A current account that helps reward you every day
- Clubcard points on almost everything you spend on your card
- 3% AER credit interest on balances up to £3,000
- No monthly account fee
Collect extra Clubcard points with your debit card
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.
Earn 3% AER credit interest on balances up to £3,000
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.
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.