tesco second account?????

billbaylis143

hi all
brand new to this...still got a bit of wrapping around my box.
Can anybody please advise me how I get a second Tesco bank account in order to take advantage of getting the maximum interest from them.
I am a huge technophobe....I have looked on their site, but it does not seem obvious to me
cheers

agrinnall

Can you not simply click on Apply Now?


https://www.tescobank.com/current-accounts/


(I have 2 accounts but they've been open for over 2 years and I can't remember exactly what I did)

[Deleted User]

Open the account via the website?

20aday

When you click 'Apply Now' on the above link it'll recognise you from your details you've inputted and ask you to log onto the Internet Banking service to complete the application.

Brewer20

You can have 2 current accounts, they can be sole accounts or both joint accounts. To get the interest paid you need to pay-in £750 and have 3 DD's on each account per month.


They have only promised me 3% up to 1st April 2019, so what happens after I have no idea? My account was opened pre April 2017. They don't say what happens from 1st April for accounts opened after 19th Oct 2018.....


From their Q&A's


"For accounts applied for before 1 April 2017

You will earn 3% AER/2.96% Gross variable credit interest on balances up to £3,000, guaranteed from 1 April 2017 to 1 April 2019. Although this rate is variable it will not drop below 3% AER during the dates shown. Interest paid monthly.
For accounts applied for between 1 April 2017 and 19 October 2018

You will earn 3% AER/2.96% Gross variable credit interest on balances up to £3,000, guaranteed until 1 April 2019. To earn interest, each statement month you must pay in at least £750 and have at least three direct debits paid from your account. Although this rate is variable it will not drop below 3% AER during the guarantee period, provided you meet the interest conditions. Interest paid monthly."