TSB Platinum Credit Card Offers 20 Months Interest Free Plus 1% Cashback

Written by Karen Bryan

tsbThe TSB  Platinum Credit Card currently offers 20 month interest free on both purchases and balance transfers, but there is a 2.95% balance transfer fee. There is no monthly fee on the credit card.

II you are a TSB Classic Plus Current Account holder, you can also earn 1% cashback on purchases, up to a value of £500 per month, until 30 September 2017. I like the fact that there most purchases (excluding gambling) qualify for cashback, and there is no annual fee.Some other cashback credit cards, such as the Santander 123 Credit Card, only pay cashback on specific categories of spending e.g. cashback is paid on UK rail and Transport for London travel, but not on hotel bookings. The Santander 123 Credit Card also has an annual fee of £36.

In my opinion TSB offer an attractive range of financial products.

Their Classic Plus current account pays a variable rate on 5% on balances up to £2,000. You can earn 5% cashback on the first £100 of contactless payments per month made with your TSB debit card, until 31 December 2016. The TSB Monthly Saver pays a fixed rate of 5%, with a maximum monthly deposit of £250.