Online banking

Apply for your Fixed Rate Saver account

Step one of three

Make sure you're ready to apply

Some things you should know before you apply:

To apply you must be a UK resident and 18 years of age or over
Your interest will be paid into an account nominated by you, so please have your bank account details handy during the application process
If you're paying your one-off deposit by debit card please have these details ready
Once you put your money into a Fixed Rate Saver you can’t take it out during the fixed rate term. If you think you might need access to your funds during this time, for example, you are thinking about buying a house, this may not be the right account for you.

Step two of three

Make sure you’ve read the Summary Box and Terms and Conditions for this savings account:

Step three of three

Now choose your term and apply

One last reminder - once you put your money into a Fixed Rate Saver, you can't take your money out until the end of your chosen term. If you’re happy with this, choose your term and apply.

*Following the Government's introduction of the Personal Savings Allowance, Tesco Bank will no longer deduct tax from the interest you earn from your savings. Find out more.

Length of term Annual interest Gross/AER* Monthly interest Gross/AER*
1 year 1.16% 1.15%
15 months 1.30% 1.29%
2 years 1.60% 1.59%
3 years 1.80% 1.79%
5 years 2.00% 1.98%