All news on the topic: TSB Bank PLC

The Money Saving Expert (MSE) newsletter highlighted that several major banks had now relaunched switching offers to new customers and were paying up to £175

To receive the £100, customers must make a minimum of five payments using their debit card or contactless, and log into the TSB Mobile Banking app at least once, by July 5

TSB said the closures are down to fewer people visiting its branches, with 96% of all TSB transactions now taking place outside of a branch

TSB says its findings chimed with the excessive fraud rate from Facebook Marketplace, which currently accounts for 73% of all purchase fraud cases at TSB – and remains the biggest driver of fraud by volume

The Payments Systems Regulator has revealed the performance of individual banks in tackling authorised push payment (APP) scams and how they treated those who fell victim in 2022

In the recent MSE newsletter, Martin told readers that last week, all but one bank switching offered had disappeared from the market - but not anymore as new switching incentives have been launched

To be eligible, you must have had an open TSB account as of September 9 - including a personal or business current account, savings account, credit card, loan, home insurance policy or mortgage

Customers get £125 if they open a Spend & Save or Spend & Save Plus account after July 10, then use the Current Account Switch Service (CASS) to move to TSB before August 31, 2023

TSB claims fraud that comes through these Meta companies made up around 80% of cases within its own three biggest scam categories, as it urges customers to remain vigilant

According to Which? since 2015 over 5,500 bank and building society branches have shut their doors as more people shift to online services to manage their money

The study conducted by Which? and the independent security experts at Red Maple Technologies looked at 13 of the biggest account providers to assess their security when it comes to online and mobile banking

Switching banks has always been seen as a "quick and easy" way of making a little extra cash as banks usually offer an incentive for newbies to sign up and several banks have introduced new offers over the last few months

Andy Haldane has predicted that inflation will cause real wages to fall once again this year, spelling out yet more trouble for Brits during the cost of living crisis

TSB currently has 220 branches in the UK - after these latest closures, which are happening throughout May 2023, that number will fall to 211