You are here: Home - Investing - Experienced Investor - News -

Tesco Bank wins top prize in Your Money Awards 2021

Written by:
Tesco Bank scooped the award for Best Overall Provider at this year’s Your Money Awards recognising the bank’s top-notch product quality, competitiveness and customer service.
Tesco Bank wins top prize in Your Money Awards 2021

The judges evaluated Tesco Bank’s wide range of products – loans, credit cards, savings, car insurance, travel money, home insurance, pet insurance and international money transfer – comparing the pricing of the products and their value to the consumer against the bank’s competitors in the market, as well as the product structures and propositions.

Tesco Bank made it through to a shortlist of contenders for the top award. A carefully selected panel of 2,000 consumers then road tested the bank, assessing a number of metrics including the user-friendliness of its website, ease of application and support service offered.

Tesco Bank’s combined score took it to the top of the list.

Paula John, editor-in-chief of, said:

“The personal financial industry and society as a whole has been operating in unprecedented circumstances for the past 12 months and this year’s Your Money Awards aim to ensure that those firms that have continued to deliver first class outcomes for their customers over this time are acknowledged as the standard bearers of personal financial product and service provision direct to the consumer.

“Tesco Bank has proved its excellence in the face of unprecedented adversity and is a highly worthy winner of the great accolade Best Overall Provider, Your Money Awards 2021. Congratulations.”

In separate categories, Tesco Bank also took home the trophies for Best Car Insurance Provider and Best Home & Contents Insurance Provider.

Commenting on the multiple wins, Sigga Sigurdardottir, chief customer officer at Tesco Bank, said:

“At Tesco Bank, we strive to deliver banking and insurance products that have a strong emphasis on value and helpful benefits, alongside excellent customer service. We’re therefore thrilled to have won three awards at the Awards, including Best Overall Provider.  These awards are testament to our colleague’s focus on helping Tesco shoppers manage their money a little better every day.“

Click here for a full list of Your Money Award winners 2021.


There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

It’s time to get your finances in shape, and moving your cash savings to a higher paying deal is a good plac...

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

The experts’ guide to sorting out your personal finances in 2021

From opting to ‘low spend’ months to imposing your own ‘cooling-off period’, industry experts reveal t...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Privacy Preference Center