Low Interest Rate Credit Card

A low rate on all your purchases – for spending if you need to

We've designed this card to give you a low interest way to spend when you're on a persistent debt payment plan with Tesco Bank.

  • Low 9.9%APR (variable) on purchases
  • Credit limits between £200-£1000 See terms below
  • Collect Tesco Clubcard points almost everywhere you use your card, plus your usual points in Tesco See terms below
  • Direct debits and payment due date alerts can be set up through Online Banking after your account has been opened to help you avoid paying late or missing a payment

Rate 9.9% APR (variable)
Interest rate on purchases 9.9% p.a. (variable)
Assumed credit limit £350

      Collect Tesco Clubcard points

      Clubcard points when you spend £4 in Tesco
      Clubcard points when you spend £4 on Tesco fuel (excluding Esso)
      Clubcard point when you spend £8 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 voucher 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.

            Sound like the right card for you?

            We need you to read this important info

            Here's what you need to know:

            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:

                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 number and sort code

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

                • Do you have another card with us, which is in persistent debt and you’ve agreed to a payment plan?
                • 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