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Tesco Bank: Current account (discontinued) reviews

Name: Current account (discontinued)
Rating: 4.41 (70 reviews)

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4.41

Based on 70 reviews, last reviewed 20th Aug 2026

100% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

64%

21%

Latest highest rating:

5

fast answer and low interest good availibiliti fast answer and low interest good availibiliti Reviewed on: 17th April 2026

Latest lowest rating:

2

Now just another pointless current account Once very attractive bank with great savings accounts, now just a dead duck like so many others. Shame because every little did help Reviewed on: 11th March 2021

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About this product

Tesco Bank stopped offering current accounts to new customers in 2019 and permanently closed all remaining personal current accounts in 2021.

Review Tesco Bank: Current account (discontinued) now

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Tesco Bank Current account (discontinued) reviews (70)

A great account, easy to use online

I opened this account online and found the process easy and effective. I can log in easily and would recommend Tesco Bank. Reviewed on: 14th March 2017

Decent Interest Rate

Opened a current account and have input £3,000 for which I will receive 3% interest - guaranteed up to 01.04.19. Don't need to pay anything in monthly, don't need any Direct Debits. Great. Whats not to like.! Suspended now as too much interest. Still I was lucky!! Reviewed on: 4th March 2017

Easy great rate

A great rate of 3% on £3k of savings. Reviewed on: 2nd March 2017

great interest paying current account

great current account that you can manage online and by app, pays 3% up to £3000 and no minimum pay in or direct debit payouts so basically a savings account Reviewed on: 1st March 2017

Simple way to get 3%

Current account pays 3% on up to £3000 and you can have 2 - so 3% on up to £6000. No monthly pay in is necessary, so simply use as a savings account. Understand rate will last for 2 years. Reviewed on: 1st March 2017

Great interest frozen for 2 years, plus Tesco benefits

3% interest on up to £3000, which has been frozen for 2 years, unlike other companies which have lowered their interest rates. Requires no monthly deposit into the account either. Great benefits with clubcard points when you spend money on the card in general, and extra points when shopping at Tesco in store or online. Reviewed on: 1st March 2017

At least 3%

Opened up a £3k account (offering at least 3% til April 2019 - good rate, no DDs required, no monthly pay-in required. Reviewed on: 9th February 2017

Current savings

Nice easy current account that I use for savings. Great interest rate with easy access to my money without any hassle of having to keep doing direct debits or pay in. Will never understand why they don't just do a great savings account and call it that! Reviewed on: 31st January 2017

Great Customer Service

Had to speak to customer service a few times due to fraudulent use on my account and they were really helpful and sorted out the problem straight away. Definitely recommend Reviewed on: 21st December 2016

App is great, service is amazing, and good benefits

Good service and company all round, great benefits and great mobile banking app Reviewed on: 1st December 2016

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