Tesco | Low APR credit card

APR: 5.9% Representative
Intro purchase rate: 0% for 1 months
Purchase rate: 5.9%
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Tesco | Low APR credit card customer reviews

2.7 out of 5 from 110 reviews

an ok experience

20:05 03-01-2018

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I've had a loan with Tesco interest rate was really low, but the pay back date latest they could do this was on the 25th but my pay day was on the 28th so payments got missed and they weren't able to help me, but overall it was an okay company to get a loan with.

Bethany noble

They cancelled my card with no warning - as an "industry wide prevention measure"

13:52 06-12-2017

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I actually can't believe this just happened. I have had a Tesco credit card for many years. Usually if they think there has been fraudulent activity, they ring you to confirm your transactions. Today I received a text stating my card had been cancelled due to an "industry wide fraud prevention measure". I phoned them to confirm, and they said that it was correct, and a large amount of people have been affected. The new card will come in 9 working days!!!! This is so inconvenient - I am going abroad next week - I was planning on using my credit card, as I don't like carrying large amounts of cash with me. I am so mad about this. They are not even giving a proper reason why so many people have been affected. Ive had credit cards for over twenty years, and never been in such a mess :(


Not a great start

21:02 01-12-2017

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Applied for the account over 2 weeks ago, still waiting for my card. Lots of confusion & not a great deal of help. Fingers crossed it gets better from here!

Michael Harris

no loyalty

13:50 21-11-2017

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I have had a tesco credit card for 14 years. I have spent over £740,000 on that card. I was 6 days late paying and have been charges £70 interest and £12 late payment fee. They are venal, smug and immoral, and from now On I will never, ever transact with tesco again.

tom ryves


14:34 27-09-2017

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After coming across the offer for the card I ultimately received, I was amazed at how quick the process was to apply and whether I was accepted or not, the decision took only a couple of minutes. No waiting around and pondering. The rate given was great, customer service has been brilliant and I couldn't be happier. I get notifications when bills are ready and using the app is very quick and easy. A recommended company from myself.

Allan Kimuli

Check the small print

11:55 15-09-2017

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We have had a Tesco Credit Card for years. We tried to claim from them as we believed our purchases were covered for 90 days.... Apparently not the case, so check the small print and if this feature is important to you don't use Tesco.

Scally Wag

Every little helps!

21:50 01-09-2017

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The Clubcard Credit Card is a great way of spending money whilst accumulating additional clubcard points, either in Tesco or other stores. In no time you can convert your points into offers worth 3 or 4 times the value of the points.

Ken Diaz

28 month Interest free card.

19:57 01-09-2017

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Applied for a 28 month Interest free card, rang customer services. Helpful staff and quick to approve me.

David Baxter

great product & REWARDS

14:46 04-07-2017

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Tesco Bank are really great for customer services & their clubcard credit card is great for rewards which can be used against future shopping or swapped to double or quadruple the value of them to spend in restaurants, hotels etc


Great service

19:43 29-06-2017

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Great service Always helpful Fab interest free on purchases period Also acts as a club card and spending earns me club card points

Megan jones

Our review of Tesco | Low APR credit card

Our review by Alex
Written by: Alex
Consumer sentiment


As you’d expect, the main benefit of the Tesco Low APR Credit Card is indeed the competitive rate of APR. At time of writing this is one of the cheapest on Choose Wisely and is the lowest rate that Tesco offer on any of their cards. As well as the cheap interest rate customers also receive 0% interest on purchases and balance transfers for the first month of the account opening, and the balance transfer fee is also set at 0% for that time as well. You’ll be able to transfer up to 95% of your credit limit, but this can’t be from another credit card from Tesco Bank.

If you’re a frequent Tesco customer then you might enjoy this card for the Clubcard points that you can accrue. For every £4 spent in store you can receive 1 point, and even if you shop elsewhere you can still earn them at a rate of 1 point per £8 spend. These points can then be exchanged for nights out, restaurant vouchers or money off your shopping. This is a nice little added benefit that most of their competitors can’t offer.

The OPTIOSCORE for the Tesco Low APR Credit Card is average across all the categories, with nothing standing out as particularly positive. Unfortunately, there are no reviews online that are specific to the Low APR Credit Card, but for their cards overall Tesco Bank have been given a rating of ‘poor’ by TrustPilot. Although there are customers who are happy with their experience, there does seem to be an issue with customers having to jump through hoops at the application stage and still getting declined.

Overall verdict: If you are an avid collector of Tesco Clubcard points and have a good credit history then the Low APR Credit Card is an affordable option that’s worth considering. Not practical if you want to do balance transfers as you’ll still have to pay interest.


  • Competitive representative APR
  • 0% on balance transfers and purchases for the first month
  • Earn Clubcard points as you spend
  • Decision within a minute
  • Links up with Apple Pay
  • Manage the card with the mobile app

Minimum criteria

  • You must be aged over 18
  • You need to be a UK resident
  • You must earn at least £5,000 per year
  • You must have good credit history
  • You don’t already have more than 1 Tesco Bank credit card
  • You have not applied for a Tesco Bank credit card within the last month

About Tesco | Low APR credit card

The Tesco Low APR Credit Card has a representative APR of 5.9% and customers pay 0% interest on purchases and balance transfers for the first month. Customers also don’t have to pay a fee for balance transfers within the first month, but after this time it will increase to 3%. The minimum credit limit is £250 and the maximum credit limit will be decided by Tesco during the application process taking into account previous credit history and personal circumstances.

The application process takes around 10 minutes and you can be told within one minute whether you’re accepted for the Tesco Low APR Credit Card. Customers can manage their cards using either the mobile app or by logging in online, your card can also be linked to Apple Pay. When spending with the Low APR Credit Card you can also earn Clubcard points as you spend – it’s 1 point for every £4 spend with Tesco and 1 point per £8 if spending elsewhere. These points can then be exchanged for vouchers or treats chosen by the customer.