Earn up to £375 recommending friends to TSB (£75 per friend)

Earn up to £375 recommending friends to TSB (£75 per friend)

Found 9th Mar
TSB has extended its recommend-a-friend offer.

The incentive was due to end next week but has now been extended to 9 April. This is what’s on offer:

  • Classic Plus current account customers who refer a friend that switches from their current bank to TSB’s Classic Plus account get £75.
  • Friends who are referred will also receive £75 when they join TSB.
  • The initial offer was limited to 5,000 customers but there’s no limit on this deal.
  • Existing customers can refer up to five friends – earning up to £375 if all five friends switch.
  • Existing Classic Plus customers should visit tsb.co.uk/rec…SB/ to recommend TSB’s Classic Plus account to their friends and family.

Cashback for using your current account
It’s all very well earning money for persuading your friends to switch their account – but should they switch to TSB?
It’s worth considering – it’s a pretty decent account if used in the right way. Customers get £5 for making 20 debit card payments within a month plus an extra £5 if they make at least two direct debits each month. So, a total of £10 a month.

However this cashback offer only runs until the end of 2018. Classic Plus also comes with 3% AER credit interest on balances up to £1,500. This means customers can earn up to £44 in credit interest over a year if they have £1,500 in their account at all times.
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Cold. I haven't got any friends.
Tsb cut the interest to 3% and also cut the amount you earn it on to £1500 from £2000 which means you earned less than half before. They then launch new customer only deals.

Just the same as any other bank. Then the adverts say we're different. They're only different as then they screw you more.

Interest rates go back to .5% and tsb don't raise it back up. Just like any other bank. So bye bye TSB also they charge one of the highest oversees fees. You get 2.99% non-sterling fee plus 3% cash machine fee and a load fee of a £1 just for the cheek of using your card abroad
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