Best Tesco credit card
Grocery chain Tesco is not just the UK's largest supermarket, it is also one of the country's most popular credit card issuers.
Tesco offers a trolley-load of tasty deals for those looking to compare credit cards, including a best buy balance transfer credit card deal with one of the longest introductory rates in the country, and generous 0% purchase credit cards as well.
It also offers a low APR credit card, as well a top offering for those comparing deals on credit cards for bad credit. These four best credit card deals might just be Tesco's finest.
Tesco Bank Balance Transfer Credit Card
Good for: Maximum length 0% balance transfer
Tesco's balance transfer credit card leads the pack for those keen to transfer an existing card balance for the maximum possible period, with an 0% introductory rate lasting a market-leading 36 months. The card also gives you a three-month 0% introductory rate on purchases, followed by an APR of 18.9%. You can collect Clubcard points on your spending in Tesco stores and everywhere else.
Balance transfer period | 0% for 36 months (with 2.69% fee) |
Introductory purchases | 0% for 3 months |
Purchase APR | 18.9%, subject to status |
Credit requirement | Good |
Annual fee | None |
Extra benefits | 1 Tesco Clubcard point for every £4 spent (£4 min) in Tesco and 1 point for every £8 (£8 min) outside Tesco |
Tesco Bank All Round Card
Good for: One of few zero percent credit cards with no transfer fee
Tesco Bank All Round Card offers the combined attraction of a 0% balance transfer card and those tempting 0% purchase credit cards. In both cases, the introductory interest-free credit card rate lasts 12 months. What makes this card really stand out is that there is no fee on the transfer you balance from your existing card. Alternatively, Tesco offers an all-round card with a longer 15-month introductory period and a still competitive 0.85% transfer fee. Two great all-round deals with Tesco Clubcard points, too.
Balance transfer period | 0% 12 months (zero balance transfer fee) |
Introductory rate on purchases | 0% for 12 months |
Representative APR on purchases | 18.9%, subject to status |
Credit requirement | Good |
Annual fee | None |
Points and reward | One point for every £4 spent in Tesco and 1 point for £8 elsewhere |
Tesco Low APR Card
Good for: Rock bottom APR and Clubcard points
The problem with 0% credit cards is that even the longest introductory rate ultimately comes to an end, at which point you will suddenly find yourself paying an APR of 18.9% or more. That is not an issue with the Tesco Low APR Card. One of the more competitive credit card deals for those wanting the lowest possible APR, it has a representative rate of just 5.9% on purchases, and it still lets you collect Tesco Clubcard points.
Balance transfer offer | None |
Introductory rate on purchases | 0% for first month |
Representative APR on purchases | 5.9%, subject to status |
Credit requirement | Good |
Annual fee | None |
Extra benefits | One point for every £4 spent in Tesco and 1 point for £8 elsewhere |
Tesco Foundation Card
Good for: Rebuild credit and earn Clubcard points
If comparing credit cards for bad credit, make sure the Tesco Foundation Card is on your shopping list.
This is one of the best credit cards to build credit, for those with a damaged credit rating, a history of impaired or poor credit, or no credit record at all. This could help you get back on track, with flexible monthly payments from £25, and credit limits ranging from £250 to £1,500, with a representative APR 27.5%.
The Foundation card also offers email and text repayment alerts, a mobile app to help you stay on top of spending, and support from credit service Noddle.
Introductory offer period | None | |
Representative APR | 27.5% | |
Credit limit | Between £250 and £1,500, subject to status | |
Credit requirement | £5,000 annual income, £25 monthly repayment. Ideally, no County Court Judgment (CCJs) in past 18 months and no account closed in past year due to missed repayments | |
Annual fee | None | |
Financial help | Text and email alerts to prevent missed payments, plus help to understand your credit score from Noddle | |
Extra benefits | One point for every £4 spent in Tesco and 1 point for £8 elsewhere | |
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