Online banking

Online banking

cancel
Showing results for 
Search instead for 
Did you mean: 

Current Accounts

Sort by:
Each customer can have a maximum of two Tesco Bank Current Accounts, which also includes joint accounts.   Any Savings Accounts you may have with us will not impact the number of Current Accounts you can have.   An example of how the maximum number of accounts works would be if you have a joint account with your partner, you would both be eligible to apply for one more sole account each or another joint account between you.
View full article
If accepted, you will be asked to sign your agreement online. If we require additional information, this will be clearly explained at the end of your application.   After signing your agreement, we will then send you a welcome pack in the post. Your PIN and your card will arrive separately within 10 working days. Your PIN should arrive first.   Once your card arrives, activate it using either Online Banking or our Mobile Banking App. You'll then be able to use the card and start collecting Tesco Clubcard points. For joint accounts both cards need to be activated before any access to deposit or withdraw funds is available.   Please note you will not be able to use your new account until you have activated your debit card.   Should we be unable to offer you a current account, in most cases you would receive an instant decision.
View full article
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 fees to 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. Please see our Current Account product details to find out more information on your interest rates.
View full article
No, you don't have to switch any of your other current accounts when you open a Tesco Bank Current Account.
View full article
To open a current account, you must be 18 years old and need the following information:   your monthly net income after tax and deductions occupation, employer's name and address and when you started this job details of any other income you receive, for example pensions or benefits your address information for the last three years the debit card number and a recent bank account statement for any current accounts you want to switch to us Find out more about applying for a current account. 
View full article
You can activate your debit card using the Mobile Banking App or Online Banking.   If using your mobile:   Simply login to the app and you will see an ‘Activate Card’ image at the top of the app’s main carousel page. Tap this image and enter the last 4 digits of the long number on the front of your card to complete your activation. If using Online Banking:   Once logged in to Online Banking, click on your account and then select Manage account in the top right hand corner.   Select your current account on the overview page Choose ‘Activate your card’ from the left-hand menu Enter the last 4 digits of the long number on the front of your card to complete your activation
View full article
To pay a cheque in to your current account, please make sure it is signed, dated and has your sort code and account number written on the back of the cheque. Please send it with a completed bank giro slip.   FREEPOST RTGU-ULZJ-XYTK Tesco Bank PO Box 4943 Lancing BN11 9YL   You can find bank giro credit slips in your cheque book. If you don't have a cheque book for your current account, you can request a book of bank giro credit slips. Simply call us on 0345 835 3353* (or minicom 0345 366 6471*).   Lines are open 24 hours a day, seven days a week. Calls may be recorded.   *This number may be included as part of any inclusive call minutes provided by your phone operator.   You can also deposit cheques at the Customer Services desk in some of our Tesco stores. For full details and locations view our Store Locator.
View full article
The maximum amount of cash back you can withdraw using your debit card is £100.   However, some stores may have a lower limit they'll allow customers to withdraw.   You don't have to be in a Tesco store to get cashback.
View full article
You can apply for an overdraft online or by phone.   The decision is usually immediate and, if you're successful, the overdraft will be added to your account straight away. Please note, you can only have one overdraft with Tesco Bank, even if you have more than one current account with us.   Depending on the type of card you were issued with at the time of applying for your Tesco Current Account, you may not be eligible for an overdraft facility (you will know if you have this type of card as the seventh digit of the long card number across the middle of your card will be a 5). If you do, then we are unable to offer an overdraft on your account but if your circumstances change then you can apply for a new account.   If eligible, you can:   Apply online Log in to Online Banking, click on your account and then select Manage account in the top right hand corner.   Select Apply for an overdraft from Your account preferences.   Enter the overdraft amount you'd like to apply for, then Submit.   We'll let you know the amount of the arranged overdraft we'll offer you. Please note, this may be less than the amount you applied for.   If you want to accept the overdraft offer, read and confirm you've read the important information, then Submit.   To find out more about applying for an overdraft online, you can watch our ‘Manage your account’ demo video.   By phone   Call us on 0345 835 3353* (or minicom 0345 366 6471*).   Lines are open 24 hours a day, seven days a week. Calls may be recorded.    *This number may be included as part of any inclusive call minutes provided by your phone operator.   For information on our fees and charges, please see this FAQ.
View full article
If you are using your debit card abroad, a currency conversion fee of 2.75% of the purchase price will be applied.   If you withdraw cash abroad, there is an additional 1% fee on top of the 2.75% currency conversion fee.   Find out more about using your debit card abroad.    We use a Visa exchange rate to calculate the conversion fee.   View Visa's exchange rates.   For more information on our fees and charges, please see our FAQ.
View full article