Tesco Bank

Tesco Bank has been around since 1997 as a joint venture with Royal Bank of Scotland, but it was only in 2008 that Tesco took over the whole operation under its own banking licence.

Tesco's insurance is underwritten by a panel of various insurers.

Customers can gain Tesco Clubcard points when they purchase financial products.

Tesco is an online only bank, closing their last branches in 2016.

Tesco Bank
Gold ribbon: first place

Bank accounts

Ranked 9th of 27 providers reviewed.

Customer happiness 66%
Customer trust 57%
Complaints performance 80%
Transparency rating 58%
Fairer Finance score
Reviewed Spring 2018
65%
Gold ribbon: first place

Car insurance

Ranked 6th of 52 providers reviewed.

Customer happiness 54%
Customer trust 43%
Complaints performance 78%
Transparency rating 64%
Fairer Finance score
Reviewed Spring 2018
60%
Gold ribbon: first place

Credit cards

Ranked 17th of 35 providers reviewed.

Customer happiness 64%
Customer trust 52%
Complaints performance 80%
Transparency rating 45%
Fairer Finance score
Reviewed Spring 2018
60%
Gold ribbon: first place

Home insurance

Ranked 7th of 47 providers reviewed.

Customer happiness 57%
Customer trust 45%
Complaints performance 78%
Transparency rating 66%
Fairer Finance score
Reviewed Spring 2018
62%
Gold ribbon: first place

Personal loans

Ranked 5th of 25 providers reviewed.

Customer happiness 64%
Customer trust 51%
Complaints performance 80%
Transparency rating 52%
Fairer Finance score
Reviewed Spring 2018
62%
Gold ribbon: first place

Pet insurance

Ranked 8th of 22 providers reviewed.

Customer happiness 52%
Customer trust 45%
Complaints performance 75%
Transparency rating 60%
Fairer Finance score
Reviewed Spring 2018
58%

Savings accounts

Ranked 16th of 36 providers reviewed.

Customer happiness 54%
Customer trust 48%
Complaints performance 80%
Transparency rating 64%
Fairer Finance score
Reviewed Spring 2018
62%
Gold ribbon: first place

Travel insurance

Ranked 9th of 56 providers reviewed.

Customer happiness 57%
Customer trust 52%
Complaints performance 68%
Transparency rating 52%
Fairer Finance score
Reviewed Spring 2018
57%

Car insurance

Tesco Bank

Car Insurance

3 stars
Courtesy car for duration of repair i
Cover for keys/locks if lost i £0
Uninsured driver promise i
24hr helpline available i
Cover for keys/locks if stolen i £0
Cover for replacing original audio/visual equipment i Unlimited
Repairs guarantee (years) i 3
Windscreen repair excess i £10
Windscreen replacement excess i £75

Tesco Bank

Box Insurance

2 stars
Courtesy car for duration of repair i
Cover for keys/locks if lost i £0
Uninsured driver promise i
24hr helpline available i
Cover for keys/locks if stolen i £0
Cover for replacing original audio/visual equipment i Unlimited
Repairs guarantee (years) i 4
Windscreen repair excess i £10
Windscreen replacement excess i £70

Home insurance

Tesco Bank

Home Insurance

4 stars
Escape of water excess i £250
Matching sets i
Theft from outbuildings i £5,000
24hr helpline i
Alternative accommodation i £50,000
Cover for keys/locks if lost i Sum insured
Money in the home i £500
New for old i

Buildings insurance

Tesco Bank

Home Insurance

4 stars
Cover for keys/locks if lost i Sum insured
Matching sets i
Trace & access i £5,000
24hr helpline i
Alternative accommodation cover limit i £50,000
Compulsory excess i £100
Cover for keys/locks if stolen i Sum insured
Escape of water excess i £250
Property owner liability i £2,000,000

Contents insurance

Tesco Bank

Home Insurance

4 stars
Cover for keys/locks if lost i Sum insured
Matching sets i
Theft from outbuildings i £5,000
24hr helpline i
Alternative accomodation i £15,000
Cover for keys/locks if stolen i Sum insured
Cycles included whilst in the home i Part of sum insured
Money in the home i £500
New for old i

Pet insurance

Cat insurance

Tesco Bank

Extra £4000

4 stars
Dental cover (if due to an accident) i £4,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £4,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £4,000
Cancellation fee i £0
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £4,000
Euthanasia i £200
Loss of pet total i
MRI scans i £4,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Extra £7500

4 stars
Dental cover (if due to an accident) i £7,500
If renewed, are existing conditions covered? i
Vet fees (per condition) i £7,500
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £7,500
Cancellation fee i £0
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £7,500
Euthanasia i £200
Loss of pet total i
MRI scans i £7,500
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Premier £7,500

4 stars
Dental cover (if due to an accident) i £7,500
If renewed, are existing conditions covered? i
Vet fees (per condition) i £7,500
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £7,500
Cancellation fee i £0
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £7,500
Euthanasia i £200
Loss of pet total i
MRI scans i £7,500
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Premier £10,000

4 stars
Dental cover (if due to an accident) i £10,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £10,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £10,000
Cancellation fee i £0
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £10,000
Euthanasia i £200
Loss of pet total i
MRI scans i £10,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Standard

3 stars
Dental cover (if due to an accident) i £3,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £3,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £3,000
Cancellation fee i £0
Complementary treatment i £500
Cremation i £200
Cruciate ligament damage i £3,000
Euthanasia i £200
Loss of pet total i
MRI scans i £3,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Accident & Injury

1 stars
Dental cover (if due to an accident) i £3,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £3,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £3,000
Cancellation fee i £0
Complementary treatment i £500
Cremation i £0
Cruciate ligament damage i £3,000
Euthanasia i £0
Loss of pet total i
MRI scans i £3,000
Prescription diet (treatment of bladder stones only) i £0

Dog insurance

Tesco Bank

Extra £4000

4 stars
Dental cover (if due to an accident) i £4,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £4,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £4,000
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £4,000
Euthanasia i £200
MRI scans i £4,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Extra £7500

4 stars
Dental cover (if due to an accident) i £7,500
If renewed, are existing conditions covered? i
Vet fees (per condition) i £7,500
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £7,500
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £7,500
Euthanasia i £200
MRI scans i £7,500
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Premier £7,500

4 stars
Dental cover (if due to an accident) i £7,500
If renewed, are existing conditions covered? i
Vet fees (per condition) i £7,500
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £7,500
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £7,500
Euthanasia i £200
MRI scans i £7,500
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Premier £10,000

4 stars
Dental cover (if due to an accident) i £10,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £10,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £10,000
Complementary treatment i £1,000
Cremation i £200
Cruciate ligament damage i £10,000
Euthanasia i £200
MRI scans i £10,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Standard

3 stars
Dental cover (if due to an accident) i £3,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £3,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £3,000
Complementary treatment i £500
Cremation i £200
Cruciate ligament damage i £3,000
Euthanasia i £200
MRI scans i £3,000
Prescription diet (treatment of bladder stones only) i £0

Tesco Bank

Accident & Injury

1 stars
Dental cover (if due to an accident) i £3,000
If renewed, are existing conditions covered? i
Vet fees (per condition) i £3,000
Age compulsory excess changes i Doesn't change
Amendment fee i £0
CT scans i £3,000
Complementary treatment i £500
Cremation i £0
Cruciate ligament damage i £3,000
Euthanasia i £0
MRI scans i £3,000
Prescription diet (treatment of bladder stones only) i £0

Travel insurance

Annual multi-trip insurance

Tesco Bank

Finest

5 stars
Cancelling before travel i £10,000
Medical excess i £45
Personal possessions & baggage - damaged, lost or stolen i £2,000
Abandoning your trip i £10,000
Combined passport & travel i £400
Cutting trip short/curtailment i £10,000
Emergency medical cover and repatriation i £10,000,000
Lost or stolen cash i £250
Max trip duration i 31 days

Tesco Bank

Standard

4 stars
Cancelling before travel i £5,000
Medical excess i £60
Personal possessions & baggage - damaged, lost or stolen i £1,500
Abandoning your trip i £5,000
Combined passport & travel i £250
Cutting trip short/curtailment i £5,000
Emergency medical cover and repatriation i £5,000,000
Lost or stolen cash i £200
Max trip duration i 31 days

Tesco Bank

Everyday Value

1 stars
Cancelling before travel i £1,000
Medical excess i £75
Personal possessions & baggage - damaged, lost or stolen i £0
Abandoning your trip i £1,000
Combined passport & travel i £0
Cutting trip short/curtailment i £1,000
Emergency medical cover and repatriation i £2,000,000
Lost or stolen cash i £0
Max trip duration i 31 days

Single trip insurance

Tesco Bank

Finest

5 stars
Cancelling before travel i £10,000
Medical excess i £45
Personal possessions and baggage - damaged, lost or stolen i £2,000
Abandoning your trip i £10,000
Combined passport & travel i £400
Cutting trip short/curtailment i £10,000
Emergency medical cover and repatriation i £10,000,000
Lost or stolen cash i £250
Missed departure i £1,500

Tesco Bank

Standard

4 stars
Cancelling before travel i £5,000
Medical excess i £60
Personal possessions and baggage - damaged, lost or stolen i £1,500
Abandoning your trip i £5,000
Combined passport & travel i £250
Cutting trip short/curtailment i £5,000
Emergency medical cover and repatriation i £5,000,000
Lost or stolen cash i £200
Missed departure i £750

Tesco Bank

Everyday Value

1 stars
Cancelling before travel i £1,000
Medical excess i £75
Personal possessions and baggage - damaged, lost or stolen i £0
Abandoning your trip i £1,000
Combined passport & travel i £0
Cutting trip short/curtailment i £1,000
Emergency medical cover and repatriation i £2,000,000
Lost or stolen cash i £0
Missed departure i £0

Travel insurance add-ons

Winter sports add-on

Tesco Bank

Everyday Value

3 stars
Hiring replacement winter sports equipment i £300
Single item limit for owned equipment i £500
Ski equipment owned i £500
Avalanche closure i £350
Piste closure i £300
Single item limit for hired equipment i £500
Ski equipment hired i £500
Ski equipment owned excess i £60
Unused ski pass due to illness or injury i £250

Tesco Bank

Standard

3 stars
Hiring replacement winter sports equipment i £400
Single item limit for owned equipment i £750
Ski equipment owned i £750
Avalanche closure i £500
Piste closure i £400
Single item limit for hired equipment i £750
Ski equipment hired i £750
Ski equipment owned excess i £45
Unused ski pass due to illness or injury i £350

Tesco Bank

Finest

3 stars
Hiring replacement winter sports equipment i £400
Single item limit for owned equipment i £750
Ski equipment owned i £750
Avalanche closure i £500
Piste closure i £400
Single item limit for hired equipment i £750
Ski equipment hired i £750
Ski equipment owned excess i £45
Unused ski pass due to illness or injury i £350