TSB up to £200 switch & stay offer - February 1 2023

kmb500

flaneurs_lobster said:

kmb500 said:

Hmm. I cant decide whether I should take this switch or not. I was about to sign up to Santander for their £200 today, but then couldn't find any mention of it on their website, even though they only launched the bonus a couple weeks ago its already gone

I would rather find a bank that offers more than £125 up front. But I don't have that many options (cant do either first direct or lloyds atm or natwest atm)

Do you think it is worth holding on for a better deal than £125, or getting this one now?

What about RBS?

MSE article says you can't have had a switch bonus from RBS or Natwest since 2017. I think I had a natwest account in 2019 unfortunately.

It is only the "high street" banks that ever offer cash switch bonuses right? In the last 4 or so years I've had TSB, Natwest, First Direct, and Lloyds accounts / bonuses, so I guess I switch once a year. If they didn't all have the "Cant have had an account since X year" restrictions, I'd switch much more often lol.

So I'm not sure how many other potential options there are - Nationwide, Santander, Halifax? I think that's it? None of which have bonuses currently.

Oh also barclays but me and my housemate have a barclays account for house bills already

Zanderman

kmb500 said:

flaneurs_lobster said:

kmb500 said:

Hmm. I cant decide whether I should take this switch or not. I was about to sign up to Santander for their £200 today, but then couldn't find any mention of it on their website, even though they only launched the bonus a couple weeks ago its already gone

I would rather find a bank that offers more than £125 up front. But I don't have that many options (cant do either first direct or lloyds atm or natwest atm)

Do you think it is worth holding on for a better deal than £125, or getting this one now?

What about RBS?

MSE article says you can't have had a switch bonus from RBS or Natwest since 2017. I think I had a natwest account in 2019 unfortunately.

It is only the "high street" banks that ever offer cash switch bonuses right? In the last 4 or so years I've had TSB, Natwest, First Direct, and Lloyds accounts / bonuses, so I guess I switch once a year. If they didn't all have the "Cant have had an account since X year" restrictions, I'd switch much more often lol.

So I'm not sure how many other potential options there are - Nationwide, Santander, Halifax? I think that's it? None of which have bonuses currently.

Oh also barclays but me and my housemate have a barclays account for house bills already

But did you have a switch bonus from NatWest in 2019?  

BeachNut

flaneurs_lobster said:

AmityNeon said:

For third-party cashback specifically (Quidco/TCB), there is no requirement for debit card purchases, but if you're going to keep the account for four months to be eligible, it's better to also aim for the whole Switch & Stay offer, so you'll need 2x direct debits and 5x debit card purchases anyway.

Very good point, topping-up Amazon gift card balance it is.

The 5x card purchases can be from the same vendor, right? I don't see anything in the T&Cs that suggests otherwise.

PloughmansLunch

BeachNut said:

flaneurs_lobster said:

AmityNeon said:

For third-party cashback specifically (Quidco/TCB), there is no requirement for debit card purchases, but if you're going to keep the account for four months to be eligible, it's better to also aim for the whole Switch & Stay offer, so you'll need 2x direct debits and 5x debit card purchases anyway.

Very good point, topping-up Amazon gift card balance it is.

The 5x card purchases can be from the same vendor, right? I don't see anything in the T&Cs that suggests otherwise.

Yes, I do 20 x £1 into an NS&I Direct saver

flaneurs_lobster

PloughmansLunch said:

BeachNut said:

flaneurs_lobster said:

AmityNeon said:

For third-party cashback specifically (Quidco/TCB), there is no requirement for debit card purchases, but if you're going to keep the account for four months to be eligible, it's better to also aim for the whole Switch & Stay offer, so you'll need 2x direct debits and 5x debit card purchases anyway.

Very good point, topping-up Amazon gift card balance it is.

The 5x card purchases can be from the same vendor, right? I don't see anything in the T&Cs that suggests otherwise.

Yes, I do 20 x £1 into an NS&I Direct saver

A question on the NS&I account please, does the nominated bank account named when the account is set up need to be the same account that the debit card is for or can any debit card be used to deposit?

PloughmansLunch

flaneurs_lobster said:

PloughmansLunch said:

BeachNut said:

flaneurs_lobster said:

AmityNeon said:

For third-party cashback specifically (Quidco/TCB), there is no requirement for debit card purchases, but if you're going to keep the account for four months to be eligible, it's better to also aim for the whole Switch & Stay offer, so you'll need 2x direct debits and 5x debit card purchases anyway.

Very good point, topping-up Amazon gift card balance it is.

The 5x card purchases can be from the same vendor, right? I don't see anything in the T&Cs that suggests otherwise.

Yes, I do 20 x £1 into an NS&I Direct saver

A question on the NS&I account please, does the nominated bank account named when the account is set up need to be the same account that the debit card is for or can any debit card be used to deposit?

I set up another TSB account as the switch offer came out a week after I’d already opened one, and have used both spend and save cards for the same NS&I saver. My user IDs haven’t been merged yet so had to approve the newer account payments via SMS

FFHillbilly

The switch form doesn't seem to be loading anymore, tried multiple browsers and I tried last night/this morning it just does the spinny wheel and nothing happens. Is it just me?

flaneurs_lobster

FFHillbilly said:

The switch form doesn't seem to be loading anymore, tried multiple browsers and I tried last night/this morning it just does the spinny wheel and nothing happens. Is it just me?

Just you, sorry. Have you tried clearing cookies?

flaneurs_lobster

PloughmansLunch said:

flaneurs_lobster said:

PloughmansLunch said:

BeachNut said:

flaneurs_lobster said:

AmityNeon said:

For third-party cashback specifically (Quidco/TCB), there is no requirement for debit card purchases, but if you're going to keep the account for four months to be eligible, it's better to also aim for the whole Switch & Stay offer, so you'll need 2x direct debits and 5x debit card purchases anyway.

Very good point, topping-up Amazon gift card balance it is.

The 5x card purchases can be from the same vendor, right? I don't see anything in the T&Cs that suggests otherwise.

Yes, I do 20 x £1 into an NS&I Direct saver

A question on the NS&I account please, does the nominated bank account named when the account is set up need to be the same account that the debit card is for or can any debit card be used to deposit?

I set up another TSB account as the switch offer came out a week after I’d already opened one, and have used both spend and save cards for the same NS&I saver. My user IDs haven’t been merged yet so had to approve the newer account payments via SMS

Good advice, NS&I saver set up in less than 5 minutes, 5 TSB debits done. How easy is withdrawal please, I'd like to use it for my Halifax £500 spend (Revolut has held my money one too many times) but don't want to leave the money with NS&I. 

financialbliss

@flaneurs_lobster - have you considered doing an extra fifteen debit card "spends" for the £5 per month for the first six months? Is separate to the switching offer.

https://www.tsb.co.uk/current-accounts/cashback/