Tesco Bank unveils mega offer

Tesco Bank unveils their longest ever balance transfer offer on credit cards, one of the most competitive deals on the market

David McCreadie, Managing Director Banking
David McCreadie, Managing Director Banking

The bank will offer 0% interest on balance transfers for 32 months, meaning customers pay no interest on balances until early 2017. Additionally, customers that want to make purchases on the card can get 0% interest on new transactions for three months.

Tesco Bank Clubcard Credit Card offers:

0% interest on balance transfers for 32 months, with a balance transfer fee of 2.9%
0% interest on purchases for 3 months
Access to our new Mobile Banking App, making it easier for customers to      manage their account
0% interest rates apply from account opening
Tesco Bank Clubcard Credit Card customers are rewarded with Clubcard points on their spending – receiving one point for every £4 spent on their card*, both in and out of Tesco stores. This means cardholders can collect points wherever they spend.

David McCreadie, Managing Director, Banking at Tesco Bank, commented: “We are proud to be launching this offer today, which makes our balance transfer credit card one of the most competitive currently in the market. At Tesco Bank we are committed to offering our customers great value, simple products that reward loyalty.  Today’s changes demonstrate this commitment, as we continue to provide a choice of highly competitive credit card offers to meet the needs of Tesco customers.”