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10/06/2014
Tesco Bank Launches Its First Current Account
Tesco Bank is today launching its first current account. The account has been designed after listening to more than 20,000 customers, and includes all the key features that matter most to them.
Tesco Bank has been wholly owned by Tesco since December 2008 and now serves 6 million customers in the UK. The launch of the current account means that Tesco Bank now offers a full range of retail banking and insurance products.
Independent consumer finance websites, Defaqto and Moneyfacts, have both given the current account a '5 star' rating. The key features include:
• Rewards for customers when they spend, and rewards for customers when they don't
• Clubcard points on debit card spend wherever you use your card – both in and out of Tesco
• 3% AER variable interest on credit balances up to £3,000
Customers can apply to open an account online from today, Tuesday 10th June, with 24/7 support available from Tesco Bank’s UK based call centres.
Benny Higgins, Chief Executive Officer, Tesco Bank said: "In designing our current account we have listened to more than 20,000 customers to understand what they want. And the account we are launching today offers all the features they told us mattered most. There are no gimmicks; - just a simple, rewarding, modern, convenient current account, designed for Tesco customers, by Tesco customers."
(CVS/CD)
Tesco Bank has been wholly owned by Tesco since December 2008 and now serves 6 million customers in the UK. The launch of the current account means that Tesco Bank now offers a full range of retail banking and insurance products.
Independent consumer finance websites, Defaqto and Moneyfacts, have both given the current account a '5 star' rating. The key features include:
• Rewards for customers when they spend, and rewards for customers when they don't
• Clubcard points on debit card spend wherever you use your card – both in and out of Tesco
• 3% AER variable interest on credit balances up to £3,000
Customers can apply to open an account online from today, Tuesday 10th June, with 24/7 support available from Tesco Bank’s UK based call centres.
Benny Higgins, Chief Executive Officer, Tesco Bank said: "In designing our current account we have listened to more than 20,000 customers to understand what they want. And the account we are launching today offers all the features they told us mattered most. There are no gimmicks; - just a simple, rewarding, modern, convenient current account, designed for Tesco customers, by Tesco customers."
(CVS/CD)
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