tesco 3% new current account

Wyrley49

It's best to wait for the first one to be active, then apply for second one that's what i did no problems. Interest is calculated daily and paid monthly, so that you could withdraw your £7.50 approx out every month and find another interest bearing home for it, leaving a maximum balance of £3000.

DonnySaver

Wyrley49 wrote: »

It's best to wait for the first one to be active, then apply for second one that's what i did no problems. Interest is calculated daily and paid monthly, so that you could withdraw your £7.50 approx out every month and find another interest bearing home for it, leaving a maximum balance of £3000.

How did you then answer the question about "Do you already have a Tesco account?" please ?

Wyrley49

I don't recall seeing that question when I applied.

noh

DonnySaver wrote: »

How did you then answer the question about "Do you already have a Tesco account?" please ?

If you wait for the first account to be set up and then apply for the second account online when already logged into internet banking you will not be asked that question and will be presented with a shortened application as they already hold all your details.

DonnySaver

Brill. Thank you.

thedude1234

DonnySaver wrote: »

How did you then answer the question about "Do you already have a Tesco account?" please ?

This question confused me at first but then read is as meaning 'do you already have more than 1 account' therefore it will be fine to proceed.

I'm going to wait for my initial application to complete and then sign up again!

Edit - just seen noh's post, will sign up through online banking for the 2nd account.

eskbanker

talexuser wrote: »

Trying to apply you get a question do you already have any current accounts with Tesco and if the answer is yes you are exited from the application process.

yipper wrote: »

one of the first questions it asks is whether you already have an account ? If you answer no to proceed, what do you do to make the second account different from the first ?

DonnySaver wrote: »

How did you then answer the question about "Do you already have a Tesco account?" please ?

It's worth reading the precise wording of the question (actually a statement) carefully, in that at https://www.tescobank.com/current-account-apply/introduction you're asked to confirm that "You do not have more than one current account with Tesco Bank already" - if you have (just) one current account already then that's not more than one!

reddeb

Just about to open 1st Tesco account, I'm at the submit details, but it asked for my banking details, I don't want to switch from my current bank and a little concerned that as they have the details they'll switch is there another page after this to say no to switching? sorry for being dim. TIA

Hasbeen

reddeb wrote: »

Just about to open 1st Tesco account, I'm at the submit details, but it asked for my banking details, I don't want to switch from my current bank and a little concerned that as they have the details they'll switch is there another page after this to say no to switching? sorry for being dim. TIA

Put your current sort code and account in.

Next page askes if you want to switch or not at this time.

Kim_13

reddeb wrote: »

Just about to open 1st Tesco account, I'm at the submit details, but it asked for my banking details, I don't want to switch from my current bank and a little concerned that as they have the details they'll switch is there another page after this to say no to switching? sorry for being dim. TIA

They always ask for an existing account's details to verify ID. I checked with them over the phone that they would not switch the account.