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Tesco Bank Savings Account

tesco bank

 

 

Tesco Bank

Instant Access Savings Account

 

This is an instant access savings account from the banking arm of the

supermarket giant Tesco that can be opened with as little as £1.

 

The account can be accessed and managed by phone, online or at a Tesco

store. It also comes with a cash card that can be used at any LINK cash

machine.

 

Cash and cheques can be deposited at a Tesco Store. You can also deposit

money into the account by phone or online.

 

Regular payments can also be made into your account by direct debit or

standing order. Deposits can also be made by debit card or by BACS transfer.

 

Withdrawals can be made online (up to £10,000 daily), by phone (no limit),

at a customer service desk in a supermarket (£500 daily), at the checkout in

a supermarket (£100 per day) and at a LINK ATM (£300 per day) all subject

to there being sufficient cleared funds, of course.

 

Interest is paid either monthly or yearly.

 

Accounts can be opened by adults for under 16s.

 

Tesco Bank also offers two other savings accounts, the Fixed Rate Saver which

can be opened online and funded by debit card immediately and the Internet

Saver which is managed online and can be started with £1 and funded by standing

order, direct debit, bank transfer and debit card.

 

Tesco Bank (Tesco Personal Finance plc) also offers credit cards, insurance, loans

and travel services.

 

Return to UK bank account, prepaid credit cards or business bank accounts page.

 

 

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