Tesco Savings Account Review

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0.8 stars
Average rating for this product is: 0.8 out of 5

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dffd's Review of Tesco Savings Account

20th Apr 2009

Overall Rating

0.5 stars
  • Value for money
    1 stars
  • Type Of Account
    Easy Access
Bad Points

slow service (> 3 weeks t+ to get a card reader necessary for oprating the account/accessing funds)


General Comments

tesco savings account does not operate like a normal bank account. They cannot make normal BACS(4 day transfer ) or CHAPS(same day) payments and getting your money out will take a lot more time than normal banks.

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LenderAccountDescriptionInterestAEROverdraft  
Overdraft LimitOverdraft Rate
NatWeste-ISAAvailable to existing Natwest Customers Only. The longer you save the more you can earn, save up to £3,600 in a tax year. See site for details.Monthly2.50%N/A
AbbeyDirect ISASave from just £1 to receive 2.00 AER (variable) tax free.Annually2.00%N/A
NatWestCash ISAAvailable to existing Natwest customers only. Transfer your previous years ISA's into this great cash ISA. Earn up to 2.0% AER tax free.Monthly2.00%N/A