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Home » TSB offers £310 in bonus cash for customers who make this account change
Money

TSB offers £310 in bonus cash for customers who make this account change

By staff21 July 2025No Comments3 Mins Read

You need to carry out several steps to get the extra TSB payments

14:20, 21 Jul 2025Updated 14:25, 21 Jul 2025

A woman checks her finances
TSB is offering £310 in bonus cash when you open a current account with them(Image: Getty)

TSB is offering customers £310 in bonus cash and rewards if you switch to a current account with them and carry out certain other steps. You can get the extra cash when you switch to a TSB Spend & Save or Spend & Save Plus current account.

This includes an £100 switching bonus when you move over to the new account and other cashback and rewards, which all together are worth an extra £310. To qualify for the funds, you need to arrange a switch to either account using the Current Account Switch Service, from July 21. The switch must be completed by September 22.

To get the initial £100 switch offer, you need to log into the TSB Mobile Banking app and make at least five payments using the debit card for your account, before September 22. You will then get the £100 bonus between October 6 and 12.

READ MORE: Santander explains why some customers can’t get free cash bonus

Surina Somal, everyday banking director at TSB, said: “It’s great to be out again offering customers more brilliant reasons to bank with TSB. On top of the many great features and benefits that TSB current accounts already provide, we’re always looking for ways to reward new and existing customers – and our latest switching offer and exciting prize draw do just that.”

You can also get cashback of £15 a month for the first six months of your account, if you make at least 20 debit card payments in that calendar month. Your cashback will be paid in the next calendar month. This means you can earn up to £90 over the six months.

If you have met all the criteria to get the £100 bonus, you can also get £120 in vouchers towards your next hotel stay. To get the vouchers, you will need to make 20 or more debit card payments in February 2026. You can choose either from the hotel vouchers or from activity tickets for 12 months, as your reward.

A TSB sign
TSB is offering £310 in bonus cash(Image: Getty)

If you go for the hotel vouchers, you may want to note that some bookings will be non-refundable, depending on the hotel where you are staying. The voucher cannot be used along with any other vouchers or offers.

Current account holders can also enter a prize draw which is running every month until the end of December. From July to October, prizes will include a city break for two to Toronto or Niagara Falls, while other prizes include spa breaks, West End theatre tickets and football stadium tours.

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