-plus version?!

Ed-1

granta said:

I'm struggling to see how this is much different from the Spend and Save non-plus version?!

It's more "Spend and Save Plus a fee".

quirkydeptless

surreysaver said:

EarthBoy said:

ReecesWaffle said:

Doesn’t sound too great to be honest.

No, it's a right load of rubbish.  I don't think many people will go to the trouble of using their card 30 times a month just for £2.

I use my Co-op one 60 times a month for £3

So do I. I have it automated (via Amazon Gift Card top ups). I now consider myself as professional debit card transaction creator ;-)
Have been doing 3 month contract work with Spend and Save accounts, but it looks like TSB are now hiring new long term employees for this plus role 

EarthBoy

quirkydeptless said:

surreysaver said:

I use my Co-op one 60 times a month for £3

So do I. I have it automated (via Amazon Gift Card top ups). I now consider myself as professional debit card transaction creator ;-)

You both have much more dedication than I can muster.