TSB has introduced a fresh prize draw that offers customers the chance to win up to £10,000. To participate in the Dream Fund prize draw, customers need to deposit £5,000 into their TSB personal current account or savings account before September 30. A total of 155 cash prizes will be awarded by TSB, including five prizes of £10,000 each, fifty prizes of £250, and one hundred prizes of £100.
The deposited £5,000 must come from a non-TSB account, and participants must be at least 18 years old and reside in the UK. Each £5,000 deposit earns one entry into the prize draw. For instance, depositing £10,000 in a single transaction results in two entries, while partial amounts below £5,000 will not qualify for an entry, even if they total £5,000.
Further details and terms and conditions can be accessed on the TSB website. This new Dream Fund prize draw complements the existing monthly prize draw for TSB personal current account customers, offering the opportunity to win a trip for two to Toronto and Niagara Falls or £300 in Red Letter Day vouchers.
Surina Somal, the Everyday Banking Director at TSB, expressed enthusiasm about providing customers with more incentives to bank with TSB. This initiative follows the discontinuation of TSB’s bank account switch offer valued at £310, which included cash rewards and additional perks for new customers switching to the TSB Spend and Save account. Other banks are currently offering similar switch bonuses, such as First Direct paying £175 to customers who switch to its 1st Account.
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