Tesco Internet Saver
With Tesco Savings they give you excellent rates and instant access to your savings. You can make deposits and withdraw money in most Tesco stores using your Savings Card. The minimum opening balance is only £1.
 |  Compare Tesco Internet Saver details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Tesco Personal Finance www.tesco.com | ||
| Product: | Internet Saver | ||
| Apply via this site: |  | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 6.50% AER | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age to open this account is 18 years. | ||
| Area Restrictions: | There are no area restrictions that apply to this account | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | The maximum investment is £1000000. | ||
| Minimum Balance: | The minimum balance is £1 | ||
| Introductory Rates | |||
| Introductory Bonus: | A bonus of 1.50% is payable. Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 5.00% 6.50% 6.50% | ||
| Incentives Offered: | 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. | ||
| Bonus Payment Conditions: | Bonus Conditions - An introductory bonus is payable for the first 12 months the account is open. The bonus rate applies on balances of up to £100k. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 5.00% 6.50% 5.00% | ||
| Interest Payment Freq: | Interest is paid annually on the first business day in March. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is not issued when this account is opened | ||
| Transactions at Branch: | Transactions cannot be made in-store at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions can be carried out via the Internet | ||
| Transactions by Post: | Transactions cannot 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 | ||
