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MSE News: Tesco Bank online log-in pain 'now over'
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Phone queues are down to around 2 minutes - however the lady talking before you get into the queue adds another 2 minutes.
So 4 minutes is within my acceptable wait time and I managed to close my account.
The chap who answered was trying to get me to stay with Tesco Bank - saying he could talk me through any difficulties - all I had to do was buy a mobile phone and all the expense that involves.
I politely told him no thanks and now my money is slowly wending its way to my nominated account.
Hurrah !
Then I discover after another lengthy wait on the phone that they DON'T have a system to get round this problem for people who don't have a mobile phone.
So that's me gone... no choice... nice one TESCO.
Somehow I managed to get the year of my memorable date wrong logging into SAGA savings afterwards, so I got locked out of that account. However a phone call quickly answered, security questions, then an email from SAGA to reset my data and I was up and running again in just over 10 minutes. I shall be transferring some more to them as soon as Tesco get round to some basic customer service.
All previous online & phone security information is either lost or cannot be used anymore.
I cannot believe how my opinion of an organisation can change so dramatically!
I was actually unaware of any problems in relation to Tesco Bank until last week when i tried to transfer my money into my nominated account.
I called only to be told i had to await a call back (which i thought was strange). I waited an hour and a quarter and called again, only to be told the same. I then carried out an online search and discovered the mess Tesco Bank has created.
I waited a further 26hrs until the following afternoon (13/07/11), and my patience finally ran out and i called again - same call back story. What followed was a conversation in which i was told that i had failed the security check (even though i'd been asked no security questions...), when i asked if this was in fact due to a Tesco system / IT problem i was told no. I was told the only way to access my money was to await a new 'PIN' (for security reasons - no admission of Tesco Bank having any problems).
I still don't have the PIN, and having tried to call Tesco Bank again tonight (three times) i have not managed to speak to anyone as the lines are still too busy. I can't believe Tesco Bank have the cheek to claim that the issue is somehow resolved.
I hope the regulator takes a very good look at Tesco Banks conduct - an utter joke.
No interest from Tesco. You just have to wait 10 working days before we will do anything about it. That's 2 weeks with no access to my money.
Tesco is a JOKE. All I want is my money out!
Asked to close the account and was transferred through to some one who was clearly becoming a expert at this.
After security and a call back they will send a cheque......won't transfer it back to me electronically...mind you with their systems can't blame them for not taking the risk . !
I await the post with baited breath.
Still one lesson learnt...Don't bank with Tesco's !
Tesco have cooked their goose regarding banking for the foreseeable future, as far as I am concerned. I would have to be very confident indeed that there would be no repeat of this shambles before trusting them again.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher