New customers switching their everyday banking services to TSB will receive £100 before July 31.
People looking to boost their balance before summer may be unaware that TSB has launched a limited-time current account switching deal that offers new customers up to £160, plus cashback and a choice from one of three rewards. New customers who switch to a TSB Spend & Save or Spend & Save Plus current account, can receive £100, and £60, plus £90 in cashback in the first year of account opening.
To receive the £100, people must make a minimum of five payments using their debit card or contactless using Google or Apple pay on their new Spend & Save or Spend & Save Plus account and log into the TSB Mobile Banking app at least once, by July 5. If these conditions are met, TSB will pay £100 into the new account between July 17 and July 31, 2024.
For Spend & Save Plus, the same cashback is available for the first six months, and it will then revert to £5 cashback a month .The Spend & Save Plus account comes with a £3 monthly account maintenance fee.
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