TSB £190 + Freebie Switching Offer 21/7/25-TBC

Bridlington1

TSB have launched a new switching offer (thanks @lon_don for bringing this to my attention in another thread).

Offer consists of 3 parts:

£100 for switching in:

• Open a Spend & Save account and complete a full switch
• Log into the TSB Mobile Banking App
• Make at least 5 payments using the debit card on your new account
• If you do this before 22 September 2025, TSB’ll pay you £100 between 6 and 12 October 2025

£90 Casback

• Earn £15 cashback each month for up to 6 months
• To qualify for cashback, you’ll need to make 20 or more debit card payments in a calendar month. Pending payments don't count. See how cashback works
• Cashback will be paid into your account the next calendar month

Freebie:
If you’ve completed all the steps for the £100 welcome bonus and make 20 or more debit card payments in February 2026, you’ll be able to choose one of these rewards in March 2026:

• £120 towards your next hotel stay- Enjoy a £120 voucher that you can use for a hotel stay abroad or a staycation in the UK. T&Cs and exclusions apply.
• Access to activity tickets for 12 months- Get tickets for attractions and venues all across the UK, from watersports in Cornwall to museums in the Scottish Highlands. T&Cs and exclusions apply.

Note, if you’ve received an incentive or benefit for switching to TSB Bank plc using the Current Account Switch Service since 1 October 2022, you’re not eligible for these offers.

It's also worth noting you can get an extra £22.50 on top if you open a Spend & Save account via Quidco. See:
https://www.quidco.com/merchant/tsb-spend-save-current-account/

You can get an extra £40 on top if you open a Spend & Save Plus account and £20 if you open a Spend & Save account via Top Cashback. See:
https://www.topcashback.co.uk/tsb-spend-and-save-account

For a list of savings/investment accounts that allow deposits by debit card see:
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1


Full offer Ts&Cs:
https://www.tsb.co.uk/current-accounts/switching-bank-account.html#offer

For future reference Ts&Cs have been archived to the wayback machine:
https://web.archive.org/web/20250721125931/https://www.tsb.co.uk/current-accounts/switching-bank-account.html#offer

wmb194

"If you've received an incentive or benefit for switching to TSB Bank plc using the Current Account Switch Service since 1 October 2022, you're not eligible for these offers."

danny13579

Bridlington1 said:

It's also worth noting you can get an extra £30 on top if you open a Spend & Save account via Quidco. See:
https://www.quidco.com/merchant/tsb-spend-save-current-account/

It's only £30 when you're logged out, after logging in it reduces to £22.50 (well for me it does).

Spend & Save Plus is advertised at £40 cashback, but after logging in it reduces to £30.

Top Cashback are offering £20 for Spend & Save and £40 for Spend & Save Plus (same rates when logged out or in).

According to the terms, both the Spend & Save account and Spend & Save Plus account are eligible for this switch offer.

Col2018

If I qualify for the £120 towards my next hotel stay can I split this £120 across different nights/hotels or  do I need to use it on 1 stay/night in a hotel?