Tesco Current Account Switching Incentive

agentk

I too have been waiting for about twelve months. No offer even though i have their internet saver. Loathed to open with no offer. But santander cut may force my hand assuming tesco is still 3%.

TheShape

agentk wrote: »

I too have been waiting for about twelve months. No offer even though i have their internet saver. Loathed to open with no offer. But santander cut may force my hand assuming tesco is still 3%.

Still 3% for up to £3000 x 2 accounts.

Candyapple

YorkshireBoy wrote: »

This one does too, according to the OP...

"Yesterday I received an email offering 2,500 Clubcard points for switching to them."

Here is the e-mail:

jimjames

Candyapple wrote: »

I have x2 savings accounts and x2 credit cards with Tesco, but no current account (yet).

Obviously switching offers are worth having but I'm puzzled why you'd have a savings account with them paying a very low rate when you can get 3% on the current account which beats all their savings accounts.

Candyapple

jimjames wrote: »

Obviously switching offers are worth having but I'm puzzled why you'd have a savings account with them paying a very low rate when you can get 3% on the current account which beats all their savings accounts.

You must be new here if you don't know about Tesco savings accounts.

lcfcstephen

Candyapple wrote: »

You must be new here if you don't know about Tesco savings accounts.

Am i being a bit dim? What is the benefit to Tesco savings accounts?

Ed-1

lcfcstephen wrote: »

Am i being a bit dim? What is the benefit to Tesco savings accounts?

You can use them to set up the direct debits required to gain interest on current accounts...

lcfcstephen

Ed-1 wrote: »

You can use them to set up the direct debits required to gain interest on current accounts...

Mmm, that is interesting. I'll have to look into that!

veryintrigued

Just received this email too.

Great news - 2,500 extra points (meaning more Avios) and one less dormant C/A to keep track of.

bristolleedsfan

As an existing Tesco Current Account customer, we wanted to remind you about some of the great everyday benefits of your account:
• Clubcard points on almost everything you buy with your debit card • No monthly account fee • 24/7 banking online, on the phone and via our mobile banking app • 3.00% AER/2.96% Gross variable credit interest on balances up to £3,000, and your interest paid monthly What’s more, when you request to switch your old current account to Tesco Bank between 1st October and 30th November 2016, using the Current Account Switch Service, we’ll give you 2,500 bonus Clubcard points.


Switching made simple Since you already have a Tesco Current Account, you just need to log in to online banking, select the option to switch using the Current Account Switch Service and supply the details of your old bank account. You can choose a switch date to suit you and we’ll do all the talking with your current bank and make sure your old account is closed and your salary, payments, Direct Debits and standing orders are transferred. Please note that partial switches made using the Payment Transfer Service will not qualify for the 2,500 Clubcard points. See additional T&Cs below.

Additional terms and conditions of 2,500 points offer This offer is only available to you, and is not transferrable. Only one offer is available per account, regardless of the number of old accounts you switch into your Tesco Bank Current Account. If you have already received an offer for requesting a switch in 2016, you will not be eligible for this further offer. You will receive the points as long as the account switch is requested by the offer end date and is then completed. The points will be added to the Primary account holder’s Clubcard account within six weeks of the completed switch, but may not show up on your next statement. Not to be used in conjunction with any other offer. Switching means that your old account will be closed and all payments transferred to your new Tesco Bank Current Account. A full switch can be requested through online banking or by phone.