Existing current account customers

Information on overdraft charges during COVID-19

Read our information on overdraft charges during COVID-19.

Current Account

Sorry, we’re no longer accepting new current account applications.
Keep an eye out for our exciting new plans, helping Tesco shoppers to manage their money a little better every day.
Existing customer? You can continue to use your account as normal.

Overdraft Cost Calculator

FSCS - protecting your money
FSCS - protecting your money

Financial Services Compensation Scheme

Your eligible deposits with Tesco Bank are currently protected up to the current Financial Services Compensation Scheme limit, the UK's deposit protection scheme. Any deposits you hold above the current limit are not covered.

Make managing your money simple with Tesco Bank

When you have a Tesco Bank Current Account, managing your money can be as easy as picking up your groceries. You can deposit cash and withdraw anything up to £500 at more than 300 Tesco stores nationwide. Cheques can be sent directly to us using our freepost address.

Going abroad? It’s safe and easy to use your Tesco Bank debit card overseas, and you’ll still collect Clubcard points when you make payments in a foreign currency. Just be aware that fees and charges may apply. You can also easily send and receive money from outside the UK (fees apply).

Fast and secure payments

  • Pay with contactless - make spending simple for purchases up to £45Using contactless
  • Collect Clubcard points & pay up to £250 at Tesco with your phoneFind out more
  • Available to Tesco Bank debit card holders on compatible Apple devicesFind out more

How we like to say thank you

  • Collect Clubcard points as you spend

    Collect Clubcard points when you use your Tesco debit card - online, in stores, or when you fill up at the pump.

  • Get your vouchers

    Every three months, your Clubcard points get turned into vouchers.

  • Reward yourself

    Save on your shopping at Tesco or use your vouchers with a great range of Clubcard Reward Partners such as Cineworld, PizzaExpress and Avios.

Looking for your terms and conditions?

Independent Service Quality Survey Results

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,000 customers of each of the 19 largest personal current account providers if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.

overall service quality
Current account switch guarantee

Switching to a Tesco Current Account is easy

Current account switch guarantee

The thought of switching your bank account can be daunting. But don’t be put off – we’ll take care of everything for you.

So if you already have a Tesco Current Account all you have to do is login to your online banking or give us a call to arrange a switch.

  • All of your existing payments in and out are automatically transferred to your new account
  • Once your debit card is activated, switching takes just seven working days – guaranteed

Important information

Trademarks and copyright

Apple, the Apple logo and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App store is a service mark for Apple Inc.

Google play is a trademark of Google Inc.

Contact us, we’re here to help

You may find your query has already been solved in Your Community, a place to search for answers and find support, as well as ask questions and share knowledge with other customers.

We're here to talk to you on the phone 24 hours a day, seven days a week, from here in the UK.