Tesco Online Savings - DELAYS!

Barney12_3

In short, took 4 weeks to process the application and cash the cheque - 1 months interest lost as I had to transfer the money into the current account to cover the cheque.

Then for the past 3 weeks we’ve been trying to set up access to the on-line banking which requires 1)on-line registration 2)written confirmation 3)receipt and submission of a posted pin. To cut a long story short the whole process failed (and the “Johny No Stars” at the end of the technical help line had no clue as to why) and we’ve now got to start again :mad:

The worse bit is I signed up when the rate was 3.5%, who knows what it is now I cant flippin check!!

My advise, steer well clear of Tesco Savings products!

Barney

Barney12_3

In short, took 4 weeks to process the application and cash the cheque - 1 months interest lost as I had to transfer the money into the current account to cover the cheque.

Then for the past 3 weeks we’ve been trying to set up access to the on-line banking which requires 1)on-line registration 2)written confirmation 3)receipt and submission of a posted pin. To cut a long story short the whole process failed (and the “Johny No Stars” at the end of the technical help line had no clue as to why) and we’ve now got to start again :mad:

The worse bit is I signed up when the rate was 3.5%, who knows what it is now I cant flippin check!

My advise, steer well clear of Tesco Savings products!

Barney

sheslookinhot

Tesco Finance is one of the best savings account available just now. there is always a few customers who are not happy.

Just_landed

Think yourself lucky I applied mid November 2008 and I am still waiting, just the card reader to go though.

YorkshireBoy

Barney12 wrote: »

1 months interest lost as I had to transfer the money into the current account to cover the cheque.

My advise, steer well clear of Tesco Savings products!

I'm not excusing Tesco's delays, which are well documented on here, but my advice for all new savings accounts is to make your initial account opening cheque out for £1 or some other nominal amount.

nzseries1

I'd like to put in a good word for tesco. Sure, the application takes a while to open. But, if you're patient, you get one of the best rates around, and faster payments in AND out.