Tesco Credit Card

Are you considering applying for the Tesco credit card? If so then it might not be a bad idea. However, there are a few different ones that the supermarket offers so you first need to understand which one would be better for you.

The Tesco Clubcard Credit Card

This is possibly the most popular Tesco credit card as it is designed to give you points back on what you spend. Currently you get 5 points for every £4 that you spend within the store. You even pick up points outside of the store though you will only get 1 point for every £4 that you spend elsewhere.

The points that you earn will be put towards money off vouchers, which will be sent to you after each quarter. You can use these vouchers for either products around the store or for Clubcard deals such as holidays and meals out. This type of credit card is ideal for anybody who would like to save money on their groceries and entertainment costs.

Tesco Bonus Credit Card

This is also a popular choice as it enables you to get an interest repayment back every year. No matter which credit card you choose, you will always have to pay interest on what you spend. So why not choose a card that gives you some of that interest back?

Tesco Business Credit Card

This Tesco credit card is ideal for all businesses. It allows you to save 2p per litre on fuel, which is ideal if you have to travel around a lot. You will also get 56 days interest free on all purchases made on the card. If you have employees then they could also have additional cards for business purposes.

The Tesco business credit card is only suitable for sole traders. Limited and partnership companies cannot apply.
 
All Card Benefits

No matter which type of Tesco credit card you choose, you will benefit from 0% interest on purchases of over £500 for twelve months. You will also get 0% interest on purchases under £500 for six months. These purchases must be made through Tesco direct.

Overall, it can be difficult finding a good credit card. However, with these three cards offered by Tesco it certainly gives you a good choice. The Tesco Clubcard credit card is definitely one of the best available and in this day and age with the credit crunch, it could be the best card to choose. So why not apply today to see how you could benefit from one of the above credit cards?