Shak ChowdhuryTSB is a traditional bank that offers current accounts, savings accounts, loans, mortgages and credit cards. It’s a good option for a reliable, easily accessible and customer-focused account in the UK.
Here are six easy steps to show you how to open a bank account with TSB.
What you need
To open a TSB account in the UK, you must:
- be at least 18 years old.
- live in the UK or have a UK address.
- have a valid form of identification
- passport
- driving licence
- National ID card.
- prepare a proof of address:
- utility bill
- bank statement
- council tax bill.
1. Choose your account type
TSB offers a few types of current accounts:
Classic Account
A basic current account that lets you manage your money online or in the app. It has no monthly fee and comes with a contactless card.
Spend & Save Account
A current account that helps you save money by rounding up your transactions and transferring the difference to a savings pot. It also gives you cashback on selected purchases and access to exclusive offers. It has no monthly fee and comes with a contactless card.
Graduate Account
A current account designed for graduates that offer an interest-free overdraft of up to ÂŁ2,000, reduced fees on loans and mortgages, and access to exclusive offers. It has no monthly fee and comes with a contactless debit card.
You can compare the features and benefits of each account on the TSB website.
2. Apply online
Start the application for your chosen account online by filling out an application form in the app or on the TSB website. You will need to provide your details, contacts and income
If you need to go to a branch to open your account, take your identification and proof of address documents with you. Discover TSB’s branches on their website.
3. Verification
During the application will need to verify your identity and address by uploading your documents using the TSB app or website.
Make sure that your documents are valid, clear and not damaged.
4. Account details & card
Once you have verified your identity and address, you will receive your account details via email. You will get your account number, sort code and online banking details.
Your contactless debit card and PIN will arrive by post within 5 working days and it’ll need to be activated by following the instructions on the letter that comes with it.
Use your online banking details to log into the app or your online account and create a username and password for future access.
6. Start using your TSB account
You can now start using your account for your everyday banking needs. The app lets you manage your money on the go, check your balance and make payments. You can also explore TSB’s various savings accounts in the app, from fixed-rate bonds to cash ISAs.
Connecting your new account to the Emma app can provide you with additional tools to help you manage your finances more effectively. Emma is a budgeting and savings app that groups all your bank accounts in one place, allowing you to track and organise all your transactions in real-time.
It offers additional features that the TSB app lacks to help you avoid overdraft charges, find wasteful subscriptions, and present you with visual insights into your spending. There are also features like savings pots to separate your money and rent reporting to build your credit history.
Using both apps together can provide you with a more comprehensive view of your finances and help you make better decisions about how to use and organise your money.
