Internet Saver

How do I close my Internet Saver Account?
If you want to close your Internet Saver Account or Instant Access Savings Account, you can complete our PDF closure form...
Why does my internet saver have a lower interest rate than what's currently on offer?
From time to time, we offer Bonus Interest at account opening, in addition to our standard variable rate. The bonus is offered...
When do I receive interest on my Internet Saver Account?
Standard Rate Interest is paid into your account on the 31st March.

Any Bonus Interest earned is paid at the...
What is the current Financial Services Compensation Scheme (FSCS) deposit protection limit?
From the 30 January 2017, your eligible deposits protected by the Financial Services Compensation Scheme (FSCS) increased...
How long will it take to make a payment?
It depends on the way you make the payment;
Transfer to another Tesco Bank account in your name - immediate
...
Can you open a joint Internet Saver Account?
Yes. If both parties are new to Tesco Bank, please start the application process. Both parties will need to register for...
Once I have submitted my application, does it take long to open my Internet Saver Account?
Once we've confirmed your identity your account will be opened straight away. You can pay money into your account as soon...
What is a linked account?
A Linked or Nominated Account is an account held in your name at another bank in the UK or another Tesco Bank account. You...
How do I move money out of my Internet Saver Account?
You can move money out of your account by either:

  • Tesco Bank Online Banking or via the Mobile Banking App
...
What is a dormant savings account?
We regularly review our savings accounts to check they are still active. Where you have not transacted on your accounts...