If you opened your account before 1 April 2017: Until 1 April 2019 we guarantee to pay you 3%AER credit interest on balances up to £3,000. Please see our rates and feesto find out more information on your interest rates.
If you opened your account after 1 April 2017: We guarantee you’ll earn 3% AER credit interest on balances up to £3,000 until 1 April 2019. In order to benefit from this, you must pay in at least £750 and have at least three direct debits paid from your account per statement month (excluding direct debits to a Tesco Bank savings account).
Please note, you do not have to do this in order to have an account with us, but in order to receive your interest payment, you will have to meet this criteria.