What we think of it...

Our editors are currently reviewing the Tesco Bonus credit card.

A little more detail

Rates and Fees

			Special Note..	Any good?
Typical APR		15.9% APR (variable) -	-
Introductory Purchase Rate		0% for 6 months	Payments will applied towards promotional balance transfers before any promotional purchases.
Balance Transfer Rate		0% for 14 months	Payments will be applied towards promotional balance transfers first.
Balance Transfer Fee		2.9%	Balance transfers made within the first 11 months of account opening will be subject to a transfer fee.
Cash Withdrawal Rate		24.942% p.a. (variable)	-
Cash Withdrawal Fee		3% (£3 minimum)	-
Annual Fee		None	-
Foreign Transaction Fee		2.75%	-

Rewards

			Special Note..	Any good?
Reward Type #1	-	Interest Rebate	1/12th of your interest charges back each year
Reward Type #2	-	Tesco 'Buy Now - Pay Later'	Selected purchases at Tesco Direct will qualify for a 'Buy Now - Pay Later' option of up to 12 months - 0% for 12 months on selected items costing £500 or more - 0% for 6 months on selected items costing less than £500.

Extras

			Special Note..	Any good?
Online Account Management		Yes	-
Fraud Guarantee		Yes	Covers Internet fraud
Emergency Card Replacement		Yes	Includes emergency cash advance service.
Other Extras	-	- Tesco Active Monitoring - Tesco Secure - Fraudsafe Helpline	-

Payments

			Special Note..	Any good?
Credit Limit		£250 minimum	Credit limit may vary from person to person and is subject to status.
Interest Free Period		Up to 56 days	For purchases if you pay your balance in full and on time. This is the amount of time you have to clear your balance in full each month before you are charged any interest. There is no interest free period on cash withdrawals, cheques or money transfers or balance transfers outside of the introductory period.
Minimum Monthly Payment		3% (£5 minimum)	-
Allocation of Payments		Interest, Charges » Introductory Rate Balances » Balance Transfers, Purchases » Cash Advances, Money Transfers, Cheques » Tesco 'Buy Now - Pay Later' Balances	-
Default Charges		£12	-

Card Details

			Special Note..	Any good?
Online Application	-	Yes	Remember: always ensure you meet the application requirements before applying, as getting rejected can affect your credit score.
Card Type		Classic	-
Payment Company		MasterCard	-
Card Issuer		Tesco Finance	-
Card Advertiser		Tesco Finance	-

At a Glance

Typical APR	15.9% APR
Credit limit	£250 minimum
Intro purchases	0% for 6 months
Balance transfer	0% for 14 months (2.9% transfer fee)
Rewards	Interest Rebate Tesco Rate Offers
Interest free period	Up to 56 days
Annual fee	£0

	This card includes:
	Online Account Management
	Fraud Guarantee
	It is best suited for:
	Regular Tesco shoppers who don't always clear their balance in full each month.
	Wait! Only apply if you are...
Aged 18 or over UK resident

More about this card...