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 22 months with no interest to pay on balance transfers​

      • 0% interest on balance transfers for up to 22 months from account opening, with a 2.98% transfer fee. Based on our assessment of your circumstances we may offer a 0% interest period of 19 or 16 months instead
      • 0% interest on money transfers for the first 12 months, with a 3.94% 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

      Representative 19.9% APR (variable)
      Interest rate on purchases 19.9% p.a. (variable)
      Assumed credit limit £1200  

      Your credit limit and APR may vary depending on your circumstances and applications are subjects to status.

      Our All Round Credit Card

      Our card with 0% interest on purchases and transfers for up to 15 months

      • 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 3.94% transfer fee
      • 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
      • 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

      Representative 19.9% APR (variable)
      Interest rate on purchases 19.9% p.a. (variable)
      Assumed credit limit £1200  

      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.

            Credit card types

            How to find the right card for you

            Credit terms and jargon guide

            The terms we use explained

            Loans - another way to borrow

            Get the facts to find the best option for you

            Collect Tesco Clubcard points

            1
            Clubcard points when you spend £1 in Tesco
            1
            Clubcard points when you spend £1 on Tesco fuel (excluding Esso)
            1
            Clubcard point when you spend £1 outside Tesco

            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.

              Turning Clubcard points into Clubcard vouchers and exclusions

              Clubcard vouchers

              Every 3 months your Clubcard points are turned into Clubcard vouchers. Or you can choose to get them quicker with Faster Vouchers. Use your Clubcard vouchers for money off your Tesco shop, or get up to 3x the value with Clubcard Reward Partners - choose from days out, travel, restaurants and more.

                What you won't collect Clubcard points on

                You'll only collect Clubcard points when you use your card to make purchases. Cash withdrawals, cash transactions, balance on money transfers, gambling transactions, buying travel money and regular payments like standing order 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.

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