Under the offer, customers who switch their current account to TSB using the Current Account Switch Service (CASS) can receive £100 upfront, £90 in cashback over six months and a reward worth up to £120.
The switching incentive was launched in May. Customers can apply through the TSB mobile banking app, the TSB website or in branch, and the switch must be complete by 19 July 2025.
Read the small print
It is important to check the small print before you switch to TSB, as there are extra conditions to meet to ensure you get the cash.
To receive the £100 switching bonus, customers must log in to the TSB mobile banking app and make at least five payments using the debit card on their account before 19 July 2025. The £100 bonus will then be paid between 2 and 16 August 2025.
For the first six months, TSB is also offering customers the chance to earn triple cashback of £15 each month when they make at least 20 debit card payments in the calendar month. This means customers can earn a total of £90 and any cashback will be automatically paid in the next calendar month.
If customers make 20 debit card payments in December 2025 and meet the conditions for the £100 switching bonus, they can choose one of two treats in January 2026. These are:
- £120 voucher for a hotel of their choice
- Access to 12 months of activity tickets for hundreds of UK attractions
Surina Somal, everyday banking director at TSB, said: “We’re pleased to be able to reward new customers who choose to bank with TSB. With so many account features and benefits, TSB provides a range of options and support for customers to create healthy habits around their finances and build confidence with their money.”
