Tesco wants to reward its most loyal customers by making another special offer: the Clubcard Credit Card, which will allow you to enjoy your shopping interest-free for 12 months from the day you open your account on anything you buy with your Tesco credit card. Moreover, they give you 0% interest for 6 months from the account opening on balance transfers (you’ll only have to pay the 2% fee for 4 months).
What is perhaps one of the best features of this credit card is that it allows you to earn points on everything you buy at Tesco or elsewhere. Every £4 you spend anywhere in the world will get you 1 Clubcard point. Plus, when you use your credit card to buy from Tesco, you will collect points from Clubcard as well as receive the same amount of points for what you spend.
The typical interest is 16.9% APR, but it is variable depending on certain factors.
Tesco strives to get a line of facilities to make Tesco credit Card use a better experience for its customers: there’s a dedicated customer service team, based in the UK, that’s available 24 hours a day, 7 days a week, for payment-related questions, balance inquiries, balance transfer requests, setting up text alerts to help you manage your finances, and other issues.
You will have online banking for the credit card account, so you will able to carry out your banking on the internet. Card protection against fraud contains two systems, Fraudsafe and Tesco Secure – making your credit card one of the safest possible.
Tesco credit cards are accepted in over 28 million places worldwide, and if you are a traveler, you can also benefit from Tesco’s 10% discount on the Tesco Travel Insurance, if you buy your policy with your card, over the phone.
To add to all these, you have a selected range of items at Tesco Direct, which you can purchase interest free, for a fixed number of months. You buy now and pay later (available for UK Tesco credit card holders only). And, even more attractive, shopping at Tesco will get you double Clubcard points, no matter what you buy, or where you buy it – in store or online. To add to all these there’s a series of discounts and offers you get with affiliated services, apart from Tesco.
You can apply online for your credit card and get an instant decision. It is a free, easy and secure process. The interest rate that will apply to you will be determined after your application details as well as your credit and repayment history are analyzed, as all of these are taken into account. Two thirds of Tesco customers do receive the advertised typical APR, but if you are not one of them, no need to worry, as the maximum APR you can possibly receive is 19.9%. The introductory offer of 0% for 6 months on balance transfers and 0% for 12 months on purchases is available to all customers and granted unconditionally.
Just to get you motivated, Tesco MasterCard holders have the chance to enter a promotion for a chance to win a VIP experience at the Brit Awards on the 16th of February 2010, at any time they use their card at a Tesco store.
