Overview
- The offer applies to new switches into Spend & Save or Spend & Save Plus, with applications and a full switch via CASS required by 20 March 2026.
- The first £150 is earned by completing the switch, logging into the TSB app, depositing £1,000, and making five debit-card payments by 20 March, with payment due by 7 April 2026.
- An additional £50 is paid if a further £1,000 is deposited in April 2026, with payment due by 31 May 2026.
- Existing TSB customers who opened a personal current account before 13 January 2026 qualify if they complete a full switch to that account using CASS.
- Spend & Save is fee-free, Spend & Save Plus costs £3 a month and adds fee-free foreign spending and ongoing £5 monthly cashback for 20+ card payments, while rivals currently tout switching deals such as Lloyds at £250, Santander at £200, and Nationwide and First Direct at about £175.