Tesco | Low APR credit card

APR: 5.9% Representative
Intro purchase rate: 0% for 3 months
Purchase rate: 5.9%
OPTIOSCORE 42.6/100 
Features: Reward Points
Tesco | Low APR credit card customer reviews

3.2 out of 5 from 93 customer reviews

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).

Contact Tesco

Tesco | Low APR credit card customer reviews

3.2 out of 5 from 93 reviews

Excellent interest free period and bonus of clubcard points

20:40 18-07-2017

via Smart Money People

Excellent customer service. I decided to go with Tesco Credit Card due to their lengthy interest free purchases period and the fact that you also get clubcard points for spending (a happy bonus).

Jolene Thorpe

Tesco offered good rate and have offered good customer service

22:26 29-06-2017

via Smart Money People

Tesco Bank has been easy to use within the app. They offered me a great rate and continue to use card to improve my credit rating.


Great way to earn clubcard points

11:39 12-06-2017

via Smart Money People

I had 21 months interest which I thought was really generous.

Raych Bonness


07:14 12-06-2017

via Smart Money People

Great credit card, earn clubcard points too

Lindsey Loughtman

a card with rewards

08:59 11-06-2017

via Smart Money People

great customer service, easy online access and Tesco clubcard points on every spend

sallyanne rose

Great card

20:04 08-06-2017

via Smart Money People

Great credit card , low interest too

Pauly Alisa

excellent credit card provider

13:25 08-06-2017

via Smart Money People

i have been with tesco for there clubcard credit card for several years now and have never had a problem, they even offered me a second card with a 2 year interest free period of 48 months.

nicholas fulton

Clear and practical from the off!

12:42 05-06-2017

via Smart Money People

The main reason I would happily recommend Tesco Bank and in particular, the credit card product, is that their online banking management is so easy to use! I now have the app on my phone and really like that it doesn't have unnecessary management options - just the practical ones you need. Very happy Tesco customer!

Rebecca Barnes

Really easy

21:15 29-05-2017

via Smart Money People

Its really easy to set up and use. No problems contacting them.

Kezia Toghill

Hassle free account

13:09 23-05-2017

via Smart Money People

Never experienced any problems with this provider.

John Brady

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.