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Tesco current account?
lucadobe
Posts: 85 Forumite
I was under the impression that if we opened a joint current account we would be allowed the 3,000 interest each...but speaking to them today we only get allowed 3,000! Anyone heard different?
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Comments
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You would need two sole accounts to get interest on £3000 each... or two joint accounts, or one sole and one joint, etc.I was under the impression that if we opened a joint current account we would be allowed the 3,000 interest each...but speaking to them today we only get allowed 3,000! Anyone heard different?0 -
I was under the impression that if we opened a joint current account we would be allowed the 3,000 interest each...but speaking to them today we only get allowed 3,000! Anyone heard different?
No one will have heard any different because the T&Cs clearly state that interest is payable on the credit balance in the account up to £3000.
If you had opened a sole account each, you could have had interest on up to £3000 each.0 -
Trying to persuade wife into getting this account...
How much interest per month a 3k balance...basic rate taxpayer0 -
dazzaofdagenham wrote: »Trying to persuade wife into getting this account...
How much interest per month a 3k balance...basic rate taxpayer
Depends how many days in the month;)
Applications suspended at the moment.0 -
In the spirit of teaching a man to fish...dazzaofdagenham wrote: »Trying to persuade wife into getting this account...
How much interest per month a 3k balance...basic rate taxpayer
Balance x gross p.a. rate / 365 x n
where n = number of days in statement month.0 -
dazzaofdagenham wrote: »Trying to persuade wife into getting this account...
How much interest per month a 3k balance...basic rate taxpayer
Roughly £7.54 interest per month (paid gross) on £3K held throughout the month.0 -
Deleted_User wrote: »Roughly £7.54 interest per month (paid gross) on £3K held throughout the month.
Thank you for the answer I asked for....0
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