Martin lewis shares 'biggest bank switching reward of the year'

Coventrytelegraph

Martin lewis shares 'biggest bank switching reward of the year'"


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Martin Lewis has unveiled what he calls the "biggest bank switching reward of the year" during his appearance on The Martin Lewis Money Show Live on ITV. The financial guru, aged


52, talked viewers through a £310 offer from TSB during the Summer Special of his show. This enticing incentive comprises £190 in direct free cash along with a £120 bonus reward. Quoting the


Money Saving Expert website, they detailed: "New. FREE £100 upfront, £15/month cashback for six months, plus choice of an extra reward in January 2026. To max the reward on the TSB


Spend and Save you'll need to use the debit card for spending each month. You get the upfront £100 for switching." READ MORE: TESCO ANNOUNCES 7PM 'CHARGE' Continuing with


the benefits, the site added: "But if you then spend on its debit card 20+ times in each of the first six months, you'll qualify for the £15 a month cashback." They further


noted the additional perks: "Then, if you also make 20+ debit card payments in December, you'll earn an extra reward – choose from a £120 credit towards a hotel booking via


Expedia's Travel Credits website or 12 months of activity tickets with the National Activities Network.", reports Birmingham Live. As an added advantage, the account offers a


regular saver option. It attracts a 5% interest rate on up to £250 saved each month, fixed for one year. When maximised, this could equate to gaining £71 in interest. TSB clarified their


offer by stating: "If you make 20 or more payments (of any value) per month using your debit card in the first six calendar months your Spend and Save account or Spend and Save Plus


account is open (including the month your account is opened) and subject to meeting our cashback terms and conditions, we'll give you £15 cashback per month instead of £5. "This


will appear as two payments on your transactions (£5 and £10) and may occur on different dates. "We'll count your 20 payments based on the date the money is taken from your


account. "This is usually within 5 working days from the day you make the debit card transaction, but sometimes can be longer. "You can tell when money is taken from your account


by looking at your transactions online or on your statement." Join our exclusive BirminghamLive WhatsApp group for real-time updates delivered directly to your mobile as they unfold.


You can also subscribe to our Money Saving Newsletter, dispatched daily via email, providing all the essential updates on cost of living matters, including changes from DWP and HMRC,


benefits, payments, banks, bills, and shopping discounts. Receive the top stories in your inbox to peruse at a time that's convenient for you.


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