Compare Tesco credit cards for September 2020

Compare Tesco's credit card range, including Clubcard rewards cards, 0% balance transfers and 0% purchase cards.

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Tesco Bank
Customers say
★★★★★
Customer satisfaction
Earn Clubcard reward points on day-to-day spending at Tesco and elsewhere
Some deals have little ongoing value after the introductory promotional period has expired

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See if you’ll be accepted for a range of cards before applying, without harming your credit score.

Compare Tesco credit cards

Table: sorted by representative APR, promoted deals first
Data indicated here is updated daily
Name Product Balance transfers Money transfers Purchases Annual/monthly fees Rep. APR Link Incentive Representative example
Tesco Bank Low APR Card
10.362%
(3.99% fee)
10.362%
(3.99% fee)
9.942%
£0
9.9% (variable)
More Info
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. Card can also be used as a Clubcard to collect standard points at 1 point per £1 spent on shopping and 1 point per £2 spent on fuel. Points are converted to Tesco vouchers which can be used towards shopping or exchanged for Partner Rewards.
Representative example: When you spend £1,200 at a purchase rate of 9.942% (variable) p.a., your representative rate is 9.9% APR (variable).
Tesco Bank Purchases Card
0% for 3 months
(2.9% fee)
0% for 3 months
(3.94% fee)
0% for 18 months reverting to 19.944%
£0
19.9% (variable)
More Info
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).
Tesco Bank All Round Card
0% for 15 months
(1.99% fee)
0% for 15 months
(3.94% fee)
0% for 15 months reverting to 19.944%
£0
19.9% (variable)
More Info
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).
Tesco Bank Balance Transfer Card
0% for 22 months
(2.98% fee)
0% for 12 months
(3.99% fee)
19.944%
£0
19.9% (variable)
More Info
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).
Tesco Bank Foundation Card
27.542%
(3.99% fee)
39.941%
(3.99% fee)
27.542%
£0
27.5% (variable)
More Info
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).
Tesco Bank Clubcard Plus Credit Card Mastercard
21.814%
(3.99% fee)
21.814%
(3.99% fee)
0% for 24 months reverting to 19.944%
£7.99 per month
37.7% (variable)
More Info
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. Card can also be used as a Clubcard to collect standard points at 1 point per £1 spent on shopping and 1 point per £2 spent on fuel. Points are converted to Tesco vouchers which can be used towards shopping or exchanged for Partner Rewards.
Representative example: When you spend £1,200 at a purchase rate of 19.944% (variable) p.a. with a fee of £7.99 per month, your representative rate is 37.7% APR (variable).
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Compare up to 4 providers

Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Types of credit cards from Tesco

Tesco offer cards 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. You can learn more about the different types of Tesco credit cards below:


Tesco 0% purchase offers

Tesco currently offers a dedicated purchase card with a lengthy interest-free period and no annual fee. Once your zero-interest period ends, you’ll pay a relatively standard rate on purchases going forward.

Tesco 0% purchase credit card


Tesco 0% balance transfer offers

Tesco Bank is one of a handful of card issuers that offers multiple balance transfer deals, so there’s more chance that one of its long 0% offers will be right for you.

Tesco balance transfer cards


Tesco rewards offers

All Tesco credit cards let you collect bonus Clubcard points when you shop, but Tesco’s “premium” cards are the fastest way to collect Clubcard points. 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.

Tesco credit card rewards


Tesco money transfer offers

Looking for a bit of flexibility to help pay off unexpected bills, or pay for something you can’t put on your credit card? Tesco’s money transfer deals let you borrow money and move it to your bank account so you can spend how it you like. You get long interest-free periods on both money transfers and balance transfers, with no annual fee.

Tesco money transfer credit card


Tesco low-rate offers

With its table-topping low representative APR, the Tesco low rate card can help keep your repayment costs down when making a purchase. However, this type of card may normally be reserved for those with good credit scores.

Tesco low interest rate credit cards


Tesco credit builder offers

If you’re looking to rebuild or improve your credit rating due to having a poor or limited credit history, you may want to consider the Tesco Foundation credit card. You’ll pay no annual fee and can even set up email or text alerts to help avoid missing repayments.

Tesco Foundation credit card


How do Tesco Clubcard credit card points work?

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.

Can I use a Tesco credit card abroad?

Yes, you can continue using your Tesco credit card abroad, though you will be charged a 2.75% foreign usage fee in both the EU and the rest of the world. You can also use your Tesco credit card online if you’re abroad.

Benefits of Tesco Bank credit cards

Tesco offer many benefits for its credit card customers, such as:

  • 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 Bank credit 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’s a range of benefits to be enjoyed with 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.

Great way to earn loyalty points and the UK call centre is very helpful.”

Tesco customer in Finder's 2020 survey

How do I apply for a Tesco credit card?

You can apply for a Tesco credit card online, and you’ll only need about 10 minutes to complete the online application process. Once you’ve applied, 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 wasn’t I approved for a Tesco credit card?

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

Find the right card for you

See if you’ll be accepted for a range of cards before applying, without harming your credit score.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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