Is Tesco Credit Card Worth It?

In this article, we’re going to talk about Tesco Bank purchase credit card. We’ll take a look at key features and also the pros and cons of this card. so without any further delay let’s jump right into the topic of today’s article “Is Tesco Credit Card Worth It?“

Key Features

Let’s talk about the key features first:

• Offers up to 23 months interest free on purchases
• Suitable for spreading the cost of large purchases over an extended period
• Interest-free for up to 14 months on purchases
• Representative APR: 22.9% variable
• No annual fees

Perks

• Collect five Tesco Club Card points for every £4 spent at Tesco
• Collect five Tesco Club Card points for every £8 spent elsewhere

Pros

• Competitive introductory offers on purchases
• APR stacks up well against similar cards
• Ability to collect Tesco Club Card points with most purchases

Note on Interest-Free Spending

It’s worth paying the balance in full each month to continue to benefit from interest-free spending after the introductory offer has come to an end.

Also Read: How to Close Amex Credit Card UK

Cons

• Credit card limit could be as low as just £100
• 3% balance transfer fee
• 4% money transfer fee during the introductory period, reverting to 4% for both after that time
• While it can offer up to 14 months, you may be offered a shorter interest-free period of 10 or 12 months depending on your credit score

Conclusion

This card is really good, but is it worth it? well, it depends on person to person, read the article correctly and after concluding all the benefits and cons of this card make a wise choice.

From my side, this card is worth it to try once.