Free £125 when signing up to TSB current account!

Get up to £165 in your 1st year, with the current account that gives you added plusness

£125 for switching – Open a Classic Plus account by 27 February 2017 and complete your switch to us using the Current Account Switch Service before 31 March 2017. Pay in at least £500 into your new account within 28 days of the switch. Transfer all active credits and debits, which must include at least 2 active Direct Debits as part of your switch. The Direct Debits must still be registered at least 28 days after the switch completes.

To receive the £125 payment (if you are eligible) you must allow cookies in your browser before selecting "Apply now".

Plus get up to £40 cashback – Get 5% cashback on your first £100 of contactless, Apple Pay or Android Pay spend every month (contactless debit card subject to eligibility). You must be registered for Internet Banking. Offer ends 30 September 2017.

Dog with tree

To qualify for £125, you must first complete the account application and then the separate online switching form.

Read eligibility and see terms and conditions before applying.

Apply now

Defaqto 2016 Current Accounts 5 star Rating

Your Money Direct Awards 2015 – Best Direct Current Account Provider

What you get

£125 cashback when you open a Classic Plus account between 23 January and 27 February and complete your switch to us by 31 March 2017.

3% AER/2.96% gross variable paid on balances up to £1,500.

To earn interest (which is paid monthly) just pay in a minimum of £500 a month and register for Internet Banking, Paperless Statements and Paperless Correspondence . It's important that you log in regularly, at least once every 12 months.

No monthly fees

TSB Visa debit card – contactless debit card subject to status and eligibility

5% cashback on your first £100 of contactless, Apple Pay or Android Pay spend every month. Ends 30 September 2017.

Optional fee free £25 planned overdraft available (subject to application and approval)

Access your account online, via mobile banking, telephone banking or in branch

You must be 18 or over and a UK resident to apply. The Classic Plus account is restricted to one account in your sole name, and another Plus account in joint names.

If you don't log in to Internet Banking within 12 months, we might have to turn off your paperless correspondence, which will mean you won't get your interest. We don't want that to happen, so please log in regularly.

How to get £125 for switching

To qualify for the switching offer and receive the £125 you must:

Complete your switch to TSB using the Current Account Switch Service by 31 March 2017 – this will take 7 working days

Transfer all active credits and debits which must include a minimum of 2 active Direct Debits from your old account and close it. The Direct Debits must still be registered at least 28 days after the switch completes.

Pay in at least £500 into your new account within 28 days of the switch.

You can only benefit from this offer once

You cannot switch your joint account to TSB under this offer

The offer is not available to employees of TSB Bank plc

You are not eligible for this offer if you have previously received an incentive or benefit for switching to TSB Bank plc using the Current Account Switch Service.

You are not eligible for this offer if you already have a Classic Plus account in your sole name.