Balance transfer credit cards

You could transfer existing balances onto one credit card and pay 0% interest on them for a fixed period.

    What is a balance transfer credit card?

      These cards are designed for transferring existing credit card balances and could help you save money if your card has a 0% interest period. When looking for a balance transfer card, you should think about the length of any 0% interest period, transfer fees and if you want to use the card for purchases.

      Rewards with Tesco Bank Credit Cards

      With our balance transfer credit cards you can collect Clubcard points almost everywhere you spend on your card, plus your usual points in Tesco. For more information see Credit Card Rewards.

      We’ve also made it simple for you to manage your money on the go with our Mobile Banking App and Online Banking.

      Need more help? You could visit our credit card jargon buster or even ask a question in the Tesco Bank Community.

        Balance Transfer Credit Card

        Our longest 0% interest period on balance transfers up to 27 months from account opening

        • 22.9% APR representative (variable) on purchases
        • Our longest 0% interest period on balance transfers for up to 27 months (3.49% fee)
        • 0% interest on money transfers for the first 9 months (3.99% fee)
        • Collect Clubcard points almost every time you shop
        Credit card

        Representative example

        Representative 22.9% APR (variable)
        Interest rate on purchases 22.9% p.a. (variable)
        Based on a credit limit of £1200  

        Your 0% interest period, APR and credit limit may vary depending on your circumstances

        All Round Credit Card

        Our card with 0% interest on purchases and transfers for up to 12 months from account opening

        • 0% interest on purchases for up to 12 months
        • 0% interest on balance transfers for up to 12 months (1.99% fee)
        • 0% interest on money transfers for up to 12 months (3.99% fee)
        • Collect Clubcard points almost every time you shop
        strawberry credit card

        Representative example

        Representative 22.9% APR (variable)
        Interest rate on purchases 22.9% p.a. (variable)
        Based on a credit limit of £1200  

        Your 0% interest period, APR and credit limit may vary depending on your circumstances

        Protect your credit score

        See if you are likely to be accepted and protect your credit score using our eligibility checker.

        Using a Tesco Bank Credit Card, you could collect:


        Points for every £4 spent in Tesco

        4 points with a Clubcard alone


        Points for every £4 spent on Tesco fuel (excluding Esso)

        2 points with a Clubcard alone


        Point for every £8 spent outside Tesco

        0 points with a Clubcard alone

        100 points = £1.00 in vouchers. Find out more about turning points to vouchers and collecting points.

        With your vouchers, you can:

          Save on groceries and fuel

          Use your vouchers to save in Tesco, as well as on fuel at Tesco petrol stations and at Esso sites with a Tesco Express

              Get up to 3x the value of your vouchers with Tesco Reward Partners

              Exchange your vouchers to use on days out, eating out and more with over 100 Tesco Reward Partners

                See how your Credit Card spend turns into Clubcard vouchers

                How much do you spend a month?







                Using one of our Credit Cards, you could collect:

                After 3 months

                After 1 year

                Clubcard points
                Clubcard vouchers
                Tesco Reward Partners up to up to

                After 3 months

                Clubcard points
                Clubcard vouchers
                Tesco Reward Partners up to

                After 1 year

                Clubcard points
                Clubcard vouchers
                Tesco Reward Partners up to

                That's 16500 more points each year than using your Clubcard alone, just for spending on a Tesco Bank Credit Card.

                turn in vouchers

                into to spend with Tesco Reward Partners

                *after 1 year

                Credit card FAQs

                What does 0% interest balance transfer mean?

                A 0% interest balance transfer means you don’t pay interest on a transferred amount until after the 0% interest period has ended. This means that all monthly payments could reduce your existing credit card balance, rather than paying off interest, for the duration of the promotional period.

                  How do balance transfers work?

                  With a balance transfer you could move credit card debt from a card that charges a higher interest rate to one with a lower rate, or with a 0% interest period on balance transfers. Though there may be a fee for transferring your balance.

                  It could help you to lower your total credit card debt by paying down your existing credit balance, rather than just paying off interest charges.

                    How long does a balance transfer take?

                    The balance transfer can take up to 2 working days from when you activate your card. If you request a balance transfer as part of your application, you'll need to activate your card within 60 days for this to be processed.

                    Your card must be activated before the balance transfer can take place. While the balance transfer is processed, please continue to make payments to your other card.

                      Can you spend on a balance transfer card?

                      Yes, you can use a balance transfer card to make purchases, though with some cards you might be charged interest for doing this.

                      If you're looking to make purchases and transfer a balance, you could consider one of our cards above that have 0% interest periods on both, within just one card.

                      Or you could use any of our balance transfer cards for purchases and won't be charged interest on them if you pay off balances that aren’t on a 0% rate, in full every month.

                        What happens to your old credit card after a balance transfer?

                        When a balance transfer has been completed, the old credit card will remain active. Keeping the old credit card open can help boost your credit score; however, you can cancel the card if you’re afraid of running up more debt.

                          Does a balance transfer affect credit score?

                          It depends. In some cases a balance transfer may temporarily decrease your credit score. This is due to the application for a new credit line, but your score should rebound quickly if there are no other factors at play. If a balance transfer helps you to reduce your debt and manage your repayments better, your credit score could improve in the long term.

                            What is APR?

                            APR is short for Annual Percentage Rate. It tells you the cost of borrowing, as a percentage of the amount you owe, over a year.

                            You can use the APR to work out how much a credit card, loan or mortgage, or other forms of credit will cost. The APR includes the interest rate charged, along with any fees.

                              What is variable APR?

                              Most credit cards have a variable APR, and all it means is that the Annual Percentage Rate for a credit card may change over time. If the APR on your card is going to change, you’ll be notified in advance.

                                What are the charges, fees and interest on my card?

                                Most of our charges and fees relate to when you move money between accounts, withdraw cash, or pay for things abroad. You may also be charged if you go over your credit limit or miss a payment. You can check your interest rate on your monthly statements.

                                To see the complete list, read our page on charges, fees, and interest.

                                  Do I get extra protection by paying with a credit card?

                                  Under Section 75 of the Consumer Credit Act you could get extra protection if something goes wrong on single purchases that cost between £100 and £30,000. So if something you've paid for turns up broken or faulty, or if it doesn't arrive at all, you may be able to get your money back through a Section 75 claim.

                                  Read more about your consumer rights on our page on the top credit card features.

                                    Can I manage my credit card online?

                                    Yes, you can manage your credit card with Online Banking or on our mobile banking app.

                                      Can I use my card overseas?

                                      Yes, your Tesco Bank Credit Card will work overseas.

                                      With each transaction in a foreign currency you’ll be charged a foreign exchange fee of 2.75% of the cost of your purchase.

                                      Get more information in our guide to using your credit and debit cards abroad.

                                        How do I collect Clubcard points?

                                        A Tesco Bank Credit Card is also a Clubcard, so when you spend on it in Tesco you’ll collect your normal Clubcard points (1 point for every £1 spent) plus an extra 1 point for every £4 you spend.

                                        When you buy Tesco fuel (excluding Esso) you’ll collect your normal Clubcard points at an enhanced rate of 1 point for every £1 spent (usually 1 point for every £2 spent with a Clubcard alone) and you’ll get 1 extra point for every £4 spent.

                                        When you spend outside Tesco you’ll collect 1 point for every £8 you spend.

                                        Points are calculated on single transactions and you must have available credit. Points collection rates are subject to change. Remember there are some things you won’t collect points on.

                                        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.

                                          What won't I collect points on?

                                          You can only collect points on purchases, so 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, see the Clubcard website for details.

                                            How do I turn points into vouchers?

                                            Every 3 months your Clubcard points are turned into Clubcard vouchers. Or you can choose to get them quicker with Faster Vouchers.

                                            Your vouchers can be used to spend at Tesco, in store or on fuel (excluding Esso), or they can be exchanged to get up to 3x the value of your vouchers with Tesco Reward Partners.

                                              How does the Clubcard points calculator work?

                                              The calculator works out how many Clubcard points you could collect if you had a Tesco Bank Credit Card and used it to pay for items in and out of Tesco.

                                              Based on the amounts you enter into the calculator, we work out the number of Clubcard points you could collect and give an idea of the amount in Clubcard vouchers.

                                              Remember though, your points will be worked out on each individual transaction that you make and not on your total monthly spend. So, this means the calculator only gives an indication and the actual points you receive could vary.

                                              Don't forget that you'll need to spend a minimum amount to begin collecting Clubcard points.

                                                How does Tesco use my data?

                                                When you open a credit card account with us you’ll be automatically enrolled into the Clubcard scheme if you’re 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 privacy notice for further information about how Tesco Stores uses your information.

                                                  Discover our other types of credit cards

                                                  Find out more about the different types of credit card we offer and how they work.

                                                    Learn more about credit cards

                                                    Managing credit card debt

                                                    5 tips to help you manage

                                                    Credit card types

                                                    How to find the right card for you

                                                    Should I get a loan to pay off credit card debt?

                                                    Credit terms and jargon guide

                                                    The terms we use explained

                                                    Credit scores explained

                                                    How your credit score works

                                                    What do credit cards offer?

                                                    Credit card features explained

                                                    Comparing credit scores

                                                    Learn more about credit ratings

                                                    Credit limits explained

                                                    How do credit limits work

                                                    Understanding credit

                                                    8 common questions about credit

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

                                                    Tesco Bank Credit Cards are available to UK residents aged 18 and over. Subject to status.