Tesco Clubcard Plus Credit Card
- APR
- 22.2% – 22.2%
- Annual Fee
- $0
- Rewards
- Up to 1.0%
You'll be redirected to tescobank.com
Our Verdict
The Tesco Clubcard Plus Credit Card offers solid rewards for regular Tesco shoppers, but its high APR may deter some users.
Pros
- Earn Clubcard points on every purchase
- 10% discount in-store at Tesco twice a month
- No annual fee
- Balance transfer and purchase options available
- Rewards rate of 5 points per £4 at Tesco
Cons
- High APR of 24.9% variable
- No sign-up bonus
- Requires a good credit score (700+)
- Limited rewards outside Tesco
- Potential for overspending to earn points
The Tesco Clubcard Plus Credit Card is an appealing option for those who regularly shop at Tesco, especially given its rewards structure. Cardholders earn 5 Clubcard points for every £4 spent in-store, which can lead to considerable savings for frequent shoppers. Additionally, the card offers a notable 10% discount on in-store purchases up to twice a month, which is a compelling incentive for loyal Tesco customers.
However, it’s important to note the card's variable APR of 24.9%. This is relatively high, meaning that carrying a balance could quickly result in significant interest charges, which may outweigh the benefits of the rewards. Furthermore, there is no sign-up bonus, which may disappoint those looking for immediate incentives.
While the card is free of annual fees, it's crucial for potential applicants to have a good credit score of 700 or above to qualify. Overall, while the Tesco Clubcard Plus Credit Card is an excellent choice for Tesco loyalists, those who may not shop there frequently or who might carry a balance should consider alternative cards with lower interest rates.
Watch Out
The high variable APR can lead to significant interest charges if balances are not paid in full.
Best For
Best suited for frequent Tesco shoppers who can take advantage of the discounts and rewards.
You'll be redirected to tescobank.com
