Will my money be safe in an online account?

Tesco Personal Finance subscribes to the Banking Code. We will give you further details of the Banking Code when you open an account. You can obtain a full copy of the Banking Code by clicking the link.

Deposits made with Tesco Personal Finance are protected under the UK Financial Services Compensation Scheme (www.fscs.org.uk (new window)). Payments under this scheme are limited to 100% of the first £2000 of all your deposits with us, plus 90% of the next £33,000 of your total deposits with us, less any payments made under the Icelandic scheme. This means that the maximum claim amount as at September 2007 is £31,700.

• How do I pay money into my internet saver account?
• How do I withdraw money from my internet saver account?
• Will I be penalised for withdrawing money from my internet saver account?
• Is the interest rate on the internet saver account tiered?
• How old do I have to be to open an internet saver account?