Tesco | Low APR credit card

132 reviews

5.9% Representative

Intro purchase rate: 0% for 1 months

Purchase rate: 5.9%

Representative example:

Representative Example: The standard interest rate on purchases is 5.9% p.a (variable), so when borrowing £1,200 the Representative APR will be 5.9% APR (variable).

Tesco | Low APR credit card customer reviews.

132 reviews

2.4 out of 5 stars

Best credit card ever
09:55 04-08-2018
ImageSmart Money People

I use it every day and love it so I recommend it


Still happy
06:20 14-04-2018
ImageSmart Money People

We have had a Tesco MasterCard for years. They have provided flawless service especially when there have been fraudulent issues with cards. However the points system is not as good as it once was

Ailsa Sheldon

07:09 09-04-2018
ImageSmart Money People

Tesco just charged me £66 interest with a minimum payment of £66 on my £0 card balance. Their oh so unhelpful phone staff tell me for sure you have hidden things in your nasty 200 page terms and conditions allowing them to perform such highway robbery. Not a single member of my family will ever ever touch another tesco banded product.

Simon Bradley

Great credit card
13:30 10-02-2018
ImageSmart Money People

I love that I collect club card points as I spend.

Raych Bonness

Great to build up extra clubcard points
09:29 08-02-2018
ImageSmart Money People

I generally use my credit card for everyday spending and pay off in full each month to enjoy the clubcard points it generates. I very good bonus


13:29 03-02-2018
ImageSmart Money People

Lovely friendly client customer service

Nandi Mgwadlamba

no loyalty
13:52 21-11-2017
ImageSmart Money People

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

Great Card Extra Points
20:30 08-11-2017
ImageSmart Money People

I initially took out my CC to help my credit rating (buying a house), never had a problem with my card and they always have great offers to help save me money (0% transfers) and then I get bonus points too. Thank you - 12 years a customer

Georgina Clutten

14:34 27-09-2017
ImageSmart Money People

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

Every little helps!
21:50 01-09-2017
ImageSmart Money People

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

Our review of Tesco | Low APR credit card

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.

Written by: Alex


  • 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


  • Maximum APR %
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

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.

Company information

Registration number: SC173199



Interpoint Building, 22 Haymarket Yards, Edinburgh EH12 5BH

FCA registration

Reference No: 186022

Trading names: Buy Now Pay Later, Tesco Bank, Tesco Buy Now Pay Later, Tesco Clubcard Credit Card, Tesco Personal Finance Plc

Place of business: Interpoint Building, 22 Haymarket Yards, Edinburgh, Midlothian EH12 5BH

Data protection registration

Registration No: Z4988111


Address: Interpoint Building, 22 Haymarket Yards, Edinburgh, Midlothian EH12 5BH

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