Tesco Instant Access Savings
Compare the Tesco Instant Access Savings with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Tesco Instant Access Savings details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Tesco Personal Finance www.tesco.com | ||
| Product: | Instant Access Savings | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.60% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age to open this account is 16 attained. However the account can be opened in Trust for those younger than 16. | ||
| Area Restrictions: | There are no area restrictions that apply to this account | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Balance: | The minimum balance is £1 | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | Customers also benefit from the Tesco Personal Finance Helpline which is available 24 hours a day 365 days a year. The Tesco Savings Card (ATM card) allows customers to take money out at their local Tesco store (except Tesco Express and petrol filling stations). 2000 Tesco Clubcard points received if this account is opened before 12th November 2008. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 2.45% 2.45% 2.45% £3,000 2.65% 2.65% 2.65% £5,000 2.85% 2.85% 2.85% £15,000 3.35% 3.35% 3.35% £50,000 3.60% 3.60% 3.60% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is not issued when this account is opened | ||
| Transactions at Branch: | Transactions can be made in-store at a branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions can be made by telephone. . | ||
| Transactions by Internet: | Transactions can be carried out via the Internet | ||
| Transactions by Post: | Transactions can be made by post | ||
| Special Access: | None. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.tescofinance.com Savings | ||
