Tesco Bank Create Current Account Switching Own Goal

By J Drew -

 After their recent announcement that they are pulling out of the current account market and closing all customer accounts that remain by 30 November, Tesco have managed to score a spectacular own goal by now cancelling the switches that customers have requested.


There are a lot of unhappy customers that want to move accounts now that Tesco Bank have stated that they will be closing yet Tesco seem to have completely underestimated how many customers would want to move. 

To deny customers the ability to move to another bank seems to go completely against the ethos of the Current Account Switching Service (CASS) that they are signed up to especially when they have told customers that they no longer want their business.

You can see that info from Tesco Bank here

https://www.tescobank.com/current-accounts/


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