RBS vs TSB: Switch Bonus Comparison
RBS offers the better net value at £150 vs £100 after fees.
Some links on this page are affiliate links. If you apply through them, we may earn a commission at no extra cost to you. This doesn't affect our editorial independence — we list all offers regardless of whether we have an affiliate relationship.
- Apply for Select or Reward account
- Full CASS switch by 28 May 2026 (complete by 16 June 2026)
- Deposit £1,250
- Log into mobile app
- Open Digital Regular Saver by 16 June 2026
- Cannot have held an RBS current/savings account as of 17 Feb 2026
- Full CASS switch required
- 5.5% AER Digital Regular Saver (on up to £5,000)
- Reward account pays £5/month cashback if conditions met
Verdict: RBS vs TSB
RBS offers the higher switch bonus at £150 vs £100.
TSB has fewer requirements (1 vs 6), making it simpler to qualify.
RBS comes with more perks (2 vs 0), including things like 5.5% aer digital regular saver (on up to £5,000).
Frequently Asked Questions
Which has the higher switch bonus, RBS or TSB?
RBS currently offers the higher bonus at £150, compared to £100 from the other bank.
Can I switch to both RBS and TSB?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for RBS and TSB?
The cooling-off periods are: RBS: 36 months, TSB: 12 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, RBS or TSB?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.