The Bonus Credit Card From Tesco Finance
The Tesco Bonus Credit Card is the only card on the market to give you a bonus gift each and every year. As a way of 'saying thank you' for your loyalty, Tesco Finance will refund one month's interest charges to your account.
The card will shortly feature Tesco's 'buy now pay later' offer, where selected goods from Tesco Direct can be bought now with no interest charges or minimum repayments for 6 or 12 months.
More standard features of the card include a standard rate of 15.9% typical APR, coupled with a balance transfer offer of 0% for 14 months and 0% on new purchases for six months.
Tesco Bonus Card In Brief
| Standard Rate: | 15.9% Representative APR (variable) |
| Balance Transfer Deal? | 0% APR for 14 months (2.9% transfer fee applies) |
| Purchases Deal? | 0% APR for six months |
| Maximum Balance Transfer Fee: | Unlimited |
| Introductory Cashback | |
| Standard Cashback | A refund of one month's interest every year |
| Annual Fee: | - |
| Interest Free Period: | 56 days |
| Minimum Repayment: | 3% of balance or £5, whichever is more |
| Minimum Credit Limit: | £250 |
| Maximum Credit Limit: | £5,000 |
| Notes: | - |
| Representative Example: | Assumed borrowing of £1200, representative 15.9% APR (variable). Purchase rate 15.9% PA. |
