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TSB £160 + other perk switch offer 23/5/24-24/6/24

Bridlington1
Bridlington1 Posts: 3,208 Forumite
1,000 Posts Second Anniversary Photogenic Name Dropper
edited 24 June 2024 at 4:56PM in Budgeting & bank accounts
Good afternoon,

TSB have launched a £160 switching offer, available to those who open a new Spend & Save or Spend & Save Plus current account and haven't received a TSB switching offer since 1/10/22.

As with previous offers the offer is paid in parts, you will receive £100 for switching and making 5 debit card payments. You will then receive £10/mth if you make 20 debit card payments for the first 6 months. 

In addition they will give you make 20 debit card payments in December 2024 you will receive either of the below (your choice):
  • A night away for two at a choice of hotels including Mercure
  • 2 Odeon cinema tickets each month for 3 months (6 tickets in total)
  • NOW Entertainment Membership for 6 months

For full terms see:
https://www.tsb.co.uk/current-accounts/switch-offer.html

For future reference the terms have now been archived to the wayback machine:
https://web.archive.org/web/20240523110819/https://www.tsb.co.uk/content/dam/tsb-public/documents/current-accounts/switcher-offers/tsb-current-account-switch-offer-terms-and-conditions7.pdf
«13456728

Comments

  • Bridlington1
    Bridlington1 Posts: 3,208 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 23 May 2024 at 11:19AM
    In addition to the switching offer those who don't have a TSB current account can get £20 for opening a Spend & Save account or £40 for opening a Spend & Save plus account via topcashback:
    https://www.topcashback.co.uk/tsb-spend-and-save-account/
  • Nasqueron
    Nasqueron Posts: 10,071 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    Least these and Nationwide aren't being unrealistic on time frames (unlike HSBC/First Direct!) - TSB and Nationwide I did a year or two ago but suggests next year I might be able to do them again

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • steven141
    steven141 Posts: 312 Forumite
    100 Posts Name Dropper First Anniversary
    Great offer but I’m not eligible. I switched in February 2023 and got an offer. Thanks for sharing. 
  • pfpf
    pfpf Posts: 5,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 23 May 2024 at 12:45PM
    is no DD transfer requirement standard fare with TSB?

    and having had TSB in the past, if i open an account now are they going to want me to use my old login details?  i seem to remember an issue like that with a bank but can't recall who, Virgin maybe.
  • deinoflex
    deinoflex Posts: 73 Forumite
    Part of the Furniture 10 Posts Name Dropper Photogenic
    pfpf said:
    is no DD transfer requirement standard fare with TSB?

    and having had TSB in the past, if i open an account now are they going to want me to use my old login details?  i seem to remember an issue like that with a bank but can't recall who, Virgin maybe.

    No DD requirements.

    I just tried to logon with my old TSB logon, got 'invalid userid'. So got it all set up with new one.
  • jameseonline
    jameseonline Posts: 974 Forumite
    500 Posts Name Dropper
    Interesting offer, might be worth the hassle for people.

    It's kind of like a Club Lloyds with the cinema tickets or now membership.

    You could also go for a hotel stay.

    Apparently TSB hasn't been doing well lately (looking for a buyer etc) so I'm assuming this is to try to rectify that.
  • MABLE
    MABLE Posts: 4,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We will go via top cash back and get £20
  • kuepper
    kuepper Posts: 1,447 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    So existing TSB spend and save customers can't benefit from switching another account elsewhere to the existing one?
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