Current accounts

when you spend

Extra Clubcard points when you use your
debit card

when you don't

3% AER interest on balances up to £3,000

A £5 monthly fee - which you don't pay if you deposit £750 each month.

Find out more about how a Tesco Bank Current Account can help you.

Win when you spend

Collect Clubcard points on almost everything you buy with your debit card. Plus extra points at Tesco. It's a little 'thank you' from us.

Collect one Clubcard point for every £4 you spend in Tesco, with a minimum of £4 each transaction. And one Clubcard point for every £8 you spend out of Tesco, with a minimum of £8 each transaction.

Extra Clubcard points

Win when you don't

We pay 3.00% AER (variable) / 2.96% gross interest monthly on credit balances up to £3,000.

Earn 3% AER variable

AER - is 'Annual Equivalent Rate'. It tells you the interest you'd earn by leaving your money in the account for a full year. So you're earning interest on the sum you've saved, as well as on the interest it has earned that year.

Gross - this is interest we pay before tax.

Net - this is interest we pay after tax.

Fair and simple overdrafts

One easy-to-understand interest rate. And no fee just for having an overdraft.

Here 24 hours a day

At the end of the phone. At the touch of a screen. At the click of a mouse. Whenever it suits you.

It's easy to move to Tesco Bank

The Current Account Switch Service makes it simple to move from your existing bank. Once your debit card is activated, switching takes just seven working days - guaranteed. It's the ideal way to get the most from your Tesco Bank Current Account.

Current account switch guarantee logo

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