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

danny13579

greenery said:

Two quick questions about the TSB switch offer. 
I already have a joint account with TSB - will I still get the incentive?
can i use switch aa Monese account? ( is this a proper bank?)

To get the incentive you need to open a new Spend & Save or Spend & Save Plus account and not have received an incentive since October 2022.

Marcoos

Text message from Chase to confirm the switch and showing burner account closing in 7 days in the app.

EDIT: TSB now text to confirm switch will complete 12/06

Emily_Joy

From TopCashBack T & C: ".. Make at least two debit payments out of your account each month" does this refer to Debit Card payments or Direct Debit payments?

WillPS

Emily_Joy said:

From TopCashBack T & C: ".. Make at least two debit payments out of your account each month" does this refer to Debit Card payments or Direct Debit payments?

Either counts, as do faster payments and standing orders.

moneytorques

fastpastlight said:

Does anyone know if 20+ transactions to Revolut works for this?

I have Revolut but dont use it, what are these transactions you mention please?

Marcoos

Debit card and pin arrived, along with the activation code for internet banking which is now setup along with the app. Setup paperless (for the TCB requirements).

Will next move £500 in, then two payments back out of £250 and £230. Leaving £20 for the debit card payments for the switch and TCB requirements. Rinse and repeat next month etc

moneytorques

Marcoos said:

Debit card and pin arrived, along with the activation code for internet banking which is now setup along with the app. Setup paperless (for the TCB requirements).

Will next move £500 in, then two payments back out of £250 and £230. Leaving £20 for the debit card payments for the switch and TCB requirements. Rinse and repeat next month etc

Will you do £20x £1 payments? If so where too?

Marcoos

moneytorques said:

Marcoos said:

Debit card and pin arrived, along with the activation code for internet banking which is now setup along with the app. Setup paperless (for the TCB requirements).

Will next move £500 in, then two payments back out of £250 and £230. Leaving £20 for the debit card payments for the switch and TCB requirements. Rinse and repeat next month etc

Will you do £20x £1 payments? If so where too?

Yeah, top up my Amazon account. 

goatfaced

Why is everyone doing 2 payments back out? What have I missed? I sent 480 out in one go. 

Marcoos

goatfaced said:

Why is everyone doing 2 payments back out? What have I missed? I sent 480 out in one go. 

From the TCB terms

” 3. In three out of the first four calendar months after you’ve opened your account: (a) Pay in at least £500 each month (b) Make at least two debit payments out of your account each month”