Tesco Bank Launches Leading No Fee Balance Transfer Clubcard Credit Card

20th August 2014

Tesco Bank has today introduced a new credit card that allows customers to transfer balances without paying any balance transfer fees. The card also offers customers 0% interest on all purchases and balance transfers for 10 months. This means customers can benefit by paying no interest on any balances for 10 months without paying any balance transfer fees. At the end of the 10 month period a representative APR of 18.9% applies.

All Tesco Bank Clubcard Credit Card customers are rewarded with Clubcard points on all their spending - receiving one Clubcard point for every £4 spent on their card*. This means cardholders can collect points wherever they spend.

Will Curley, Transactional Banking Director, Tesco Bank, commented:"We want to offer customers a choice of highly competitive purchase and balance transfer offers. This new 'no fee' offer is for those customers looking to transfer an existing balance and we think it is a great offer for any customer who is actively looking to manage their debt."

For more information and to apply for the Clubcard Credit Card, visit Tescobank.com/creditcards .