Tescos 3% Current Account

DeanYorks · 2 March 2019 at 5:38PM

I was sorry to learn today that as from June 2019, Tescos will be reducing the interest rate from 3% to only 1%. (for a maximum of 3 grand per account)

These accounts were especially good for couples, as they could have a total of 5 accounts (two each and a joint one). Fifteen grand at 3% for instant access was pretty good considering.

Shame that all good things come to an end.

jimjames · 2 March 2019 at 5:47PM

Another thread already on it but yes shame it's dropping.

https://forums.moneysavingexpert.com/discussion/5970603/tesco-rate-reduction-later-than-planned

I still like them as a current account though

YorkshireBoy · 2 March 2019 at 5:49PM

DeanYorks wrote: »

These accounts were especially good for couples, as they could have a total of 5 accounts (two each and a joint one).

Officially It was 2 accounts each, max 4. Did you manage to sneak under their radar? If so, how long ago?

Alistair31 · 2 March 2019 at 6:22PM

Got my letter today also. Owel !

elephantrosie · 3 March 2019 at 6:40AM

got my letter yesterday.

time to switch. i have choosen RBS.

Tescos 3% Current Account

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