New customers switching to TSB's Classic Plus now get £130 to switch to it. Plus, there's also up to £10/mth free cash to be claimed. It pays out £5 every month you have two or more direct debits paid out, and another £5/mth if you use your debit card at least 20 times in that month, until 30 June 2018.
As an extra bonus, you also get 3% AER variable on the first £1,500 in your account. All these perks mean you could earn almost £300 if you switch and keep the account for a year.
Source - MSE
Top comments
937666
16 May 176#7
Thanks vassy :smile:
maccy1
16 May 175#4
Ohhhh...
:laughing:
vassy4u
16 May 175#1
Need-to-knows
- To get the switching bonus, apply by Mon 26 Jun and fully switch to it including 2+ active direct debits (what counts as active?) using TSB's switching service by Fri 14 Jul (DD's must still be active for at least 28 days after the switch completes). You also need to pay in £500+ in the first 28 days from switching.
- You need to allow cookies in your browser else the £130 switching offer mightn't track.
- You won't get the bonus if you've ever got a switching bonus from TSB before or if you currently hold a Classic Plus account in your sole name.
- The bonus is paid to your account within 28 working days of the switch completing as long as you've met the terms above. If you have any issues with your switch, call TSB's Switcher Team on 0345 835 7838.
- The 20 transactions need to be made within a calendar month – the date of transaction will be when the money's taken from your account, which could be a couple of days after you spend. Online, contactless and Apple and Android Pay transactions count, but ATM withdrawals don't.
- The direct debits need to go out within the calendar month (so watch out for bank holidays & weekends), and need to be paid to different companies. You need to be registered for internet banking for this cashback.
- You'll need to pay in £500/mth, register for internet banking (and log in at least once a year) & opt for paperless statements & correspondence to get the interest.
- If you have more than one account, you can get the cashback on both, provided you meet the criteria on each account, but you can only get one switching bonus.
- This account has a linked 2% regular saver, though this can be beaten by other regular saver accounts.
- TSB has the full £85,000 UK savings safety guarantee.
throwawaysociety
17 May 173#182
For those wanting free DD's the best options are a Post Office savings account, and a Scottish Widows saving account.
All comments (430)
vassy4u
16 May 175#1
Need-to-knows
- To get the switching bonus, apply by Mon 26 Jun and fully switch to it including 2+ active direct debits (what counts as active?) using TSB's switching service by Fri 14 Jul (DD's must still be active for at least 28 days after the switch completes). You also need to pay in £500+ in the first 28 days from switching.
- You need to allow cookies in your browser else the £130 switching offer mightn't track.
- You won't get the bonus if you've ever got a switching bonus from TSB before or if you currently hold a Classic Plus account in your sole name.
- The bonus is paid to your account within 28 working days of the switch completing as long as you've met the terms above. If you have any issues with your switch, call TSB's Switcher Team on 0345 835 7838.
- The 20 transactions need to be made within a calendar month – the date of transaction will be when the money's taken from your account, which could be a couple of days after you spend. Online, contactless and Apple and Android Pay transactions count, but ATM withdrawals don't.
- The direct debits need to go out within the calendar month (so watch out for bank holidays & weekends), and need to be paid to different companies. You need to be registered for internet banking for this cashback.
- You'll need to pay in £500/mth, register for internet banking (and log in at least once a year) & opt for paperless statements & correspondence to get the interest.
- If you have more than one account, you can get the cashback on both, provided you meet the criteria on each account, but you can only get one switching bonus.
- This account has a linked 2% regular saver, though this can be beaten by other regular saver accounts.
- TSB has the full £85,000 UK savings safety guarantee.
Sharpharp
16 May 172#2
Dayam, I wasn't aware of this "It pays out £5 every month you have two or more direct debits paid out"
Is this also available for existing customers on the Classic Plus?
vassy4u
16 May 172#3
Not sure if it applies to existing customers. I switched to TSB when it was posted last time. They never had this £5 monthly bonus for just having two direct debits. :disappointed:
maccy1
16 May 175#4
Ohhhh...
:laughing:
Sharpharp
16 May 17#5
I'm onto them right now, I must be slippin' if I missed this 2x debit bonus...
vassy4u to Sharpharp
16 May 173#6
Keep us updated :smiley:
937666
16 May 176#7
Thanks vassy :smile:
derp1664
16 May 171#8
I have a classic plus account but never got any switching bonus when I opened it.. :disappointed:
I wonder if I can close it and switch one of my other accounts to get the bonus
amir
16 May 17#9
Can you still get the £130 bonus if you don't have any direct debits set up?
By switching from Halifax to tsb?
vassy4u to amir
16 May 172#10
Yes Amir you will still get. If I were you I would have a min 2 direct debits to get the fiver every month.
Opening post
Plus, there's also up to £10/mth free cash to be claimed.
It pays out £5 every month you have two or more direct debits paid out, and another £5/mth if you use your debit card at least 20 times in that month, until 30 June 2018.
As an extra bonus, you also get 3% AER variable on the first £1,500 in your account. All these perks mean you could earn almost £300 if you switch and keep the account for a year.
Source - MSE
Top comments
:laughing:
- To get the switching bonus, apply by Mon 26 Jun and fully switch to it including 2+ active direct debits (what counts as active?) using TSB's switching service by Fri 14 Jul (DD's must still be active for at least 28 days after the switch completes). You also need to pay in £500+ in the first 28 days from switching.
- You need to allow cookies in your browser else the £130 switching offer mightn't track.
- You won't get the bonus if you've ever got a switching bonus from TSB before or if you currently hold a Classic Plus account in your sole name.
- The bonus is paid to your account within 28 working days of the switch completing as long as you've met the terms above. If you have any issues with your switch, call TSB's Switcher Team on 0345 835 7838.
- The 20 transactions need to be made within a calendar month – the date of transaction will be when the money's taken from your account, which could be a couple of days after you spend. Online, contactless and Apple and Android Pay transactions count, but ATM withdrawals don't.
- The direct debits need to go out within the calendar month (so watch out for bank holidays & weekends), and need to be paid to different companies. You need to be registered for internet banking for this cashback.
- You'll need to pay in £500/mth, register for internet banking (and log in at least once a year) & opt for paperless statements & correspondence to get the interest.
- If you have more than one account, you can get the cashback on both, provided you meet the criteria on each account, but you can only get one switching bonus.
- This account has a linked 2% regular saver, though this can be beaten by other regular saver accounts.
- TSB has the full £85,000 UK savings safety guarantee.
All comments (430)
- To get the switching bonus, apply by Mon 26 Jun and fully switch to it including 2+ active direct debits (what counts as active?) using TSB's switching service by Fri 14 Jul (DD's must still be active for at least 28 days after the switch completes). You also need to pay in £500+ in the first 28 days from switching.
- You need to allow cookies in your browser else the £130 switching offer mightn't track.
- You won't get the bonus if you've ever got a switching bonus from TSB before or if you currently hold a Classic Plus account in your sole name.
- The bonus is paid to your account within 28 working days of the switch completing as long as you've met the terms above. If you have any issues with your switch, call TSB's Switcher Team on 0345 835 7838.
- The 20 transactions need to be made within a calendar month – the date of transaction will be when the money's taken from your account, which could be a couple of days after you spend. Online, contactless and Apple and Android Pay transactions count, but ATM withdrawals don't.
- The direct debits need to go out within the calendar month (so watch out for bank holidays & weekends), and need to be paid to different companies. You need to be registered for internet banking for this cashback.
- You'll need to pay in £500/mth, register for internet banking (and log in at least once a year) & opt for paperless statements & correspondence to get the interest.
- If you have more than one account, you can get the cashback on both, provided you meet the criteria on each account, but you can only get one switching bonus.
- This account has a linked 2% regular saver, though this can be beaten by other regular saver accounts.
- TSB has the full £85,000 UK savings safety guarantee.
Is this also available for existing customers on the Classic Plus?
:laughing:
I wonder if I can close it and switch one of my other accounts to get the bonus
By switching from Halifax to tsb?