TSB customers across the UK, including those in Birmingham, are being urged to take immediate action before a critical deadline this Tuesday to secure a valuable cash bonus. The major UK bank has announced that its lucrative £200 switching offer will be withdrawn on February 17, 2026, leaving little time for eligible individuals to benefit.
How to Claim the TSB Switching Bonus
To qualify for the initial £150 portion of the bonus, customers must first log into the TSB mobile app and deposit a minimum total of £1,000 into their TSB account. Following this, they are required to make five or more payments using their new TSB debit card. For an additional £50, depositing at least £1,000 into the account during April 2026 will trigger a payment of £50 by May 31, 2026.
Account Switching Process Details
TSB has streamlined the switching process to minimize hassle for customers. The bank will automatically transfer the account balance from the old account to the new TSB current account and handle the closure of the previous account. During the transition, customers can continue using their old account up to the sixth day of the switch, although any new payments set up during this period will not be transferred.
The bank will also manage the transfer of all active Direct Debits and standing orders, as well as copy over payee details. To ensure continuity, TSB will notify senders of the new account details and redirect regular income payments—such as salaries, pensions, or benefits—to the new account. A redirect will be implemented so that any payments sent to the old account are automatically forwarded to the new one.
Responsibilities for Customers
Despite the bank's assistance, customers must take certain steps themselves. This includes transferring any bills or payments that rely on debit card details, such as streaming services and subscriptions. Each provider will need to be updated with the new card information. Additionally, existing arranged overdrafts must be moved, and customers will need to apply for a new arranged overdraft with TSB, which can be done when opening the new account.
Furthermore, payment details on digital wallets like Apple Pay or Google Pay must be updated manually within the respective apps. Failure to complete these tasks could result in missed payments or service interruptions.
Urgent Deadline and Final Reminder
With the offer set to expire on Tuesday, February 17, 2026, TSB emphasizes the importance of acting swiftly. This promotion is part of a broader effort by banks to attract new customers through competitive switching incentives. Customers interested in the Spend & Save or Spend & Save Plus accounts should initiate the process immediately to avoid missing out on the £200 bonus.
The bank's branches in Birmingham and nationwide are prepared to assist, but time is of the essence. As the deadline approaches, TSB reminds customers that this is a limited-time opportunity to enhance their banking experience with a substantial financial reward.
