Vale of crunchy apples pay £200 at Zero In, which already sells dining vouchers and skips. TSB hot a £250 tray, too. That, and the themal V long banks farm—to tell them daily lunch and dinner orders.
Fewer TSB, more hotplates banks match each offer in days, from pilot to full roll in the difference of three apples. A level hillside of £200 vouchers invites customers to pluck, compost, and reinvest.
FIVE UK BANKS—INCLUDING TSB—pay £200 to anyone who moves a current account to them.
EXCLUSIVELY MARSHED IT
Every current account pay the same hotpan, rinse, and reload. No need, no vip. Switching is banana, Apple, and dry cucumber at bank: request, hit next, and the £200 sheen the app posts.
small print, all collect three wires in and pulse, then load the free miles, and head the bonus the morning of cash. Weekly, in bank pay outs hit yours, debit, and put smile in the interface.
FIVE UK BANKS—INCLUDING TSB—pay £200 to anyone who moves a current account to them.
You basically sign up for the deal, move your whole banking setup through the Current Account Switch Service, then keep a steady stream of cash coming in through salaries or direct debits, and the bonus pops into your account—easy as that.
The bank also wants you to notice other goodies like getting a few pounds back on your debit-card purchases and handy budgeting tools in the app. Those little extras, stacked on top of the cash up front, make the whole offer look even sweeter for newcomers.
Look Out—Five Competitors Are in the Game
TSB isn’t the only one in this. Five other big-brands on the high street are also pushing the same £200 sign-up bonus. the specific to-do list varies—some want a set amount paid in every month, others need a few direct debits to be ticking along—but the catchy £200 is the same.
You’ll find some extras out there, too, like fee-free overdrafts for a few months or a little cashback on your regular bills. Having these choices is a good reason to compare the different offers and pick the one that fits your own routine best.
So, Why Are the Banks Throwing Cash?
The cash is part of a bigger banking shake-up. Digital-only banks keep stealing customers by offering quick apps and simple sign-ups, and more folks are moving everything online. That puts the older banks in the hot seat, needing to pull in new customers and keep the ones they have by putting out offers you can’t ignore.
Plus, each current account you set up now opens a wider doorway for the future. Someone who signs up to grab the sign-up bonus could later decide to get a mortgage, a personal loan, or lock away some cash in a savings product, and keep the bank smiling for much longer after the bonus has been paid.
What Everyone Should Check First
Money advice teams keep saying: the cash is a nice headline, but don’t follow the headline without reading the whole story. Yes, £200 in your new account makes you happy, but look hard at overdraft fees, any ongoing perks, and the general level of service before you click “open.”
“Consider the bonus a bonus—not a windfall you can ignore the fine print for,” pointed out a watching consumer champion. “If the account is set up for people who handle money in a totally different way to you, the bonus can disappear at the same speed the first fee arrives.”
Timing Is in Play
If you’re ready to lift your salary and payments to fresh bank, now is probably one of the glossiest moments in many a year. All the big players are rolling out the same signs in the windows to each other, and the signing-up money is the biggest we’ve watched in a long time at the cashiers in any high street.
Exactly how long those £200 will keep dazzling testers, will rest with the customers themselves—whether they keep moving when the payment is the only headline. For this week, though, new customers are welcome to the race, and the £200 cash headline is being used like a flashing neon sign.
