Alright, folks, let’s have a chinwag about something that might not be the most thrilling topic, but could put some extra cash in your pocket: switching bank accounts. I know, I know, it sounds like a hassle, but hear me out. TSB Bank (https://www.tsb.co.uk/personal.html) is offering a rather tempting deal right now that might just make it worth your while.

What’s the Deal, Then?

In a nutshell, TSB is offering up to £160 in cold, hard cash if you switch your current account to them. On top of that, they’re also throwing in a NOW TV Entertainment Pass (https://www.nowtv.com/), so you can binge-watch your favourite shows and movies. Not too shabby, eh?

How Does It Work?

The process is pretty straightforward. You switch your main current account to a TSB Spend & Save or Spend & Save Plus account, and set up at least two Direct Debits. Then, within 30 days, you use the Current Account Switch Service to move your old account over. It’s designed to be seamless, and TSB will take care of all the heavy lifting for you.

The Sweet Rewards

Now for the good stuff. Here’s how the cashback breaks down:

  • £125: Paid into your TSB account between 17th and 31st July 2024.
  • £25: This is TSB’s regular cashback for setting up two Direct Debits. You get £5 a month for the first five months.
  • £10: This comes from the lovely people at TopCashback (https://www.topcashback.co.uk/), and you’ll receive it after you’ve met all the conditions.

And let’s not forget that free NOW TV Entertainment Pass, worth £11.99 a month!

Is It Worth It?

If you’re looking for a way to boost your savings, or fancy a bit of a telly treat, then this TSB offer is definitely worth considering. The cashback alone could cover a weekend getaway, a few fancy dinners, or even contribute to a bigger purchase. Plus, with a new NOW TV pass, you can enjoy some guilt-free binge-watching.

A Few Things to Keep in Mind

As with any financial product, it’s always wise to read the fine print. The offer is only available to new TSB customers, and you’ll need to keep your account open for at least six months to receive the full cashback. You’ll also need to be quick, as the offer is likely to end in early to mid-June.

The Final Word

In my humble opinion, this TSB switch offer is a bit of a no-brainer. It’s a simple way to earn a decent chunk of change, and you get a free NOW TV pass thrown in for good measure. If you’re happy with your current bank, then fair enough, but if you’re open to switching, TSB might just be the way to go.

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