Tesco Clubcard Plus: Perfect for Loyal Shoppers, But Mind the APR
Tesco fans, this card's for you. But if you're carrying a balance, that 24.9% APR could sting.
The Quick Version
The Tesco Clubcard Plus Credit Card is a no-brainer for frequent Tesco shoppers looking to rack up rewards. You earn 5 Clubcard points per £4 spent at Tesco and get 10% off in-store twice a month. But beware: the 24.9% variable APR is a potential pitfall if you don't pay off your balance each month.
Tesco Clubcard Plus Credit Card review summary
Tesco Clubcard Plus Credit Card
What's Inside
This card shines with its rewards at Tesco: 5 Clubcard points per £4 spent and a 10% discount in-store up to twice a month. It’s a Mastercard, so it's widely accepted, and there's no annual fee. The downside? Outside Tesco, the rewards drop to 1 point per £8 spent, and there’s no sign-up bonus to sweeten the deal.
What's Actually Good
If your weekly shop feels like it happens more often than not at Tesco, this card is a gem. The lack of an annual fee makes it a low-risk addition to your wallet, and the 10% in-store discount can add up quickly if you're spending big. Plus, those Clubcard points can be converted into vouchers for more savings.
The Catch
The high 24.9% variable APR is a major drawback. If you tend to carry a balance, this card could cost you more in interest than you'd earn in rewards. Also, without a sign-up bonus and limited rewards outside of Tesco, it’s not for everyone.
Who It's For
This card is best for those who shop primarily at Tesco and can pay off their balance in full each month. If your grocery shopping takes you elsewhere, or if you carry a balance, you might want to look elsewhere. Also, you'll need a decent credit score (700+) to qualify.
The Bottom Line
If you're living and breathing Tesco, the Tesco Clubcard Plus Credit Card gives you rewards where you actually shop. But for those who carry a balance or spend outside Tesco, the high APR and limited rewards might not justify the commitment. If you're flying more than shopping, check out the Barclaycard Avios Plus: For Frequent Flyers Only.
