has launched a new bank switch deal, offering customers up to £310 in cash and rewards.

New customers switching to TSB's Spend and Save, or Spend and Save Plus current account, can receive £100 and up to £90 in in the first six months of opening. Customers also get the choice of two rewards, worth up to £120. 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."

To be eligible, customers must switch to TSB using the Current Account Switch Service (CASS) from May 19, 2025, and the switch must be complete by July 19, 2025.

Customers will be able to apply through the TSB Mobile Banking app, the TSB website or in branch.

The offer is limited and can be withdrawn at any time, but TSB said it will give notice of the withdrawal date.

Those who have received an incentive or benefit for switching to TSB Bank using the Current Account Switch Service since October 1, 2022, will not be eligible for the offer.

To receive the £100 switching bonus, customers must log into the TSB Mobile Banking app and make at least five payments using the debit card on their account before July 19, 2025. The £100 bonus will be paid between August 2 and August 16, 2025.

For the first six months, TSB is 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 a treat in January 2026 with two options, including:

• £120 voucher for a hotel of their choice
• Access to 12 months of activity tickets for hundreds of UK attractions.