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Credit Cards

Tesco Bank Foundation Clubcard Credit Card


Representative APR
28.9%
Cash Advance AER
33.9%
Interest Free Period
51 Days
Fee
£0
Int'l Charges
2.75%
Free Warranty Cover
No
Cash Back
No
Airmiles
No
Rewards
No

Representative Example: Based on a credit limit of £1200.00 charged at 28.9% variable per annum for purchases.  Representative 28.9% APR variable.

The Foundation Clubcard Credit Card from Tesco Bank


The Tesco Bank Foundation Clubcard Credit Card is a credit card with an elevated cost of credit and no annual fee. The credit card is provided by Tesco Bank with a representative APR of 28.9% and a cash AER of 33.9%. There is a usage charge of 2.75% on international transactions.

Interest Free Period
Users benefit from an interest fee period of 51 days provided the credit card balance is settled in full with each statement period. Clearing your balance each month enables interest free short-term borrowing and may positivley benefit your credit profile.

Cost of Borrowing
With a representative APR of 28.9% the Tesco Bank Foundation Clubcard Credit Card is potentiallly cheaper to use than 20 other cards listed (as of August we list 184 credit cards). The cash advance AER (Annual Equivalent Rate) of 33.9% makes this card particularly expensive compared to other cards for borrowing cash.

Recommendation
The Foundation Clubcard Credit Card is considerably more expensive to use than most standard credit cards but may be easier to obtain for users with bad credit or limited credit history. Cards such as these can be useful for first time users of credit or those looking to re-build credit status.

Before applying for this credit card, view the credit card suitability check-list below to see if the financial product is appropriate for your individual requirements and circumstances. You may also wish to view more Tesco Bank credit cards.
Is the Tesco Bank Foundation Clubcard Credit Card suitable for you?
Low Purchase Interest Rate
Low Cash Interest Rate
No Annual Fee
Cashback
Airmiles / Rewards
Gold / Platinum
May accept users with impaired credit
How does the Foundation Clubcard Credit Card from Tesco Bank compare with other credit cards in the market?
Key Feature Avg High Low
Rep APR (%) 28.9 19.7 59.9 6.4
Cash Advance AER (%) 33.9 25.4 69.9 6.5
Annual Fee (£) 0 n/a 50 0
Interest Free Period (Days) 51 n/a 60 0
Cash Back (£) 0 n/a 65.63 0
Int'l Charges (%) 2.75 2.7 2.99 0

* Comparison is made against data from 184 credit cards covering the whole of the market.


Apply


When applying for the Foundation Clubcard Credit Card, consider the following factors to encourage a successful application response from Tesco Bank.
  • If you are not sure of your current credit status or have recently made numerous applications for credit, we recommend you obtain a credit report / score from Experian or Equifax before applying to Tesco Bank.
  • You will need to supply your personal details such as your bank account information and the nature of your residence (i.e. tenant, homeowner).
  • You will need to provide details of employment and income.
  • Certain credit card issuers require details of any existing debts you may have.
  • If you are planning to do a balance transfer, have the details of card balances at hand as the majority of providers process this information during the application.

Tesco Bank Credit Cards


We currently list 6 Tesco Bank credit cards:

Useful Information


  • Tesco Bank Web Site ¬ www.tescobank.com
DISCLAIMER
THIS IS NOT AN OFFICIAL PAGE FOR THE TESCO BANK FOUNDATION CLUBCARD CREDIT CARD. EXCEPT WHERE INDICATED, MONEYGEM DOES NOT HAVE A DIRECT RELATIONSHIP WITH TESCO BANK AND DOES NOT PROVIDE CUSTOMER SERVICE OR SUPPORT FOR THIS FINANCIAL PRODUCT.

ALL RATES DISPLAYED ARE 'REPRESENTATIVE' UNLESS OTHERWISE STATED. ACTUAL RATES OFFERED ON APPLICATION MAY DIFFER AS A RESULT OF APPLICANT PROFILING AND CREDIT SCORING.

ALL DATA, INFORMATION AND OPINION IS PRESENTED HERE 'AS IS' AND SHOULD NOT BE CONSIDERED OR USED AS LEGAL FINANCIAL ADVICE.

THE ACCURACY AND COMPLETENESS OF ANY DATA / INFORMATION CANNOT BE GUARANTEED AND NO WARRANTY OR REPRESENTATION IS GIVEN.