Tesco Bank savings rates
Tesco Bank offers a broad range of savings accounts with interest rates up to 4.15%.

Formerly a partnership with RBS, Tesco Bank is now owned and operated by Barclays, and provides a respectable range of savings products covering instant access accounts, bonds, ISAs and junior savings. Tesco Bank's top savings rate of 4.15% is available on one of its fixed-rate bond accounts.
We currently don't have that product, but here are others to consider:
How we picked theseWe currently don't have that product, but here are others to consider:
How we picked theseWe currently don't have that product, but here are others to consider:
How we picked theseThe best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Tesco Bank offers, plus the highest interest rate currently available.
Savings account types include | Easy access, cash ISAs, fixed-rate bonds |
---|---|
Best easy access rate | 4.1% |
Best cash ISA rate | 4.05% |
Best fixed-rate bond rate | 4.15% |
Fixed bond terms | 1 year - 5 years |
Opening options | Website, telephone |
FSCS protection |
Applying for a Tesco Bank account is always online. You will need documents when applying, though. You could be asked for:
In our independent 2025 customer satisfaction survey, 77% of Tesco Bank’s users said they’d recommend the brand to a friend.
The Tesco Bank app has a rating of 4.8 out of 5 from around 300,000 reviews on the App Store. On Google Play, the app has a score of 3.3 out of 5 from over 17,000 Android app users (updated April 2025).
Email support | |
---|---|
Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
Tesco Bank savings accounts include instant access, fixed-rate and tax-free options, so should cover your needs, whether you’re looking to save little and often or in big chunks. Read our summary of today’s best savings rates to make sure it’s right for you and see how it weighs up against other savings providers.
All user-submitted reviews must meet our review guidelines. These set out our standards and expectations, including that the review is from by a genuine user of the relevant product or service and that it is honest, authentic and respectful. We explicitly prohibit fake or otherwise misleading reviews and we check all submissions, but we make no guarantee as to the authenticity of any published review or reviewer. Some reviews may be submitted (regardless of sentiment) in exchange for entry into any competition(s) for which we are the promoter.
Our research found that 41% of Brits work from home at least some of the time as of March 2025. We look at who is working from home and how working from home affects productivity.
We look at the definition of compound interest, what it concretely means and how you can use it to grow your savings more quickly.
Learn how offshore savings accounts work, which taxes you need to pay and how to score the best deal.
Whatever you’re saving for, find the right Halifax savings account for you. Our detailed guide walks you through which of Halifax’s savings accounts is for you.
Our guide to Santander’s savings accounts. From ISAs to regular savings, from fixed-term to junior saving accounts, Santander might have the option for you.
Yorkshire Building Society offers a range of savings accounts. If you’re looking to save, see our guide for more.
Nationwide’s savings account options explained. Whether you’re happy to tie up your money or need instant access, we’ve covered the options.
Read about the Post Office and the savings accounts they offer. Find out more about the services Post Office Money provide, and see if they are right for you.
Whatever you’re saving for, big or small, Barclays Bank offers a full range of savings accounts. Our guide takes you through the full range.