Tesco Internet Saver

rangers_fc

Hi
Ive grown to like this account especially its faster payment utility a great account for doing the money transfer shuffle. However im unsure of the current rate of interest on this account. I no the bonus rate of interest was for 1 year initially but seem to remember this may have been extended. Im getting conflicting tales when I phone up the telephone dept so can somebody please clarify the current rate of interest for a account opened 18 Nov 2008 thanks did anybody get a letter recently with regards to extending the bonus rate or was I just dreaming.

D1zzy

rangers_fc wrote: »

Hi
Ive grown to like this account especially its faster payment utility a great account for doing the money transfer shuffle. However im unsure of the current rate of interest on this account. I no the bonus rate of interest was for 1 year initially but seem to remember this may have been extended. Im getting conflicting tales when I phone up the telephone dept so can somebody please clarify the current rate of interest for a account opened 18 Nov 2008 thanks did anybody get a letter recently with regards to extending the bonus rate or was I just dreaming.

I read another thread where someone mentioned their bonus had been extended 'til Nov 2010

anna42hmr

i opened my account end of ocober/beginning of november last year,

the bonus is currently1.75% then the base at the moment is 1.25% (3% combined) my deal was due to end this month, but had a letter in the post confirming extension until november 2010 (from 1st nov 09 to 1 nov 2010) i got the letter in september and they confirmed i got it automatically and dont need to do anything

mikey72

anna42hmr wrote: »

i opened my account end of ocober /beginning of november last year, the bonus is 1.75% then the base at the moment is 1.25% (3% combined) my deal was due to end this month, but had a letter in the post confirming extension until november 2010

I had the same, I also rang them yesterday, and confirmed the bonus was payable for another year.

withnell

I opened on 5th December 2008. I've been offered a further 12 month bonus, but running from January 2010

Jake'sGran

I opened two accounts, me and OH, simply because I read on here that
there were a lot of points to be had and the fact that it was instant access. I checked recently and believe I must deposit £1000 before the end of Dec or Jan to get the points.Just had a quick look and can't find it. I will deposit more as it is 3% which is better than the Egg account I had where the bonus expired.

10_66

Jake'sGran wrote: »

...I read on here that there were a lot of points to be had and the fact that it was instant access...

It's the Instant Access that's offering Clubcard points, rather than the Internet Saver this time around.

cottager

Thanks rangers_fc, very glad of this thread as I too wasn't 100% sure what the situation would be with this and was thinking of phoning -- and didn't know of the extension offers others have mentioned.

Applied very beginning of January, but after all the faffing around getting the accounts up and running in the first place, first deposits from OH and I weren't credited till mid-Feb (which presumably is what constitutes the date they were 'opened' and the present bonus runs from?), so missed out on the higher rates earlier on. I believe we're on 1.50% bonus currently.

We'll hope they're still offering extensions of the bonus come next Jan/Feb... could be very useful with bonuses on other accounts coming to an end about then.

soba

Regarding Tesco Internet Saver - I opened an account 12 Nov 2008 and had some interest paid in March this year. Now my account's been opened for over a year and I've had no more interest paid. I'm right in thinking that it's yearly interest aren't I?

10_66

If you had your interest in March 2009, then the next interest will be paid in March 2010 (unless you close the account, when you will then get paid any accrued interest up to closure date).

D1zzy

soba wrote: »

Regarding Tesco Internet Saver - I opened an account 12 Nov 2008 and had some interest paid in March this year. Now my account's been opened for over a year and I've had no more interest paid. I'm right in thinking that it's yearly interest aren't I?

Annual -paid in march - but if you close it, it is paid up to date on closure