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Which Bank is behind TESCO?
Jake'sGran
Posts: 3,269 Forumite
As 6.5% is about the best we can get except for term deposits I am thinking of putting some money in. Does anyone know which bank they use?.
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dont they own there own financial company now ,im pretty sure its has its own licence so you can store 35k in there safely
sainsburys got there own licence now too i believe ,
Slimming world start 28/01/2012 starting weight 21st 2.5lb current weight 17st 9-total loss 3st 7.5lb
Slimmer of the month February , March ,April
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http://www.tescofinance.com/personal/finance/savings/savingsaccounts/terms-and-conditions.htmlTesco Personal Finance is a joint venture between The Royal Bank of Scotland plc and Tesco PLC. Tesco Personal Finance Limited. Registered in Scotland No. 173199. Registered office: 24 St Andrew Square, Edinburgh EH2 1AF. Financial Services Authority No. 186022.
Tesco PF is authorised in its own right by the FSA.0 -
Joint operation with RBS but Tesco are buying them out (completion due before the end of the year).
From an FSCS perspective it opeates its own banking licence.0 -
dont they own there own financial company now ,im pretty sure its has its own licence so you can store 35k in there safely
sainsburys got there own licence now too i believe ,
You can put £50K in it safely, as up to 50K is covered by the FSCS (the older 35K limit was superseded a few weeks ago)0
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