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Tesco launches Student Shopper card to help students better manage their money

Tesco Gift Cards has launched a new gift card for students to help them better manage their money with the support of parents or guardians.

The Student Shopper comes with two cards; one is held by a parent or guardian and the other by the student living away from home. The parent or guardian can top up the shared balance on the cards at any Tesco store – as can the student – up to a total balance of £200. This balance is available to spend using either card in any of the 3,400 Tesco stores across the UK.

Commenting on the launch of the Student Shopper card, Mark Loch, Tesco Bank’s Group Payments and Money Services Director, said:

“Going away to university or college for the first time can be a daunting experience for students, but their parents often have some anxiety too, not least about money management and ensuring that their children have enough money to access essentials like groceries.

“The Student Shopper card aims to offer some reassurance to parents and guardians that there’s always money available for the basics like food and other essential household items.

“For students themselves, having a card dedicated to their groceries means they can keep it separate from their other spending, helping them to budget better. At a time when they’re getting to grips with a different way of life and increased independence, it’s a great way of reducing stress and ensuring there’s always food in the fridge.”

Knowing exactly how much is on the card and keeping it topped up couldn’t be easier. The balance will be displayed on the till receipt when you top up or spend using the card and both parents and students can also keep track of it by checking in store or over the phone.

The Tesco Student Shopper card is available from the main gift card display in Tesco Superstore and Extra stores and can be topped up at any time, in any Tesco store. It is free to spend the balance, which can be found on the till receipt when you top up or spend using the card.

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For more information and media enquiries please contact:

Tesco Bank Press Office
+44 (0) 131 274 3630 

Notes to editors:

  • Cards can only be loaded at manned checkouts.
  • There is a five year expiry on the card from purchase or last card use. Gift Card Terms and Conditions No refunds available. Selected stores only. Subject to availability.

Read the T&Cs on the card before you buy.

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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