Tesco Bank to close all customer current accounts later in the year

Exterior of large Tesco store showing fascia and customers outside

Tesco Bank is closing all of its customer current accounts from the end of November and will write to those affected in the next two weeks to advise them on what to do.

The grocery giant’s banking arm launched its current accounts in 2014 with interest on balances and Clubcard spending points in a bid to win customers. 

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