Tesco credit card

johnandkymberley

Hi all,
I'm looking into a Tesco credit card. We are thinking of using it on our shopping every week and paying it off straight after. This would build our credit rating.

Would this also earn use clubcard points??

Thanks in advance
J&K

grumbler

Where are you looking?

http://www.tescobank.com/personal/finance/finance/creditcards/index.html
"¹ One point awarded for every £4 spent in each purchase transaction (£4min)."

There are better cashback cards around: Cashback Credit Cards

However, if it's your first credit card, you can have problems with getting any of CC cards with rewards.

YorkshireBoy

johnandkymberley wrote: »

We are thinking of using it on our shopping every week and paying it off straight after.

Best to wait for the bill to come in.

This would build our credit rating.

Not as much as waiting for the statement would because if you operate it as you propose, they may report a zero balance to the CRAs each month.

Would this also earn use clubcard points??

Answered on their website...

http://www.tescobank.com/personal/finance/creditcards/clubcc/index.html

Delree

I do that, pay off as I spend but leave a few items on to carry over onto the statement for credit building purposes. Your suggestion will bag you the points though.

johnandkymberley

How many points do you collect delree? On a typical month? Xx

chanz4

You dont need to leave a balance, however take into account tesco are strict

Delree

johnandkymberley wrote: »

How many points do you collect delree? On a typical month? Xx

I couldn't tell you the exact number but I usually end up with a good amount of vouchers every quarter, prezzos pizza express etc. It's worth especially if you fill up your car there too, double points I think!

Delree

chanz4 wrote: »

You dont need to leave a balance, however take into account tesco are strict

In what way?

chanz4

if you have a balance it outways the points, no matter if you leave a balance or not it wont make no difference so you may as well pay off. Tesco are very picky on who to accept

The_Boss

chanz4 wrote: »

Tesco are very picky on who to accept

*smug*

I've got a double points voucher that I am saving for a big shop. Hoping it will also double the points gained by using my card.

no1catman

The_Boss wrote: »

*smug*

I've got a double points voucher that I am saving for a big shop. Hoping it will also double the points gained by using my card.

Double points voucher will only double the ordinary CC points you would get with that transaction i.e. it does also double any additional points coupons you have on that transaction. And certainly doesn't double you previous ones!
Please note also the additional points get added on overnight - as long as the coupon is itemised on the receipt.