Tesco Bank increases Fixed Saver rate - Savings - News - Moneyfacts


Tesco Bank increases Fixed Saver rate

Tesco Bank increases Fixed Saver rate

Category: Savings

Updated: 27/04/2012
First Published: 27/04/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Tesco Bank has increased the rate paid on its one year Fixed Rate Saver account.

It now offers a rate of 3.50% yearly (3.45% monthly) – an increase of 0.25%.

The increase means that the account is now the current market leader, at 3.50%. As is common with short term bonds, there is no flexibility for earlier access to funds.

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