TSB Dream Fund Prize Draw (September 2025)

hoc

flaneurs_lobster said:

hoc said:

A clever way for them to prop up the balance sheet for end of quarter reporting.

Yep, and that prop is going to be shaved of my £5k at about 06:30am tomorrow.

Reported on snapshot of quarter close. Not representative and that is precisely the point.

danny13579 said:

hoc said:

A clever way for them to prop up the balance sheet for end of quarter reporting.

Of course. You don't think they're doing it for our benefit, do you? 

Nobody here had picked up on it. This isn't like any other marketing campaign to gain customers.

MDMD

hoc said:

A clever way for them to prop up the balance sheet for end of quarter reporting.

Won’t have any impact as the double entry accounting means the extra asset (cash) will be matched exactly with liabilities (customer payables). 

winkowinko

So is it safe to withdraw yet?

danny13579

winkowinko said:

So is it safe to withdraw yet?

You may want to rephrase that, ahem! 🫣

The promotion has ended so yes, you can withdraw (your funds) safely.

hoc

MDMD said:

hoc said:

A clever way for them to prop up the balance sheet for end of quarter reporting.

Won’t have any impact as the double entry accounting means the extra asset (cash) will be matched exactly with liabilities (customer payables). 

Obviously. That's simple Accounting. Balance sheet size is important in Finance. How deals are done in the Business world.

dcs34

What I love most about these types of competitions is the lack of confirmation from the bank regarding entries, leaving a few weeks of nagging doubt at the back of my mind about TSB's ability to produce an IT system capable of recognising £5k incremental deposits correctly...and drawing results fairly. Still, only a few weeks to wait until the disappointment comes!

winkowinko

dcs34 said:

What I love most about these types of competitions is the lack of confirmation from the bank regarding entries, leaving a few weeks of nagging doubt at the back of my mind about TSB's ability to produce an IT system capable of recognising £5k incremental deposits correctly...and drawing results fairly. Still, only a few weeks to wait until the disappointment comes!

Agreed. Some kind of confirmation receipt would have been nice.

ircE

Good luck all... winners will be notified soon...

winkowinko

Anyone been notified yet? 

T's and C's mention by 20th November, so potentially a bit of wait still.

winkowinko

Just bumping this one again, in case anyone gets notified soon.