![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/TSB-SWITCH-OFFER-2023-4965494.jpg?r=1695044571275\")
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From today, new customers who switch to a TSB Spend and Save or Spend and Save Plus current account can receive over \u00a3200.<\/p>\n
New customers will receive \u00a3150 in full if they open an account between September 18 and before the offer is withdrawn and then switch to TSB using the Current Account Switch Service before October 31, 2023.<\/p>\n
Customers can apply\u00a0online, in a branch or in the TSB Mobile Banking app. There is currently no end date to the offer, but it can be withdrawn at any time.<\/p>\n
Carys Barnes, head of personal current accounts at TSB said: \u201cOur current accounts provide lots of ways to help customers manage their money better, and this offer is another great reason to make the switch.\u201d<\/p>\n
To qualify for the incentive, customers will also need to set up at least two direct debits, use their debit card at least once and log into the TSB Mobile Banking app.<\/p>\n
READ MORE: <\/strong> Family of five save \u00a32,000 a month travelling after selling house and belongings<\/strong><\/p>\n If these conditions are met, TSB will pay \u00a3150 into the new account by November 30, 2023.<\/p>\n Customers can also earn \u00a310 in cashback each month for the first six months with a Spend and Save account, totalling \u00a360.<\/p>\n For Spend and Save Plus, the same cashback is available for the first six months, after which it will return to \u00a35 cashback per month, amounting to a total of \u00a390 in the first 12 months. To earn their cashback, customers must make at least 20 debit card payments each month.<\/p>\n On top of the switching and cashback offers, both accounts come with instant access savings\u00a0called Savings Pots. Customers can earn 2.92 percent interest AER variable.<\/p>\n Don’t miss… <\/strong> Customers can also benefit from the bank\u2019s Monthly Saver account paying a five percent Gross\/AER, fixed for 12 months.<\/p>\n The accounts also come with a number of other appealing features, such as an \u201cAuto-balancer\u201d and a \u201cSave the Pennies\u201d function.<\/p>\n The Auto-balancer allows customers to choose a minimum balance limit on their account. If the balance falls below that level, it will automatically move money from a chosen Savings Pot to top it up.<\/p>\n Customers can arrange to have debit card transactions rounded up to the nearest pound with the Save the Pennies feature, so the \u2018change\u2019 goes straight into a Savings Pot.<\/p>\n We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n In addition, Spend and Save Plus offers customers no TSB charges for using their debit card abroad, as well as a \u00a3100 interest-free arranged overdraft for short-term borrowing, subject to application and approval. Overdrafts are repayable on demand.<\/p>\n TSB isn\u2019t the only bank currently offering a bank switch deal. Online bank, first direct, is also offering new customers an incentive to switch – as well as the opportunity to be entered into a \u00a312,500 prize draw.<\/p>\n New first direct customers who switch using the Current Account Switch Service and deposit \u00a31,000 within three months will be rewarded with \u00a3175.<\/p>\n To take part in the prize draw with five chances to win \u00a312,500, people just need to switch their current account to us using the Current Account Switch Service and deposit \u00a31,000 in their account within a shorter time period of 30 days. The prize draw offer ends on October 1, 2023.<\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/TSB-CASHBACK-OFFER-4965502.jpg?r=1695044571396\")
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