Tesco Bank ATMS - Where to find, fees, disputes and more

Nowadays, convenience is king, so finding your bank's ATMs shouldn't be a treasure hunt. Picture this: you're out and about in the bustling streets of the UK, and you urgently need cash. You're a Tesco Bank customer, but you can't seem to locate one of their ATMs nearby. It's a dilemma many of us have faced at one time or another. The frustration of searching high and low for that familiar blue and white ATM sign can be all too real.

In this article, we’re going to talk about Tesco Bank and where to find their ATMs, and also answer some frequently asked questions such as which currencies you can take out, withdrawal limits, and what to do if your card is swallowed, or you didn’t receive the money. We are going to also introduce you to Wise, a multi-currency account that will make your life easier.

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Tesco Bank

Tesco Bank¹ has been around since 1997 and today has more than 5 million customers. From current accounts to savings products, credit cards and loans to insurance services, Tesco Bank covers a wide spectrum of financial offerings, ensuring that your banking needs are met under one roof. Being the third-largest ATM network in the UK, they have a three-year modernisation project that will give communities access to free to use machines equipped with modern technology.

Where to find Tesco Bank ATMs

Tesco Bank has a fleet of more than 3,100 ATMs in the UK, offering free and convenient cash withdrawals at a wide range of Tesco stores. £1 in every £7 in the UK is withdrawn from one of their cash machines. You can also check your account balance, make a donation to their partners charities, and view special offers through their advertisements.

To locate Tesco Bank ATMs quickly and easily, visit their official Tesco store locator website. This online tool provides real-time information on the nearest ATMs, making it a reliable resource for ensuring you always have access to your funds, wherever you may be in the UK.

FAQ²

Can I take out different currency at a Tesco Bank ATM?

Tesco Bank ATMs are typically designed for British pounds (GBP) withdrawals only. If you need foreign currency, it's advisable to visit a currency exchange service or your bank to obtain the currency you require.

How to change your PIN at Tesco Bank ATM

If your card is equipped with a chip, you can change your PIN at any Tesco cash machine. However, it's important to prioritise security when selecting a new PIN. Opting for easily guessable sequences like "1234" or "6789," or using personal information such as your birthdate, should be avoided. Instead, consider selecting a memorable number that only you would associate with, adding an extra layer of safeguarding to your financial transactions.

Tesco Bank ATM withdrawal limit

You can take out cash up to your card's daily limit, as determined by your bank or card provider. To find out the exact amount you can get, just check your balance on our machines. The Tesco Bank machines can give up to £250 in one transaction.

Tesco Bank ATM Swallowed Card

Typically, most banks permit three unsuccessful tries when entering your PIN. Following this, your card might either get held by the ATM or temporarily locked, depending on your bank's policies.

If your card gets held by the ATM, regardless of the cause, Tesco won't be able to assist you with this matter, unfortunately. You should get in touch with your card issuer, who can explain the reasons behind the retention and arrange a new card issued.

Tesco Bank ATM Dispute (didn't receive money)

In the unlikely scenario where one of the Tesco Bank ATMs doesn't dispense the full amount of cash you requested, you should get in touch with your own bank to confirm if the transaction was debited from your account. If it shows as withdrawn, but you didn't receive the money, your card issuer will take the necessary steps to initiate a claim on your behalf, ensuring the return of the funds to your account.

Tesco Bank vs. Wise - International Transfer

In case you’re travelling abroad, you might consider Tesco Travel Money Service. It is a convenient service offered by Tesco that allows you to exchange your British Pounds (GBP) for foreign currency banknotes. It is designed to provide travellers with the local currency they need for international trips, offering competitive exchange rates for various destinations, making your life easier.

However, it's essential to note that Tesco Travel Money primarily focuses on providing physical currency (banknotes) rather than international bank transfers. Therefore, when it comes to international money transfers, Wise, a multi currency account, is a more suitable option. With competitive exchange rates and transparent fees, you’ll be actually saving more money.

Let’s make a comparison. You have 1,000 GBP that you want to exchange to euros (EUR) to travel around. Let’s put the transfer costs, exchange market rate, and see how much euros you would get after it.

Provider	Transfer fee	Exchange rate	Recipient gets:
Wise	4.49 EUR	1 GBP = 1.16836 EUR	1163.71 EUR
Tesco Travel Money	Free home delivery*	1 GBP = 1.1407 EUR	1140.70 EUR

*Over 500 GBP

Transfer fees and exchange rates correct at time of research - 09/02/2023

Join Wise today

It’s clear to see that with Wise, you can make the most of your money. And that’s due to the mid-market exchange rate used, the same rate that you see on Google. So, after this guide, you’ll be able to find the Tesco Bank ATMs around you, change your PIN, what to do in case the ATM doesn’t deliver your money or swallow your card, and on top of that, you know a smart way of sending money across borders, with Wise.

Please see the Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.

Sources used:

1. Tesco Bank
2. FAQ

Sources last checked on date: 02-September-2023