Rate increase for Tesco’s internet savers | Product News - Moneyfacts

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Rate increase for Tesco’s internet savers

Rate increase for Tesco’s internet savers

Category: Savings
Date: 08/01/2014

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 bonus element of its online account by 0.05%, putting it top of the bonus chart.

The basics…

Internet Saver now pays an impressive rate of 1.55% yearly, including a 0.80% bonus for 12 months (previously 0.75% bonus), with a minimum investment of just £1.

The finer details…

This no notice account must be opened and operated online. Withdrawals and further additions can be made at any time, however savers should take note that a review will be required after 12 months when the bonus expires.

Why we like it…

This review sees Tesco's popular internet account pay a top ten rate in the no notice sector, and for those that offer a bonus element it comfortably takes top spot.

Four Moneyfacts Stars have been awarded.

What Next?


Compare the best instant access savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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