1.45% AER
TSB offers a total of up to £200-£240 in incentives for switching to a Spend & Save or Spend & Save Plus account.
£0
N/A
No foreign transaction fees
The TSB Spend & Save Account is appealing for those looking for a fee-free banking option with cashback incentives. The innovative Savings Pots feature allows users to save effectively while enjoying the benefits of a straightforward current account.
Pros:
- No monthly fee for standard account
- Cashback incentives
- Savings Pots feature
Cons:
- Lower interest rates compared to competitors
- Limited to cashback on specific criteria
In summary, the TSB Spend & Save Account is ideal for individuals seeking a no-fee banking solution that offers both cashback rewards and effective savings management through its Savings Pots feature. This account caters particularly well to budget-conscious customers who want to maximize their savings while maintaining easy access to their funds.