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    • Motormad
    • By Motormad 9th Jun 17, 1:12 PM
    • 78Posts
    • 26Thanks
    Motormad
    How many Tesco Internet savers
    • #1
    • 9th Jun 17, 1:12 PM
    How many Tesco Internet savers 9th Jun 17 at 1:12 PM
    Hi,does anyone know how many Tesco Internet saver accounts you can have,need some more DD's.TIA.
Page 1
    • ColdIron
    • By ColdIron 9th Jun 17, 1:38 PM
    • 3,200 Posts
    • 3,656 Thanks
    ColdIron
    • #2
    • 9th Jun 17, 1:38 PM
    • #2
    • 9th Jun 17, 1:38 PM
    I had 5 (I've since closed 1) and I was told a maximum of 6 by CS but who knows if they enforce it
    • Motormad
    • By Motormad 9th Jun 17, 2:59 PM
    • 78 Posts
    • 26 Thanks
    Motormad
    • #3
    • 9th Jun 17, 2:59 PM
    • #3
    • 9th Jun 17, 2:59 PM
    I had 5 (I've since closed 1) and I was told a maximum of 6 by CS but who knows if they enforce it
    Originally posted by ColdIron
    Thanks for that info,another should be ok then,that'll make 4 so far.
    • ceredigion
    • By ceredigion 9th Jun 17, 3:09 PM
    • 2,214 Posts
    • 2,568 Thanks
    ceredigion
    • #4
    • 9th Jun 17, 3:09 PM
    • #4
    • 9th Jun 17, 3:09 PM
    But you only need 2
    • Motormad
    • By Motormad 9th Jun 17, 10:12 PM
    • 78 Posts
    • 26 Thanks
    Motormad
    • #5
    • 9th Jun 17, 10:12 PM
    • #5
    • 9th Jun 17, 10:12 PM
    But you only need 2
    Originally posted by ceredigion
    I need 4 DD's to switch to a Coop account.
    • TheShape
    • By TheShape 9th Jun 17, 10:54 PM
    • 964 Posts
    • 704 Thanks
    TheShape
    • #6
    • 9th Jun 17, 10:54 PM
    • #6
    • 9th Jun 17, 10:54 PM
    But you only need 2
    Originally posted by ceredigion
    I need 4 DD's to switch to a Coop account.
    Originally posted by Motormad
    I've got one Tesco Instant Saver and one Tesco Internet Saver which is enough for the 4DDs for the switching incentive and the Everyday Rewards.
    • elephantrosie
    • By elephantrosie 9th Jun 17, 10:58 PM
    • 329 Posts
    • 82 Thanks
    elephantrosie
    • #7
    • 9th Jun 17, 10:58 PM
    • #7
    • 9th Jun 17, 10:58 PM
    is this the 3% interest rate?
    Getting bored of my 9 to 5 job.
    • Westie983
    • By Westie983 10th Jun 17, 2:11 AM
    • 3,713 Posts
    • 13,730 Thanks
    Westie983
    • #8
    • 10th Jun 17, 2:11 AM
    • #8
    • 10th Jun 17, 2:11 AM
    is this the 3% interest rate?
    Originally posted by elephantrosie
    No thats the Tesco current accounts, others are talking about Tesco Savings accounts..

    Westie983
    Save 12k in 2017 #16 Total £15130/£12000 126.08%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£158/£500 = 82.00% ( x 10)
    Xmas 2017 £1 a Day #6 Total £250/£365 = 68.49%
    Virtual Sealed Pot #1 Total £1050/£1000 = 105.00%
    £2 Savers Club 2017 #3 Total (£1450)+£50/£2000 = 75.00%

    Total £18340/£15865 = 115.60%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • Motormad
    • By Motormad 10th Jun 17, 9:22 AM
    • 78 Posts
    • 26 Thanks
    Motormad
    • #9
    • 10th Jun 17, 9:22 AM
    • #9
    • 10th Jun 17, 9:22 AM
    I've got one Tesco Instant Saver and one Tesco Internet Saver which is enough for the 4DDs for the switching incentive and the Everyday Rewards.
    Originally posted by TheShape
    So is it ok to have 2 DD's to each Tesco saver account,ie they don't need to be to a different account number.
    • TheShape
    • By TheShape 10th Jun 17, 9:43 AM
    • 964 Posts
    • 704 Thanks
    TheShape
    So is it ok to have 2 DD's to each Tesco saver account,ie they don't need to be to a different account number.
    Originally posted by Motormad
    It worked for the switch incentive and I get the reward every month. The account numbers actually show on my Co-op statement so they can see that it's only two accounts.

    I would just make sure that the DD reference numbers are different.
    • EachPenny
    • By EachPenny 10th Jun 17, 10:20 AM
    • 1,396 Posts
    • 1,427 Thanks
    EachPenny
    I would just make sure that the DD reference numbers are different.
    Originally posted by TheShape
    Different dates and different amounts would also be a sensible precaution... just to avoid any confusion or misunderstanding.

    Some people also find it helps keep track of all the DD's by slightly varying the amount rather than having lots of round pounds. As the money is coming back to you anyway there is no need to make it the absolute minimum amount.
    "In the future, everyone will be rich for 15 minutes"
    • Motormad
    • By Motormad 10th Jun 17, 10:28 AM
    • 78 Posts
    • 26 Thanks
    Motormad
    Thanks for all responses,maybe will still open a fourth Tesco saver as the interest is higher for the first year I believe,will have very low balance so no big deal really.
    • badger09
    • By badger09 10th Jun 17, 11:23 AM
    • 5,085 Posts
    • 4,281 Thanks
    badger09
    Thanks for all responses,maybe will still open a fourth Tesco saver as the interest is higher for the first year I believe,will have very low balance so no big deal really.
    Originally posted by Motormad
    Tesco used to have a rule whereby you could hold several of each type of save account, but only 1 of each had the additional 12 month bonus rate. I'm not sure they still apply that rule, but its largely irrelevant as you're not using the savings accounts for large balances
    • Motormad
    • By Motormad 10th Jun 17, 2:54 PM
    • 78 Posts
    • 26 Thanks
    Motormad
    Tesco used to have a rule whereby you could hold several of each type of save account, but only 1 of each had the additional 12 month bonus rate. I'm not sure they still apply that rule, but its largely irrelevant as you're not using the savings accounts for large balances
    Originally posted by badger09
    Existing accounts are paying 0.40% and a new one pays a bonus of 0.66% for the first year but every little helps!
    • surreysaver
    • By surreysaver 10th Jun 17, 3:01 PM
    • 2,168 Posts
    • 1,221 Thanks
    surreysaver
    I opened a Tesco Internet Saver and an Instant Access Saver and have been trying to move money between the two via both the website and the App, but it won't let me. Do you think this will be because I haven't received and activated the card yet, or should it be allowing me to move money before receiving the card?
    I consider myself to be a male feminist. Is that allowed?
    • Vortigern
    • By Vortigern 10th Jun 17, 3:10 PM
    • 2,221 Posts
    • 1,430 Thanks
    Vortigern
    I opened a Tesco Internet Saver and an Instant Access Saver and have been trying to move money between the two via both the website and the App, but it won't let me. Do you think this will be because I haven't received and activated the card yet, or should it be allowing me to move money before receiving the card?
    Originally posted by surreysaver
    I believe Tesco will send you a form for a specimen signature. Until you return that form, you will not be able to withdraw money.
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