The Top Easy Access Savings Discussion Area

colsten

ColdIron wrote: »

There are two interest payments. The bonus interest payment is credited to your account after the 1 year bonus period ends. The standard interest payment is credited to your account on 31st March every year. If you leave the account open both of the above will happen. If you close the account they will pay both payments to wherever you ask them to, e.g. your new internet saver. Obviously they won't pay the bonus payment twice

Which account is this, please?

ColdIron

colsten wrote: »

Which account is this, please?

The Tesco Internet Saver

colsten

ColdIron wrote: »

The Tesco Internet Saver

Thanks. I never noticed they are making two payments. All my old Tesco savings accounts are now closed, so I can't look back over them to see what they paid me and when. It was mainly minute amounts, anyway, as their main purpose was to pull DDs :A

badger09

colsten wrote: »

Thanks. I never noticed they are making two payments. All my old Tesco savings accounts are now closed, so I can't look back over them to see what they paid me and when. It was mainly minute amounts, anyway, as their main purpose was to pull DDs :A

I had to check their T&Cs too as I didn't remember 2 interest payments.

Thoroughly ashamed of myself now for doubting ColdIron:o

ColdIron

I'm on my 11th now as I tend to open these accounts at the drop of a hat and close the lower rate ones just as quickly so not many of them make it for a whole year. However two or three have. I also remember getting 1,000 Tesco Clubcard points as a thank you from the savings team a couple of times. I have a theory that these may be linked to holding them for the year. Coincidentally I had my 1.35% bonus mature yesterday so I'm curious to see if I get another CC voucher in the post, time will tell

YorkshireBoy

ColdIron wrote: »

I also remember getting 1,000 Tesco Clubcard points as a thank you from the savings team a couple of times. I have a theory that these may be linked to holding them for the year. Coincidentally I had my 1.35% bonus mature yesterday so I'm curious to see if I get another CC voucher in the post, time will tell

My 1.35% account bonus expires at the end of November. In the notification letter received a few weeks ago were 750 Clubcard points. So it didn't need to run to a year for me at least.

RG2015

YorkshireBoy wrote: »

My 1.35% account bonus expires at the end of November. In the notification letter received a few weeks ago were 750 Clubcard points. So it didn't need to run to a year for me at least.

My 1.35% expires on 10th November but I had to use my 750 point voucher before the 1st October.

badger09

ColdIron wrote: »

I'm on my 11th now as I tend to open these accounts at the drop of a hat and close the lower rate ones just as quickly so not many of them make it for a whole year. However two or three have. I also remember getting 1,000 Tesco Clubcard points as a thank you from the savings team a couple of times. I have a theory that these may be linked to holding them for the year. Coincidentally I had my 1.35% bonus mature yesterday so I'm curious to see if I get another CC voucher in the post, time will tell

YorkshireBoy wrote: »

My 1.35% account bonus expires at the end of November. In the notification letter received a few weeks ago were 750 Clubcard points. So it didn't need to run to a year for me at least.

Now I'm feeling left out.

I've had several Tesco internet savers over the years, most of them open over a year, albeit with fairly small balances. I've never received or been offered any Clubcard points:( And I do most of my grocery shopping there:cool:

EachPenny

badger09 wrote: »

Now I'm feeling left out.

I've had several Tesco internet savers over the years, most of them open over a year, albeit with fairly small balances. I've never received or been offered any Clubcard points:( And I do most of my grocery shopping there:cool:

Same with me badger09, we are clearly doing something wrong.

RG2015

badger09 wrote: »

Now I'm feeling left out.

I've had several Tesco internet savers over the years, most of them open over a year, albeit with fairly small balances. I've never received or been offered any Clubcard points:( And I do most of my grocery shopping there:cool:

EachPenny wrote: »

Same with me badger09, we are clearly doing something wrong.

That's a bit rough and I don't even use my Tesco cards at Tesco.