TSB pulls £150 switching deal - what are the alternatives?

TSB has pulled its £150 switching offer, and while there are still other deals on the market, offering up to £200, you will need to act quickly to bag the free cash

TSB External Shop Signage
(Image credit: Getty Images)

TSB has pulled its current account switching deal only four weeks after its launch. The offer, which was one of the best offers for switching banks, offered an attractive £150 free cash when you switched to one of its Spend and Save current accounts, plus up to £60 cashback over six months. Combined, the two offers allowed switchers to bag up to £210 in free cash.

The deal launched around mid-September when an influx of other switching offers came on the market. Lloyds sprung its £175 offer on the market just a day after TSB, and Nationwide followed with its market-leading £200 switching deal

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Vaishali has a background in personal finance and a passion for helping people manage their finances. As a former staff writer for MoneyWeek, Vaishali covered the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.