TSB customers have the chance to win £10,000 in a new prize draw
- Major bank TSB is giving away 10x £10,000 prizes in a raffle next month
- Customers only get one chance to win and take part automatically
TSB customers have the chance to win £10,000 when the bank launches a prize draw to mark its 10th anniversary.
All eligible TSB customers will automatically be entered into the draw for the chance to win one of ten prizes worth £10,000.
To be included, customers must be over 18 years old, live in the UK and have a current TSB contract. This includes a personal or business checking or savings account, mortgage or loan as of September 9th.
Bank bonuses: The draw will be held next month by major bank TSB
Winners will be selected on October 18th and contacted by October 20th.
Mark Curran, TSB’s customer banking director, said: “TSB has a long and proud history of helping customers better manage their money and we continue to do so today.”
“We’re delighted to give TSB customers the chance to win £10,000 to celebrate this important milestone in our history.”
If you have more than one TSB deal, such as a current account and a mortgage, you will still only get one chance to win.
TSB customers will be excluded from the draw if:
- You are maintaining an account on behalf of someone under 18 years of age;
- you live outside the UK or are registered for tax purposes elsewhere;
- The account has not been used in the last 15 years;
- A TSB account is subject to legal restrictions or fraud concerns.
- The account is about to be closed;
- If you work for a company involved in the Sweepstakes;
- If you’re just setting up a TSB account to test the Open Banking features.
Last week, rival bank First Direct launched a draw for current account switchers, giving new customers the chance to win one of five prizes worth £12,500.
The story of TSB
- TSB Bank was originally part of the Lloyds Banking Group, formerly Lloyds TSB
- After the 2009 banking crash, Lloyds Banking Group was forced to sell branches in order to qualify for EU aid
- As a result, TSB Bank was formed in 2013 through the spin-off and rebranding of several Lloyds TSB branches, as well as all branches of mortgage and savings bank company Cheltenham & Gloucester
- Spanish banking group Sabadell bought TSB in 2015
- This led to a major IT disaster in April 2018 when customers were switched from TSB systems to Sabadell systems
- TSB customers were unable to make payments, log in or contact staff, while some were able to view the financial details of strangers and loved ones
- TSB was fined almost £50 million over the IT crisis in 2022