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Compare Tesco credit cards for June 2019

Compare the range of credit cards on offer from Tesco including 0% balance transfer and 0% purchase cards.

As well as covering a range of financial needs, Tesco’s range of credit cards can earn you Clubcard points on every transaction you make.

You’ll earn points on shopping and fuel at Tesco, and you can spend the points in-store, at the pump or with Tesco’s Reward Partners at restaurants, theme parks and more. If you’re already a Tesco shopper, this could be a significant perk. You’ll also earn points on shopping outside of Tesco, albeit at a lower earn-rate.

Crucially, when you get a Tesco credit card, it’s able to double-up as a Clubcard too – so you won’t have to hand over your regular old Clubcard when you pay in-store – you’ll earn both your regular Clubcard reward points and your new Clubcard credit card reward points just by using your credit card to pay. Got it?!

Tesco Bank credit cards use the Mastercard network, so they’re accepted pretty much anywhere that takes credit card payments.

Compare Tesco credit cards

Comparison ordered by representative APR with affiliated products shown first.
Updated June 27th, 2019
Name Product Purchases Balance transfers Annual/monthly fees Rep. APR Incentive Representative example
0% for 1 months reverting to 5.94%
0% for 1 months reverting to 6.054%
£0
5.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 5.94% (variable) p.a., your representative rate is 5.9% APR (variable).
0% for 26 months reverting to 19.944%
0% for 3 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 3 months reverting to 19.944%
0% for 28 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 3 months reverting to 19.944%
0% for 28 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 15 months reverting to 19.944%
0% for 15 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 12 months reverting to 19.944%
0% for 12 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
19.944%
0% for 20 months reverting to 21.814%
£0
19.9% p.a. (variable)
1 point per £4 spent (£4 minimum) in Tesco and 1 point per £8 spent (£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a., your representative rate is 19.9% APR (variable).
27.542%
27.542%
£0
27.5% p.a. (variable)
Collect 1 Tesco Clubcard point per £4 spent (£4 minimum) in Tesco and 1 Clubcard point per £8 spent (£8 minimum) outside Tesco in each purchase transaction.  Must have available credit to collect Clubcard points. Clubcard points are turned into Clubcard vouchers every 3 months or sooner using Faster Vouchers. Clubcard vouchers can be used in Tesco or with Clubcard Reward Partners to get even more value on dining out, hotel stays and travel.
Representative example: When you spend £1,200 at a purchase rate of 27.542% (variable) p.a., your representative rate is 27.5% APR (variable).

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Types of credit cards from Tesco

Tesco have produced a card for most typical customer requirements – whether you’re looking to save money by transferring a balance from a different card provider, earn rewards as you spend, build your credit record or spread the cost of upcoming purchases. Here’s an overview:

  • 0% purchase cards

    Some things can’t wait, but the costs of them can. Spread the cost of large purchases with 0% interest for a promotional period.
    Learn more about 0% purchase credit cards

  • 0% balance transfer cards

    Why pay interest if you don’t have to? If you’ve got outstanding balances on another credit card or store card and are paying interest, you could save money by transferring the balance.
    Learn more about 0% balance transfer rate credit cards

  • 0% balance transfer fee cards

    Transferring a balance to save on interest is a smart idea, but many people forget that you’ll usually be charged a fee for the transfer – usually a percentage of the balance. With a 0% balance transfer fee you’ll enjoy a 0% balance transfer interest period without having to pay to transfer the funds.
    Learn more about balance transfer credit cards

  • Rewards cards

    Tesco’s “premium” cards are the fastest way to collect Clubcard points when you shop. There’s normally an annual fee to pay, so whether or not the card is worth it will depend on how much you’ll be able to take advantage of the rewards.
    Learn more about reward credit cards

  • Money transfer cards

    Looking for a bit of flexibility to help pay off unexpected bills, or pay for something you can’t put on your credit card? Money transfer credit cards let you borrow money and move it to your bank account, so it’s yours to spend how you like. Transfer money from the credit card to your bank account with little or no interest on the amount transferred during a promotional period.
    Learn more about money transfer credit cards

  • Low rate cards

    With a variable representative rate of 5.9% APR this card is perfect for those looking to keep down repayment cost when making a purchase. Due to the very competitive rates these types of cards offer they are normally reserved for those with good credit scores.
    Learn more about low interest rate credit cards

  • Credit builder credit cards

    If you’re looking to re-build or improve your credit rating due to having a poor or limited credit history, then this card is designed to help you get on track and in control. You can even set up email or text alerts to help avoid missing repayments.
    Learn more about credit builder credit cards

What is APR?

If you’re comparing any credit products, it won’t be long before you’ll come across the Annual Percentage Rate (APR). This figure is designed to provide an annual summary, taking into account both interest and any mandatory charges to be paid (for example an annual fee). All lenders must calculate the APR of their products in the same way, and must tell you the APR before you sign an agreement, so for consumers it can be a handy tool for comparison.

Bear in mind, however, that lenders are only obliged to award this rate to 51% of people who take out the card – the other 49% could pay more. That’s why it’s often referred to as the representative APR.

The benefits of banking with Tesco

Tesco offer many benefits for its credit card customers and these are just some of them.

  • Customer service

    Tesco’s friendly UK teams are available 24 hours a day, 7 days a week, including Christmas day. You can contact the support team by phone, social media or go onto their community page on the website where questions are frequently answered.

  • Global acceptance

    Tesco cards use the Mastercard network, and as a result are accepted worldwide, pretty much anywhere that accepts credit cards!

  • Rewards

    Whether it’s saving points to spend on groceries, fuel or any number of other things, there are many benefits to owning and using a Tesco credit card. You can find a full list of where you can spend your Tesco Clubcard points and vouchers on the Tesco bank website.

  • Security and fraud protection

    Provided in association with “MasterCard® SecureCode™”, Tesco Bank Secure is part of the 3D Secure standard and helps protect debit or credit card against unauthorised use when you purchase from participating retailers.

How to apply for a Tesco credit card

You’ll need about 10 minutes to complete the online application process, and you should then receive a decision from Tesco within 60 seconds.

Eligibility requirements

There are some basic eligibility requirements you will need to meet to be accepted for a Tesco credit card:

  • You are aged 18 years or over.
  • You have a permanent UK home address.
  • You have a current UK bank or building society account.
  • You currently don’t hold more than 1 Tesco credit card.
  • You have not applied for a Tesco credit card in the last month.
  • You have an annual income of at least £5000.
  • You have a good credit history.

Different cards have different requirements, however, so check your eligibility against any card before you apply.

Why might you not be approved?

Typically you won’t be approved for a credit card if you have a poor credit history or don’t meet the above eligibility criteria. If you’ve got an outstanding CCJ or are on an individual voluntary arrangement (IVA) it is also likely you will not be approved. Equally, if you do not have a credit record at all, you may be turned down. It is advisable to go to Experian, or another credit rating agency, and to ask for a credit report.

Frequently Asked Questions

The NatWest Balance Transfer Credit Card (existing customers)
The NatWest Balance Transfer Credit Card (existing customers)

Balance transfers:

0% for 23 months reverting to 19.9%

Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).

M&S Bank Shopping Plus Mastercard
M&S Bank Shopping Plus Mastercard

Balance transfers:

0% for 20 months reverting to 19.9%

Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).

ASDA Money Cashback Credit Card Mastercard
ASDA Money Cashback Credit Card

Balance transfers:

0% for 12 months reverting to 19.9%

Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).

The Royal Bank Balance Transfer Credit Card (existing customers)
The Royal Bank Balance Transfer Credit Card (existing customers)

Balance transfers:

0% for 23 months reverting to 19.9%

Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).

*Disclaimer: The offers compared on this page are chosen from a range of products finder has access to track details from and is not representative of all the products available in the market. Unless indicated otherwise, products are displayed in no particular order or ranking. The use of terms "Best", "Top", "Cheap" including variations, are not product ratings and are subject to our terms of use. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.

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