Tesco Interest rate

Brewer20

I'm leaving my money in there but using it to fund a FD regular saver. I do shop at Tesco too so pick up a little extra with using the debit card, every little helps.......sorry:D

capital0ne

soulsaver wrote: »

Eh? Just shift the funds into a higher interest account and leave the Tesco cas open with a few pence, if you must...

Thats what I'm doing, £10 in each account and they're the okd ones pre the DD requirement.

In a few years time if interest rates move up I'll pile back in. No brainer

Voyager2002

Brewer20 wrote: »

I do shop at Tesco too so pick up a little extra with using the debit card, every little helps.......sorry:D

The rewards from using a good credit card such as Amex are greater than from using the Tesco debit card, even at Tesco. However, the debit card can be used to pay credit card bills, or even to put money into a share-dealing account, and that still earns Clubcard points.

I shall be keeping my Tesco account for this reason.

Zola.

Every little helps Tesco, in this case...

Zero_Sum

Voyager2002 wrote: »

The rewards from using a good credit card such as Amex are greater than from using the Tesco debit card, even at Tesco. However, the debit card can be used to pay credit card bills, or even to put money into a share-dealing account, and that still earns Clubcard points.

I shall be keeping my Tesco account for this reason.

Which credit card? Ive tried a few of mine & dont work.
I get points for putting money into my S&S ISA, and IFISA so ill be keeping one of my accounts for this reason also.

Amoux

I closed my Tesco account today and moved the money over to Marcus. I'm kind of glad in some ways as I think I'm done with the whole multiple current accounts, switching and moving money around fiasco.

Theres only so much you can do before you've ran out of switching incentives and interest perks, and I've reached that point where it no longer seems worth it.

Voyager2002

Zero_Sum wrote: »

Which credit card? Ive tried a few of mine & dont work.
I get points for putting money into my S&S ISA, and IFISA so ill be keeping one of my accounts for this reason also.

I have used my Tesco debit card to pay off my Amex (preferred rewards gold, I think). I may have used it to pay off Barclaycard as well: not sure.

Tharweb

soulsaver wrote: »

Eh? Just shift the funds into a higher interest account and leave the Tesco cas open with a few pence, if you must...

Just done this, was going to close, but read this last night :beer:

steveksullivan

That's another £9K Tesco don't have anymore .....


Just emptied mine and OHs accounts ....Money going to Marcus





Leaving accounts open with £0.00 as I had mine from pre DD days as well.......

relishy57

I’m switching to Halifax and RBS. Left minimal account in both Tesco accounts whilst switching goes on. I was going to close to reduce number of accounts etc but it seemed better of course to switch whilst offers are there. Put balance into Tesco internet saver for now.
Re switching I have been asked for the first time to go into a bank to prove ID? Another bank declined me due to not being paid enough (on paper) to meet monthly pay in. Possibly last switching for me,