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Current Accounts

Will I earn interest on my current account?

Please see our rates and fees page to find out more information on your interest rates.

We have recently announced changes to our credit interest rates, you can find more information here



Hi @yassine1345, how can I help you? - Thomas



Given the recent announcement that Tesco Bank will be reducing the interest rate on Current Accounts from 1% to 0% from 22 September 2020, can you tell me whether there will be any requirement to maintain the minimum £750 monthly pay in / 3 monthly direct debits to keep the account open?


Kind regards

Hi @kimmyl30, thanks for getting in touch. So I can help, could you please send a private message to @Tesco-Bank? - Keigan

ok sure.

Thanks for sending over a private message, Kim. There won't be any requirements to maintain the minimum payment and the 3 monthly direct debits, however, if this were to change, we'd be in touch to let you know. I hope this helps - Keigan