The New Top Easy Access Savings Discussion Area

ColdIron

https://forums.moneysavingexpert.com/discussion/comment/82114084#Comment_82114084

The Standard Variable Rate applies across all accounts. It can work out well or poorly for legacy accounts. It's been 1.05% since 16th July 2025. Tesco often use the bonus rates to adapt to MPC changes but they can be quite 'sticky' and are sometimes below the usual 0.25% movements

friolento

https://forums.moneysavingexpert.com/discussion/comment/82114054#Comment_82114054

It's max £20k per day to external accounts, with £10k max per transaction. £100k max per day to other Tesco accounts - though I don't know whether this includes Barclays.

mebu60

https://forums.moneysavingexpert.com/discussion/comment/82114054#Comment_82114054

No, still the same. But they are pretty quick to answer the phone if >£10k required.

New account was on CoP immediately and test payment in arrived instantly.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82114104#Comment_82114104

It said £20k per day in my application this morning, with £10k max per transaction; says the same in the key product info

CuparLad

It does also say:

So I take it the £20K daily limit is only for "unattended" withdrawals.

castle96

CAHOOT - some of my accounts are 4.89% and some 5% ??? I have tried 'upgrade' but alll that does is explain the 3 different accounts

k_man

https://forums.moneysavingexpert.com/discussion/comment/82114206#Comment_82114206

Monthly Vs Annual interest

Freedommm

If you apply for accounts at Tesco Internet savings or at First Direct or Oxbury - which of them, if any, insist on sending you physical letters with whatever codes, instead of just using online communications?

mon3ysav3r

https://forums.moneysavingexpert.com/discussion/comment/82114341#Comment_82114341

I don't think any of Tesco Internet savings or Oxbury posted me any physical letters with one time codes etc

EDIT - I have a record of a First Direct online activation code, but can't remember if that was electronic email/text or not

janusd

https://forums.moneysavingexpert.com/discussion/comment/82114341#Comment_82114341

new to Tesco Bank, opened account today, can log in online and app, deposit arrived instantly but did say at the end of application that they woud sending a letter in the post - perhaps to confirm nominated account.