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TSB Launches £310 Current Account Switching Offer, Its Most Generous Yet

The deal includes a £100 upfront bonus, six months of cashback, and a choice of rewards, designed to encourage sustained account usage.

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Overview

  • TSB's new offer, live as of May 19, 2025, provides up to £310 in cash and rewards for customers switching to its Spend & Save or Spend & Save Plus accounts.
  • To qualify, customers must switch via the Current Account Switch Service by July 19, 2025, and complete at least five debit card payments before that date.
  • The £100 upfront bonus will be disbursed between August 2 and August 16, 2025, while triple cashback of up to £90 is available over the first six months for meeting monthly transaction thresholds.
  • Eligible customers who make 20 debit card payments in December 2025 can choose between a £120 hotel voucher or 12 months of attraction tickets in January 2026.
  • This promotion reflects TSB's strategy to foster long-term customer engagement and follows increased competition in the UK banking sector for switching incentives.