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Tesco Instant Access Account

I have just opened the above account and it said it had an introductory rate of 6.3% as an opening bonus. It is now showing at 5.75% - what is the current rate for a new investor?

It mentioned something about getting 500 plus 500 clubcard points.

I am now confused as to the correct rate and whether I can get the points.
An average day in my life:hello: :eek::mad: :coffee::coffee::coffee::T :o :rotfl: :rotfl: :p :eek::mad: :beer:
I am no expert in property but have lived in many types of homes, in many locations and can only talk from experience.

Comments

  • starfish10
    starfish10 Posts: 185 Forumite
    I thought it was a 1% bonus rate for six months with 50k invested (6.75%) I have sent in my application before the time was up on this offer, but the account was not opened and credited with my opening cheque until the 22nd. I rang them to see if i would get the bonus rate and they said yes as long as the application was in. This seems vaque and i hope this is clearer when I see my account online.
  • CCStar wrote: »
    I have just opened the above account and it said it had an introductory rate of 6.3% as an opening bonus. It is now showing at 5.75% - what is the current rate for a new investor?

    It mentioned something about getting 500 plus 500 clubcard points.

    I am now confused as to the correct rate and whether I can get the points.

    I opened an account on the 2nd of August and I have only just received a letter saying that they will open an account! The letter stated that I will still be getting the 1% bonus for six months as I applied before the 15th of August.

    I guess as long as you apply before the new points offer took effect, you get the old 6.75% rate.
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