0% Interest Balance Transfer Credit Card

Why pay interest when you don’t have to? If you’ve got outstanding balances on other credit cards or store cards and are paying a higher rate of interest, you could save money by transferring them. This card has our longest 0% interest period on balance transfers.

0% interest on balance transfers for up to 30 months from account opening, with a 2.99% transfer fee. Based on our assessment of your circumstances we may offer a 0% interest period of 23 or 18 months instead
0% interest on money transfers for the first 0 months, with a 3.99% transfer fee
To keep your introductory rates we need to receive at least your minimum payment on time every month. Direct Debits and payment alerts can be set up through Online Banking to help you keep on track with your payments
You can transfer up to 95% of your available credit limit. Any transfers must be made within 90 days of account opening to benefit from the 0% interest rates
Manage your money with our easy to use Mobile Banking App and Online Banking services.

Representative example

Representative 20.9% APR (variable)

Interest rate on purchases 20.9% p.a. (variable)

Assumed credit limit £1200

Your credit limit, APR and introductory offer period may vary subject to your individual circumstances.

Collecting Tesco Clubcard points

You can collect Tesco Clubcard points when you spend with a Tesco Bank Credit Card, but remember you'll be charged interest on purchases with this Balance Transfer Credit Card.

If you're looking for a card with an introductory rate of 0% interest on both balance transfers and purchases, check out our range of credit cards.

About collecting Clubcard points on purchases with your Tesco Bank Credit Card

When you open a Credit Card account you will be automatically enrolled into the Clubcard scheme if you are not already a member, and Tesco Bank will share information with Tesco Stores for the operation of your Clubcard account. Clubcard accounts are managed separately by Tesco Stores, and you should visit the Tesco Stores privacy notice at https://www.tesco.com/help/privacy-and-cookies/privacy-centre/privacy-policy-information/privacy-policy/ for further information about how Tesco Stores uses your information.

Your Credit Card is also your Clubcard, so when you spend on it you'll collect your usual Clubcard points and some extra ones on top.

Using our Credit Card, for every £4 spent in Tesco you’ll collect 5 Clubcard points. That’s 1 Clubcard point for every £4 you spend, plus your normal Clubcard points (1 Clubcard point for every £1 spent) in each purchase transaction. Plus you’ll also collect 1 Clubcard point for every £8 spent outside Tesco in each purchase transaction.

With a Tesco Bank Credit Card, spending £4 filling up at Tesco (excluding Esso fuel) gets you 5 Clubcard points – 1 Clubcard point for every £4 you spend, plus your normal Clubcard points at an enhanced rate of 1 Clubcard point per £1 spent (usually 1 Clubcard point for each £2 spent) in each purchase transaction.

Clubcard points collection rates are subject to change and you must have available credit.

What you won't collect points on

You'll only collect Clubcard points when you use your card to make purchases. Cash withdrawals, cash transactions, balance or money transfers, gambling transactions, buying travel money and regular payments like standing orders and Direct Debits don't count. There are also some products at Tesco you can't collect points on, find out more at the Tesco Clubcard website.

The Tesco Clubcard Scheme is administered by Tesco Stores Limited, Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, AL7 1GA who are responsible for fulfilling Clubcard points.

Here's what you need to know:

The 0% interest rates apply from the day you open your account
If you request a balance transfer as part of your application, you'll need to activate your card within 60 days in order for this to be processed
You can't make a transfer from any other Tesco Bank Credit Cards
For money transfers: purchases made using money that has been transferred will not benefit from protection under Section 75 of the Consumer Credit Act 1974. Section 75 protection is only available if you make the purchase with you credit card (please note that not all purchases are eligible for this protection).

Tesco Bank Credit Cards are provided by: Tesco Bank, PO Box 344 Newcastle Upon Tyne, NE12 2GF

Before applying make sure you’ve read the summary box:

Tesco Bank Balance Transfer Card Summary Box (94KB, pdf)

You'll need these three things to apply:

Your address history in the past three years
Details of your annual income and your monthly take home pay
Your bank account and sort code, along with details of any other credit cards if you'd like to transfer the balances to us

Before you apply we need to check that you can say 'yes' to all of these questions:

Do you have an annual income of at least £5,000?
Are you at least 18 years of age?
Do you have a good credit history?
Do you currently hold no more than one Tesco Bank Credit Card?
Can you confirm you haven't applied for a Tesco Bank Credit Card in the last month?
Will you only be using this card for personal (not business) transactions?
Do you live in the UK or have a British Force Post Office address?
Are you a UK resident and only have tax residency in the UK?

Error: To apply for this card you must confirm that the above statements are true

I confirm that I can say 'yes' to all of the above

Balance Transfer Credit Card

Not your perfect match?

Collecting Tesco Clubcard points

What you won't collect points on

Sound like the right card for you?

Here's what you need to know:

You'll need these three things to apply:

Before you apply we need to check that you can say 'yes' to all of these questions: