Tesco Bank Balance Transfer Credit Card

Tesco Bank Balance Transfer Credit Card

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Tesco Bank · MASTERCARD

The Tesco Bank Balance Transfer Credit Card is a credit card from Tesco Bank on the MASTERCARD network. It has an annual fee of £0. It earns 0.3x on groceries, 0.3x on gas & fuel, 0.1x on everything else.

Verified 12 Sept 2026

Key facts

Annual fee
£0
Purchase APR
24.9% p.a. (variable)
Foreign transaction fee
2.75%
Network
MASTERCARD

Reward rates by category

Reward rates for the Tesco Bank Balance Transfer Credit Card by spending category
CategoryRateDetail
Groceries0.3x1 point for every £4 spent in Tesco
Gas & fuel0.3x1 point for every £4 spent on Tesco fuel (excluding Esso) plus 1 point for every 2 litres bought
Everything else0.1x1 point for every £8 spent outside of Tesco

Benefits and perks

  • Our best card for a long 0% interest period on balance transfers – guaranteed for 36 months
  • 0% Interest on balance transfers guaranteed for 36 months (3.45% fee)
  • 0% Interest on money transfers for the first 9 months (3.99% fee)
  • Collect Clubcard points almost every time you spend in and out of Tesco
  • A balance transfer credit card could help you pay off debts faster. Switch existing credit card or store card balances to this card and you could avoid paying interest on them for 36 months.
  • Our longest 0% interest period on balance transfers Guaranteed 36 months 0% interest from the date of account opening, with a 3.45% transfer fee.
  • 0% interest on money transfers for 9 months You can transfer money from your credit card and pay it in to your bank account. If you do this, you’ll get 0% interest on it for 9 months from account opening with a 3.99% transfer fee.
  • You can transfer up to 95% of your available credit limit
  • Get your transfers at a 0% interest rate To get the 0% interest rate you'll need to make your transfers within 90 days of opening your account.
  • Interest on purchases You may receive higher than our standard purchase rate of 24.9% p.a. (variable) upon application - up to 29.9% p.a. (variable), depending on your circumstances.
  • Using your card for purchases We won't charge any interest on the purchases you make if you pay off the balances that aren't on a 0% rate in full every month. Your monthly statement will show how much you need to pay to avoid paying interest on any purchases.
  • Collect extra Clubcard points with your Clubcard Credit Card 1 point for every £4 spent in Tesco 1 point for every £4 spent on Tesco fuel (excluding Esso) plus 1 point for every 2 litres bought 1 point for every £8 spent outside of Tesco Points calculated on single transactions. Exclusions apply. Rates may vary. Find out more information on Credit Card Rewards.
  • Unlock Clubcard Prices Did you know that you can use your Clubcard Credit Card to unlock Clubcard Prices? Watch your prices fall at the till, tap your credit card once to activate your Clubcard, and tap again to pay.

Questions about the Tesco Bank Balance Transfer Credit Card

What is the annual fee on the Tesco Bank Balance Transfer Credit Card?

The Tesco Bank Balance Transfer Credit Card has an annual fee of £0.

What rewards does the Tesco Bank Balance Transfer Credit Card earn?

The Tesco Bank Balance Transfer Credit Card earns 0.3x on groceries, 0.3x on gas & fuel, 0.1x on everything else.

Is the Tesco Bank Balance Transfer Credit Card worth it?

The Tesco Bank Balance Transfer Credit Card is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.

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