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Every little helps this Christmas

Tesco Bank’s Clubcard Credit Card is set to reward customers once again this Christmas. Clubcard Credit Card customers can collect Clubcard points on all of their spending - receiving one point for every £4 spent on their card.

Tesco is helping Clubcard customers get more for their money with the return of Christmas Clubcard Exchange.  Members can exchange Clubcard vouchers and get double the value to spend on a huge range of festive goods in store and online.  With 12 departments taking part, there are thousands of products to choose from, including toys and bikes, clothing, beauty products, Finest wine and Finest champagne and Christmas decorations. Customers have until the 5th December to exchange their vouchers and until the 13th December to redeem their tokens.  For more details visit: www.tesco.com/exchange.

Using the Clubcard Credit Card helps customer’s collect even more points and is a great way for them to manage their everyday spending or to put towards bigger treats for those planning holidays over the festive season.

The Tesco Clubcard Credit Card offers customers two choices to help them manage their money:

  • 0% interest on purchases for 16 months; or
  • 0% interest on balance transfers for 22 months, with a competitive fee of 2.9%.

David McCreadie, Managing Director of Banking at Tesco Bank, commented,

“During the Christmas period we know that every little helps and the Clubcard Credit Card is a great way to make spending go further this Christmas.

“We are committed to serving our customers fairly over the long-term and reward our customers for their loyalty through great value and Clubcard rewards.”

--ENDS--

For more information and media enquiries please contact:

Tesco Bank press office

+44 (0) 131 274 3630 

Notes to Editors:

* One Clubcard point is awarded per £4 spent in each purchase transaction (£4 minimum). Must have available credit.
The Clubcard Credit card doubles as a Clubcard.
Clubcard points not received on balance transfers.
Points exclusions apply to certain products in Tesco stores – see www.tesco.com/clubcard for more information.
The Clubcard scheme is administered by Tesco Stores which is responsible for fulfilling points.
The Clubcard Credit Card currently offers 2 options to customers:

  • 0% on Balance Transfers for 22 months (2.9% Fee )with 0% on purchases for 6 months from account opening,
  • 0% on purchases for 16 months with 0% on balance transfers for 9 months (2.9% fee) from account opening.

Customers can transfer 95% of their credit limit.
Representative example: 16.9%APR representative (variable) - Based on a credit limit of £1,200** - Purchase rate of 16.9% p.a. (variable).
**Your credit limit may vary depending on your circumstances. The Tesco Clubcard Credit Card is available to over 18, UK residents only, subject to status.

About Us:

Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers manage their money every day. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. Tesco Bank participates in the Chartered Banker Professional Standards Board.

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ

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