Tesco Bonus Credit Card
Compare the Tesco Bonus Credit Card with the UK's best credit cards, including card details, application criteria, introductory rates, rates, benefits and fees & charges.
 |  This Product Is No Longer AvailableTesco no longer offer the "Bonus Credit Card". You can find an alternative credit card by selecting one of the following options; For comparison, here are the details of the Tesco Bonus Credit Card before it was withdrawn: | ||
| Company: | Tesco Personal Finance www.tescofinance.com | ||
| Product: | Bonus Credit Card | ||
| Card Details | |||
 Card Issuer: | The card is issued by Royal Bank of Scotland. | ||
| Type: | This card is available as Visa or Mastercard | ||
| APR - Purchases: | The typical APR is 15.9% p.a. | ||
| Intro Purchase Rate AER: | The introductory rates for purchases is 0.0%. | ||
| Duration of Purchases Rate: | 6 months | ||
| Balance Transfer AER: | The annual rate for balance transfers is 17.1%. | ||
| Duration of Balance Rate: | 14 months | ||
| Balance Transfer Fee (%): | Balance transfers subject to a handling fee of 2.90% within the first twelve months from account opening. | ||
| Application Criteria | |||
| Min Age (yrs): | Minimum age for applicants is 18 years. | ||
| Min Income (£pa): | Minimum income required is £5000 p.a. | ||
| Introductory Rates | |||
| Intro Bal Tran Rate AER: | The introductory rate for balance transfers is 0.0% APR. | ||
| Intro BalanceTfr Fee (%): | Balance transfers subject to a handling fee of 2.90% within the first twelve months from account opening. | ||
| Max Bal Transfer Fee (£): | Balance transfers subject to a handling fee of 2.90% within the first twelve months from account opening. | ||
| Rates | |||
| Cash Advance AER: | The annual interest rate for cash advances is 24.9%. | ||
| Benefits | |||
| Cash-Back Reward: | Cardholders receive a reward of 1/12th of the interest they have incurred over the year on each anniversary of opening the account. | ||
| Air Miles: | There is no travel reward programme available. | ||
| Other Incentives: | Interest Payment Back Each year Tesco will work out how much interest the cardholder has paid and then give them back the average monthly payment. Fraud Safe Active monitoring of the card. Tesco will contact the cardholder if they become suspicious that someone is using their card or card details. The cardholder will not have to pay if they are an innocent victim of credit card fraud. If a transaction using the card details has been carried out on the internet without the card holders knowledge they will not be liable. There is a 24 hour helpline if the cardholder suspects fraud on their card. The cardholder can set up a password that they can use when shopping at Tesco.com and other participating online retailers so only they can buy with their card. Free Overseas Emergency Assistance If the card is lost or stolen whilst the cardholder is abroad, Tesco will ensure that they get a free replacement as soon as possible, (normally within 48 hours). Tesco will also provide a cash advance to tide the cardholder over. | ||
| Shopping Reward Prog: | No shopping reward program available. | ||
| Fees & Charges | |||
| Annual Fee (£): | There is no annual fee for this card. | ||
| International Charges %: | For foreign currency transactions there is an extra charge of2.75% of the value of the transaction. | ||
| Interest Charged from: | For any purchases, balance transfers and advances Tesco will charge interest, from the date of the transaction, on the amount of the transaction. For any cheques, Tesco will charge interest, from the date the transaction is charged to the account, on the amount of the transaction. | ||
| Interest Free Period: | Up to 56 days interest free period. | ||
| Min Payment £: | The cardholder must pay at least 3% of the amount shown on the account statement as outstanding or £5 (or the full amount if less than £5). | ||
