Tesco Bank launches a new marketing leading low APR credit card

Tesco Bank has today added a low APR option to its Clubcard Credit Card range, offering customers a market leading* 7.8% APR representative on purchases and 3 months 0% interest on purchases from account opening.

As an additional reward, Clubcard Credit Card customers receive Clubcard points on their spending – gaining one point for every £4 spent on their card.  The Clubcard Credit Card also doubles as a Clubcard in Tesco stores allowing customers to earn five points for every £4 spent, making it the perfect way to earn additional points**.

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

“This new option combines the comfort of a low APR with the additional value of 3 months 0% on purchases. We aim to give our customers peace of mind as well as rewarding their loyalty, and we are pleased to be increasing the range on offer to do so.”


For more information and media enquiries please contact:

Tesco Bank press office

+44 (0) 131 274 3630 

Notes to Editors:

* Information accurate at 18/09/12:

Current Placing Provider Rate   
New Tesco Bank 7.8%
1st Sainsbury’s Bank 7.8%
2nd Sainsbury’s Bank cashback 7.8%
3rd Barclaycard 7.9%
4th RBS/Natwest 9.9%






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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