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Previous interest rates for our Savings Accounts

This page outlines the previous interest rates on our Tesco Bank Savings Accounts. There's also a helpful glossary of rate definitions at the bottom of the page. View rate definitions

Fixed Rate Saver

One Year Term

Account applied forGross/AERGross Monthly
26/10/2016 - 01/12/20161.16%1.15%
08/09/2016 - 25/10/20161.00%1.00%
08/07/2016 - 07/09/20161.20%1.19%
26/05/2016 - 07/07/20161.40%1.39%
19/04/2016 - 25/05/20161.35%1.34%
29/01/2016 - 19/02/20161.41%1.40%
03/12/2015 - 28/01/20161.70%1.69%

15 Month Term

Account applied forGross/AERGross Monthly
26/10/2016 - 01/12/20161.18 %1.17 %
08/09/2016 - 25/10/20161.02%1.02%
08/07/2016 - 07/09/20161.22%1.21%
26/05/2016 - 07/07/20161.45%1.44%
19/04/2016 - 25/05/20161.40%1.39%
03/12/2015 - 28/01/20161.75%1.74%
06/11/2015 - 02/12/20151.95%1.93%
07/08/2015 - 05/11/20152.00%1.98%

18 Month Term

Account applied forGross/AERGross Monthly
26/10/2016 - 01/12/20161.20 %1.19 %
08/09/2016 - 25/10/20161.04%1.04%
08/07/2016 - 07/09/20161.24%1.23%
26/05/2016 - 07/07/20161.50%1.49%
19/04/2016 - 25/05/20161.45%1.44%
19/02/2016 - 18/04/20161.29%1.28%
29/01/2016 - 18/02/20161.49%1.48%
03/12/2015 - 28/01/20161.80%1.79%
06/11/2015 - 02/12/20152.00%1.98%
07/08/2015 - 05/11/20152.05%2.03%
01/07/2015 - 06/08/20151.85%1.83%

Two Year Term

Account applied forGross/AERGross Monthly
26/10/2016 - 17/11/20161.26%1.25%
08/09/2016 - 25/10/20161.10%1.09%
08/07/2016 - 07/09/20161.50%1.49%
26/05/2016 - 07/07/20161.80%1.79%
19/04/2016 - 25/05/20161.55%1.54%
29/01/2016 - 18/02/20161.51%1.50%
03/12/2015 - 28/01/20152.05%2.03%
07/08/2015 - 02/12/20152.25%2.23%
01/07/2015 - 06/08/20152.10%2.08%
22/04/2015 - 30/06/20152.00%1.98%
28/01/2015 - 21/04/20151.80%1.79%
31/10/2014 - 27/01/20152.00%1.96%

Three Year Term

Account applied forGross/AERGross Monthly
26/10/2016 - 17/11/20161.41%1.40%
08/09/2016 - 25/10/20161.20%1.19%
08/07/2016 - 07/09/20161.52%1.51%
26/05/2016 - 07/07/20161.90%1.88%
19/04/2016 - 25/05/20162.00%1.98%
19/02/2016 - 18/04/20161.80%1.79%
29/01/2016 - 18/02/20162.15%2.13%
03/12/2015 - 28/01/20162.35%2.33%
06/11/2015 - 02/12/20152.50%2.47%
07/08/2015 - 05/11/20152.35%2.33%
01/07/2015 - 06/08/20152.30%2.28%
22/04/2015 - 30/06/20152.25%2.23%
28/01/2015 - 21/04/20152.10%2.08%
31/10/2014 - 27/01/20142.30%2.28%
26/09/2014 - 30/10/20142.40%2.37%
16/09/2014 - 25/09/20142.50%2.47%
28/02/2014 - 15/09/20142.20%2.18%
08/01/2014 - 27/02/20142.30%2.28%
01/11/2013 - 07/01/20142.55%2.52%

Four Year Term

Account applied forGross/AERGross Monthly
26/10/2016 - 17/11/20161.43%1.42%
08/09/2016 - 25/10/20161.30%1.29%
08/07/2016 - 07/09/20161.55%1.54%
26/05/2016 - 07/07/20162.00%1.98%
19/04/2016 - 25/05/20162.25%2.23%
19/02/2016 - 18/04/20162.00%1.98%
29/01/2016 - 18/02/20162.40%2.37%
03/12/2015 - 28/01/20162.55%2.52%
06/11/2015 - 02/12/20152.70%2.67%
01/07/2015 - 06/08/20152.55%2.52%
22/04/2015 - 30/06/20152.50%2.47%
28/01/2015 - 21/04/20152.35%2.33%
21/11/2014 - 27/01/20152.55%2.52%
31/10/2014 - 20/11/20142.65%2.62%
26/09/2014 - 30/10/20142.75%2.72%
16/09/2014 - 25/09/20142.85%2.81%
28/02/2014 - 15/09/20142.65%2.62%
01/11/2013 - 27/02/20142.75%2.72%
21/08/2013 - 31/10/20132.65%2.62%

Five Year Term

Account applied forGross/AERGross Monthly
26/10/2016 - 17/11/20161.51%1.50%
08/09/2016 - 25/10/20161.40%1.39%
08/07/2016 - 07/09/20161.60%1.59%
15/06/2016 - 07/07/20162.10%2.08%
26/05/2016 - 14/06/20162.25%2.23%
19/04/2016 - 25/05/20162.50%2.47%
19/02/2016 - 18/04/20162.20%2.18%
03/12/2015 - 18/02/20162.80%2.76%
06/11/2015 - 02/12/20152.95%2.91%
01/07/2015 - 06/08/20152.80%2.76%
22/04/2015 - 30/06/20152.75%2.72%
28/01/2015 - 21/04/20152.60%2.57%
21/11/2014 - 27/01/20152.80%2.76%
31/10/2014 - 20/11/20143.00%2.96%
26/09/2014 - 30/10/20143.10%3.06%
16/09/2014 - 25/09/20143.20%3.15%
28/02/2014 - 15/09/20142.90%2.86%
08/01/2014 - 27/02/20143.00%2.96%
04/10/2013 - 07/01/20143.05%3.01%
21/08/2013 - 03/10/20132.95%2.91%

Instant Access Cash ISA

STANDARD INTEREST RATES (01/07/14 - 07/11/16)

Effective between 01/07/15 - 07/11/16

Saved amountsGross/AER
£1+0.75%

Effective between 01/07/14 and 30/06/15

Saved amountsGross/AER
£1+1.25%

OLDER STANDARD INTEREST RATES (19/10/12 - 30/06/14)

Effective between 19/10/12 and 05/04/14

Saved amountsGross/AER
£1+2.00% variable

Effective between 06/04/14 and 30/06/14

Saved amounts Gross/AER
£1+1.75% variable

INTRODUCTORY BONUS RATES (13/01/15 - 10/01/13)

From time to time we offer introductory bonuses on top of the Standard Interest Rate (variable).

The table below shows the different Bonus Interest rates offered:

Account applied for (inclusive)Bonus rate Gross/AERDuration (from date account opened)
19/10/12 to 10/01/13 0.50% 12 months
11/01/13 to 17/02/13 0.20% 12 months
18/02/13 to 06/03/13 0.10% 12 months
07/03/13 to 08/04/13 0.30% 12 months
22/08/14 to 12/01/15 0.20% 12 months
13/01/15 to 30/04/15 0.10% 12 months

Fixed Rate Cash ISA

Previous Rates

Account applied forGross/AER
26/10/2016 - 17/11/20161.11%
08/09/2016 - 25/10/20161.00%
15/06/2016 - 07/09/20161.16%
19/04/2016 - 14/06/20161.30%
19/02/2016 - 18/04/20161.11%
15/01/2016 - 18/02/20161.31%
21/08/2015 - 14/01/20161.75%

Instant Access Savings Account

monthly interest

All balances Gross/AER
21/01/15 - 07/11/160.60%
All balances Gross/AERNet
01/08/13 - 20/01/15 0.75% 0.60%

Older rates: 17/04/08 - 31/07/13

Effective between 28/05/09 and 31/07/13

Saved amountsGrossAERNet
£1+0.75%0.75%0.60%
£10,000+1.00%1.00%0.80%
£50,000+1.24%1.25%0.99%

Effective between 16/04/09 and 27/05/09

Saved amountsGrossAERNet
£1+1.00%1.00%0.80%
£10,000+1.24%1.25%1.00%
£50,000+1.49%1.50%1.19%

Effective between 05/03/09 and 15/04/09

Saved amountsGrossAERNet
£1+1.24%1.25%1.00%
£10,000+1.49%1.50%1.19%
£50,000+ 1.74%1.75%1.39%

Effective between 05/02/09 and 04/03/09

Saved amountsGrossAERNet
£1+1.74%1.75%1.39%
£10,000+2.23%2.25%1.79%
£50,000+2.48%2.50%1.98%

Effective between 08/01/09 and 04/02/09

Saved amountsGrossAERNet
£1+2.43%2.45%1.94%
£3,000+2.62%2.65%2.10%
£5,000+2.82%2.85%2.26%
£15,000+3.31%3.35%2.65%
£50,000+3.55%3.60%2.84%

Effective between 27/11/08 and 07/01/09

Saved amountsGrossAERNet
£1+3.31%3.35%2.65%
£3,000+3.50%3.55%2.80%
£5,000+3.70%3.75%2.96%
£15,000+4.19%4.25%3.35%
£50,000+4.43%4.50%3.54%

Effective between 17/04/08 and 26/11/08

Saved amountsGrossAERNet
£1+3.80%3.85%3.04%
£3,000+3.99%4.05%3.19%
£5,000+4.19%4.25%3.35%
£15,000+4.67%4.75%3.74%
£50,000+4.91%5.00%3.93%

annual interest

All balancesGross/AER
21/01/15 - 07/11/160.60%
All balancesGross/AERNet
01/08/13 - 20/01/150.75%0.60%

Older rates: 17/04/08 - 31/07/13

Effective between 28/05/09 and 31/07/13

Saved amountsGross/AERNet
£1+0.75%0.60%
£10,000+1.00%0.80%
£50,000+1.25%1.00%

Effective between 16/04/09 and 27/05/09

Saved amountsGross/AERNet
£1+1.00%0.80%
£10,000+1.25%1.00%
£50,000+1.50%1.20%

Effective between 05/02/09 and 04/03/09

Saved amountsGross/AERNet
£1+1.25%1.00%
£10,000+1.50%1.20%
£50,000+ 1.75%1.40%

Effective between 05/02/09 and 04/03/09

Saved amountsGross/AERNet
£1+1.75%1.40%
£10,000+2.25%1.80%
£50,000+2.50%2.00%

Effective between 08/01/09 and 04/02/09

Saved amountsGross/AERNet
£1+2.45%1.96%
£3,000+2.65%2.12%
£5,000+2.85%2.28%
£15,000+3.35%2.68%
£50,000+3.60%2.88%

Effective between 27/11/08 and 07/01/09

Saved amountsGross/AERNet
£1+3.35%2.68%
£3,000+3.55%2.84%
£5,000+3.75%3.00%
£15,000+4.25%3.40%
£50,000+4.50%3.60%

Effective between 17/04/08 and 26/11/08

Saved amountsGross/AERNet
£1+3.85%3.08%
£3,000+4.05%3.24%
£5,000+4.25%3.40%
£15,000+4.75%3.80%
£50,000+5.00%4.00%

Internet Saver

Standard interest rates (28/05/09 - 07/11/16)

Effective between 01/08/13 and 07/11/16

Saved amountsGross/AER
£1+0.75%

Effective between 28/05/09 and 31/07/13

Saved amountsGross/AERNet
£1+1.25%1.00%

OLDER STANDARD INTEREST RATES (17/04/08 - 27/05/09)

Effective between 05/04/09 and 27/05/09

Saved amountsGross/AERNet
£1+1.50%1.20%

Effective between 05/03/09 and 15/04/09

Saved amountsGross/AERNet
£1+1.75%1.40%

Effective between 05/02/09 and 04/03/09

Saved amountsGross/AERNet
£1+2.50%2.00%

Effective between 08/01/09 and 04/02/09

Saved amountsGross/AERNet
£1+3.60%2.88%

Effective between 27/11/08 and 07/01/09

Saved amountsGross/AERNet
£1+4.50%3.60%

Effective between 02/10/08 and 26/11/08

Saved amountsGross/AERNet
£1+5.00%4.80%

Effective between 17/04/08 and 01/10/08

Saved amountsGross/AERNet
£1+4.75%3.80%

INTRODUCTORY BONUS RATES (08/05/14 - 01/12/16)

From time to time we offer introductory bonuses on top of the Standard Interest Rate (variable).

The table below shows the different bonus interest rates offered:

Account applied for (inclusive)Bonus rate Gross/AERDuration (from date account opened)
18/11/16 to 01/12/160.51 %12 months
29/09/16 to 17/11/160.26%12 months
05/08/16 to 28/09/160.32%12 months
08/07/16 to 04/08/160.47%12 months
15/06/16 to 07/07/160.52%12 months
09/05/16 to 14/06/160.46%12 months
15/04/16 to 08/05/160.41%12 months
29/01/16 to 14/04/16 0.26% 12 months
15/12/15 to 28/01/160.46%12 months
02/10/15 to 14/12/15 0.75% 12 months
18/09/15 to 01/10/15 0.85% 12 months
22/04/15 to 17/09/15 0.60% 12 months
13/01/15 to 27/01/15 0.60% 12 months
21/11/14 to 12/01/15 0.65% 12 months
15/10/14 to 20/11/14 0.60% 12 months
16/09/14 to 14/10/14 0.65% 12 months
08/05/14 to 15/09/14 0.60% 12 months

OLDER INTRODUCTORY BONUS RATES (30/12/09 - 07/05/14)

Account applied for (inclusive)Bonus rate Gross/AERDuration (from date account opened)
20/03/14 to 07/05/140.45%12 months
29/01/14 to 19/03/140.55%12 months
24/01/14 to 28/01/140.75%12 months
08/01/14 to 23/01/140.80%12 months
04/10/13 to 07/01/140.75%12 months
16/09/13 to 03/10/130.65%12 months
27/03/13 to 22/04/130.25%12 months
11/01/13 to 26/03/130.50%12 months
04/12/12 to 10/01/130.75%12 months
18/10/12 to 03/12/121.15%12 months
11/07/12 to 17/10/121.35%12 months
27/10/11 to 10/07/121.55%12 months
07/04/11 to 26/10/111.65%12 months
03/02/11 to 06/04/111.45%12 months
12/08/10 to 02/02/111.35%12 months
30/12/09 to 11/08/101.50%12 months

Rate definitions

Rate definitions

  • Gross is the interest rate paid before tax is deducted.
  • Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
  • Net is the interest rate paid after tax is deducted.