Balance transfer credit cards
If you’re paying a higher rate of interest on other credit or store cards, you could save money with one of our 0% interest on balance transfer credit cards.
A balance transfer lets you switch high interest credit card debt to a card that charges you a lower rate of interest, often 0% for an introductory period – though you may pay a transfer fee. By bringing down the overall cost of what you owe, a balance transfer card could help clear outstanding balances sooner.
Remember, to keep a 0% introductory rate you must pay at least the minimum payment on time each month.
Our Balance Transfer Credit Card
Enjoy up to 26 months with no interest to pay on balance transfers
- 0% interest on balance transfers for up to 26 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 20 or 16 months instead.
- 0% interest on money transfers for the first 12 months, with a 3.99% transfer fee.
- 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.
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Representative example
Your credit limit and APR may vary depending on your circumstances and applications are subjects to status.
Our Balance Transfer and Purchases Credit Card
Our card with 0% interest on purchases and balance transfers for up to 18 months
- 0% interest on purchases for up to 18 months from account opening. Collect Tesco Clubcard points almost everywhere you spend with your card, plus your usual Clubcard points in Tesco. Terms apply
- 0% interest on balance transfers for up to 18 months from account opening, with a 2.99% transfer fee.
- 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.
Representative example
We may offer you a 0% interest period of 15 or 12 months instead depending on your individual circumstances. Your credit limit and APR may also vary and applications are subject to status.
Our All Round Credit Card
Our card with 0% interest on purchases and transfers for up to 15 months
- 0% interest on purchases for up to 15 months from account opening. Collect Tesco Clubcard points almost everywhere you spend with your card, plus your usual Clubcard points in Tesco. Terms apply
- 0% interest on balance transfers for up to 15 months from account opening, with a 1.99% transfer fee.
- 0% interest on money transfers for up to 15 months from account opening, with a 3.99% transfer fee.
- 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.
Representative example
We may offer you a 0% interest period of 12 or 9 months instead depending on your individual circumstances. Your credit limit and APR may also vary and applications are subject to status.
Can't see the right card for you? There's more to choose from. Check out our full range of credit cards.
Use our handy credit card selector to work out how long it could take for you to clear your balance and how much it might cost you
Helpful information about credit cards
Can you spend on a balance transfer card?
Some balance transfer cards have an introductory rate of 0% interest on purchases. Others will charge interest on your spending. So make sure you know all the ins and outs before you open a new account.
How do balance transfers work?
A balance transfer moves credit card debt from a card that charges a higher rate of interest to one that charges a lower rate.
By making a balance transfer, you could lower the cost of credit card debt as more of your repayments will go to reducing the balance, rather than interest charges.
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Collect Tesco Clubcard points
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. Exclusions on collecting Clubcard points apply, expand below to read more.
Tesco Bank Credit Cards are provided by: Tesco Bank, PO Box 344 Newcastle Upon Tyne, NE12 2GF