• How do I pay money into my Fixed Rate Saver Account?

    You can move money into your account in the following ways:
    1. Contact your account provider or use their online banking service to make a one-off payment into your Account. You’ll need your Tesco Bank Savings sort code and Account number to do this – you’ll find this on your statement or your welcome letter.
    2. Posting cheques to us.
    You can post cheques to us at: Freepost TESCO BANK, 4943. No other address details are needed.
    Please ensure the cheque is made payable to the person named on the Savings Account and clearly write the Account number and sort code on the back of the cheque.
    3. You can move funds from another account you have with Tesco Bank using Online Banking or the Mobile Banking App.
    Important – please bear in mind that you can currently only make a single deposit to your Fixed Rate Saver account, so be sure before you make your deposit that this is the final amount you wish to invest. This must be paid within the first 30 days.
    Comments 2 Comments
    1. IRENEJAMES -
      I have a Tesco Internet saver account and want to transfer funds from that to a new Fixed Rate Saver - it seems that this is not possible directly, I have to move money out of the Internet Saver to an external bank a/c, then move it back into the new FR saver - Is this correct??
    1. KeiganM -
      Hi @IRENEJAMES, thanks for getting In touch. Could I ask if you've already funded your Fixed Rate Saver? This type of account is a one time deposit and no withdrawals - Keigan
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