Money transfer credit cards
These credit cards let you move money to your bank account at 0% interest for a set amount of time.
What is a money transfer credit card?
With a money transfer credit card, you can transfer funds into your bank account, usually at 0% interest for a set period of time. You could use this money to pay off an overdraft, settle an unexpected bill or in those situations where only cash will do. You’ll need to transfer the money from your card directly into your bank account and you may have to pay a fee.
Rewards with Tesco Bank credit cards
With our money transfer credit cards you can also 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.
All Round Credit Card
Our card with 0% interest on purchases and transfers for up to 15 months from account opening
- 0% interest on purchases for up to 15 months
- 0% interest on balance transfers for up to 15 months (1.99% fee)
- 0% interest on money transfers for up to 15 months (3.99% fee)
- Collect Clubcard points almost every time you shop
Representative example
Your 0% interest period, APR and credit limit may vary depending on your circumstances
Balance Transfer Credit Card
Enjoy 9 months with no interest to pay on money transfers
- 21.9% APR representative (variable) on purchases
- Our longest 0% interest period on balance transfers for up to 33 months (2.59% fee)
- 0% interest on money transfers for the first 9 months (3.99% fee)
- Collect Clubcard points almost every time you shop
Representative example
Your 0% interest period, APR and credit limit may vary depending on your circumstances
Low Fee Balance Transfer Credit Card
Enjoy 9 months with no interest to pay on money transfers
- 21.9% APR representative (variable) on purchases
- 0% interest on balance transfers for up to 28 months (low 1.19% fee)
- 0% interest on money transfers for the first 9 months (3.99% fee)
- Collect Clubcard points almost every time you shop
Representative example
Your 0% interest period, APR and credit limit may vary depending on your circumstances
Need help?
Find out more about the different types of credit card we offer and how they work.
Protect your credit score
See if you are likely to be accepted and protect your credit score using our eligibility checker.
Helpful information about Credit Cards
What is a money transfer credit card?
You can use a money transfer credit card to pay cash straight into your bank account, often with an introductory rate of 0% interest (plus a fee) for a set amount of time. You can use one to spread the cost of something paid for with cash, if you just make sure you clear the card balance before the 0% period ends.
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 debts as more of your repayments will go to reducing the balance, rather than interest charges.
Contact us, we’re here to help
Our UK teams are here for you 24 hours a day, seven days a week.
We accept online Credit Card applications, applying is easy and takes around 10 minutes. Check your eligibility
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
Tesco Bank Credit Cards are available to UK residents aged 18 and over. Subject to status.