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Average: 4 (1 vote)

lauragabrielle's picture
Written on Friday, May 30, 2014
Pros: competitive savings rates, really helpful customer service

I was quite pessimistic when I started to hear that the major supermarkets were now offering banking services. I didn’t like the idea of these huge conglomerate companies taking over more areas of business, but I found out that Tesco Bank offered some really competitive rates when it came to Cash ISAs.


Most people in this country aren’t fans of banks anyway, so in the end I figured it was actually the lesser of two evils to put my savings into a supermarket that now offered banking services.


I opted for a fixed term ISA which meant I got the same great rate for the period I was investing in, which really worked for me as it was during a time where the interest rates were all over the place. I managed to open the account online so it was really easy to arrange, and I got all the necessary paperwork through within a few days.


When it came to summarising my annual interest and keeping an eye on the money I found the service was rather handy, and whenever I spoke to someone on the phone they were very helpful and I was able to get through to them quickly.

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lauragabrielle recommends Tesco Bank

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Category: Banks
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