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Unable tro withdraw funds from Tesco Internet Savers

I recently (within the last month) opened two Tesco Internet Savers for the purpose of setting up direct debits to these accounts to fulfill the requirements for receiving interest on some of my current accounts. The direct debits have paid out to the Internet Savers but I am unable to withdraw money from them. When attempting to transfer money from these accounts using online banking or the mobile app, I receive a message saying "We are unable to complete your transaction." I have 2 other Internet Savers that I opened a few months ago and I am able to withdraw from these with no problem. I was able to withdraw from them as soon as they were opened. I now have a total of 4 Internet Savers. Has anyone had any similar issues with making withdrawals from Internet Saver accounts?

Comments

  • jackieblack
    jackieblack Posts: 10,665 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I recently (within the last month) opened two Tesco Internet Savers for the purpose of setting up direct debits to these accounts to fulfill the requirements for receiving interest on some of my current accounts. The direct debits have paid out to the Internet Savers but I am unable to withdraw money from them. When attempting to transfer money from these accounts using online banking or the mobile app, I receive a message saying "We are unable to complete your transaction." I have 2 other Internet Savers that I opened a few months ago and I am able to withdraw from these with no problem. I was able to withdraw from them as soon as they were opened. I now have a total of 4 Internet Savers. Has anyone had any similar issues with making withdrawals from Internet Saver accounts?
    Yes, happens to me every time I want to make a withdrawal, when I rang them they said it was due to 'security issues'.
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    Quidquid Latine dictum sit altum videtur
  • Jo_Blogs
    Jo_Blogs Posts: 753 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    edited 6 February 2017 at 8:00AM
    Has anyone had any similar issues with making withdrawals from Internet Saver accounts?

    Yes!! Had problems for the past two weeks (on and off - more on than off!!) :eek: .- security issues.
    Neither can you transfer from one account to another. The only way to resolve it is to phone them :(
    Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44:starmod: for the 'Save 12k in 2017' #157
    2017 Womble #35 £3463.27 ;)Sept NSDs 4/15:staradminCCCChl 9/12 months:D
    Sept PPChl#002 Pts 71
  • Sea_Shell
    Sea_Shell Posts: 10,288 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Will it let you transfer from one account to the other, then withdraw from the account it lets you withdraw from?
    How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)
  • MyOnlyPost
    MyOnlyPost Posts: 1,562 Forumite
    I couldn't transfer out and when I rang I was told the accounts usually have a temporary block when set up but sometimes this block doesn't get automatically removed
    It may sometimes seem like I can't spell, I can, I just can't type
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