TSB bank offering instant £200 added for simple account switch

manchestereveningnews.co.uk:

TSB is the latest UK bank to offer joining customers a financial incentive to use its services. New current account holders can get £200 added to their balance in the latest money-saving perk.

It's not unusual for banks to launch generous cash bonus' to customers, whether it's cashback deals, higher interest rates on savings accounts or offering money to new customers.

It makes changing providers a lot easier for customers who may be unhappy with their current bank's reward scheme but it has also become a simple way for consumers to 'earn' money.

Customers who open a new 'Spend and Save' account with TSB before Friday, March 3 will get £175 cashback and an additional £75 if they keep their account open until later in October this year.