Switching to Tesco 3% from Santander 123 ?

soulsaver

stylus360 wrote: »

Was there, i know they were taken over by Lloyds....

...in 1995

colsten

stylus360 wrote: »

Was there, i know they were taken over by Lloyds but apart from that it has not effected me at all.

That was the takeover before the last takeover. TSB are currently owned by Sabadell.

Brewer20

You can open a Tesco account and also their fixed rate savings account got to better than 1.5% at Santander. Even better if you shop at Tesco for your groceries, it's my main account for just this, I keep it topped up to the £3k max and collect the extras for using the debit card along with my clubcard for voucher rewards and points for Tesco mobile too.



If you have a spare £1500 to float around then open an Halifax reward account just for the switch pay out, £135 + £2 pm if you also have 2 DD's to use as an ongoing reward or ditch it after 6 months.


Of course there's the Nationwide which pays interest on their current account for 12 months and they have the regular saver

No_6

Some of these reply's ….where are you E...bank thing thing

will-he-payitoff

OP you say you have a regular saver with Nationwide, have you not got one with Santander? Also 5%

stylus360

Cheers guys, never knew Santander did a savings account as well, i presume it's the same as the Nationwide £250 month saver ??

stylus360

IanManc wrote: »

The Santander regular saver currently available pays 3%.

Will open one now, its £200 month in/£38 year interest...

If i open it today i presume i just set up a standing order for £200 month on the 21st of each month.

What happens to these accounts after the 12 month period ?

Can you start again, or is it a one off deal ??

Thanks

soulsaver

stylus360 wrote: »

Will open one now, its £200 month in/£38 year interest...

If i open it today i presume i just set up a standing order for £200 month on the 21st of each month.

What happens to these accounts after the 12 month period ?

Can you start again, or is it a one off deal ??

Thanks

So far it's repeated, although they changed the rate last time from 5 to 3%.

hollie.weimeraner

stylus360 wrote: »

Will open one now, its £200 month in/£38 year interest...

If i open it today i presume i just set up a standing order for £200 month on the 21st of each month.

What happens to these accounts after the 12 month period ?

Can you start again, or is it a one off deal ??

Thanks

Yes just start a new one. If it’s a joint account you can have one each.

stylus360

soulsaver wrote: »

So far it's repeated, although they changed the rate last time from 5 to 3%.

Yea, just opened one and transferred £200 in an set up monthly DD starting 21/01/2019.

Cheers