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Savings Accounts

Start saving your way. Compare our different savings accounts and choose how you want to put money away.

    Instant Access Savings

    If you want to save but also have instant access to your money, we have three flexible savings accounts that could be just what you're looking for.

    Fixed rate savings

    Watch your money grow with our fixed rate savings accounts.

    • Lock your money away to earn better rates than our instant access accounts
    • Choose from a range of terms, or choose to save tax-free
    • Interest rate guaranteed for the term of your account

    Tax-free savings

    A Cash ISA is a savings account which lets you earn interest on the money you save, tax free. The current rules for ISAs are subject to change by HM Revenue & Customs.

    • Save up to £20,000 (or £9,000 for Junior ISAs) in the 2020/21 tax year
    • Squirrel it away or save flexibly - choices to suit the way you save
    • Manage your account online

    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.