Tesco Bank

joe134

Goldiegirl wrote: »

I had this letter as well.


So that's one to cut out from the monthly 'funding circle'.


The £3000 can just sit there and earn interest.... although I wouldn't be at all surprised if they've got a rate cut up their sleeves

handy as a spare for switching if they do;)

ceredigion

Is this not so they can reinstate the fee/fee waver condition, when the office of fair trading say they can not offer free banking.

Kim_13

Still no letter for me, but after the link on the other thread from the Tesco Bank news site, I guess I'll get it eventually.

colsten

They don't have to write to everyone if their changes are beneficial for the account holders.

They will probably eventually do write to everyone, out of courtesy.

djpailo

colsten wrote: »

They don't have to write to everyone if their changes are beneficial for the account holders.

They will probably eventually do write to everyone, out of courtesy.

Are you sure about this? I would have thought any change, good or bad, would require the customer being notified?

System

They do have to write but not the usual 60 days ahead if it's a positive change such as this.

colsten wrote: »

They don't have to write to everyone if their changes are beneficial for the account holders.

They will probably eventually do write to everyone, out of courtesy.

chanz4

I wonder, as they have also cut the credit card benefits