Overview
- TSB is offering up to £200 to customers who switch to a Spend & Save or Spend & Save Plus current account via the Current Account Switch Service.
- The bonus is paid in two parts, with £150 for completing a switch, app login, a £1,000 deposit, and five debit card payments by 20 March 2026, paid by 7 April.
- An additional £50 is paid if a further £1,000 is deposited in April 2026, with payment by 31 May.
- New account holders can earn up to £30 cashback in the first six months by making 20 debit card payments per month, while Spend & Save Plus costs £3 monthly and offers ongoing cashback and fee-free spending abroad.
- Applications are available in the TSB app, online, or in branch, and existing TSB customers with accounts opened before 13 January 2026 can qualify by completing a full CASS switch; rival deals include Lloyds at £250, Santander at £200, and £175 from Nationwide and First Direct.