Reviews for Tesco Savings Account Reviews

Guest's review has yet to be rated - Be the first!
Report this review

WARNING! Don't take out an internet saver account with Tesco. You cannot get your money out without a pin reader... it takes weeks to close the account and only by writing to their office address!!

Much better service from Sainsbury's internet saver. You can close the account on-line and you get th ...

Guest's review has yet to be rated - Be the first!
Report this review

Definitely the worst savings account around!!!

Opened the account online. Printed the paperwork and sent it off with a cheque.

3 weeks later, received confirmation that the account was opened and visited the website where I then had to print off a letter, sign it and send it off to them. Another w ...

Guest's review has yet to be rated - Be the first!
Report this review

I have opened a Tesco Internet Saver Account. While the interest rate is fine, the whole process to open the account is the most long winded I have ever experienced. I have several online accounts with various banks / building societies and this is by far the worst. The whole process to open an acco ...

Guest's review has yet to be rated - Be the first!
Report this review

I opened this account when interest rates were 2.5% (including first year bonus). By the time the account was opened I received a letter saying the rate had reduced to 2.25%.
Other institutions are increasing their rates - and in fact have moved savings to Coventry Building Society at 3.3%.

I stil ...

Guest's review has yet to be rated - Be the first!
Report this review

opened Tesco Savings Account in jan. No problems transferring money in. Then tried to transfer money out. I was unable to I phoned telephone banking and they said had to use my card reader. Whats that I said. 1 st time I had ever heard about it. They ordered me one and finally after ordering one t ...

Guest's review has yet to be rated - Be the first!
Report this review

same problems as other customers - I have had to wait weeks for a card reader from Tesco Savings Account although if you phone they will transfer money in and out of accounts for you. Just received card reader and now site has gone down. I am giving up on this account and sticking with Barclays ...

dffd's review has yet to be rated - Be the first!
Report this review

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.

miss600's review has yet to be rated - Be the first!
Report this review

Tesco Savings Account has good interest rates. Infuriating process designed not to pay out your money. Ridiculous initial set up and password reset process

On average, people found this review very helpful
Report this review

Tesco Savings Account has a protracted account opening process I have ever encountered. So far it has taken about 6 weeks and I still cannot transfer money into and out of the account. To start with you have to apply online, then mail in a check, then wait for a package to arrive in the mail, then c ...

RobboGlos's review has yet to be rated - Be the first!
Report this review

Why do Tesco need a 'signed form' to enable users to access online accounts? Seems like a last minute hurdle to stop people accessing their accounts. Why? Website possibly wouldn't cope with amount of customers, with it's interest rate & 1.5% bonus.
Don't close your account! Keep your initial inve ...