Tesco credit card

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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
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  • grumbler
    grumbler Posts: 58,629 Forumite
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    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
    YorkshireBoy Posts: 31,541 Forumite
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    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
    Delree Posts: 540 Forumite
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    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
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    How many points do you collect delree? On a typical month? Xx
  • chanz4
    chanz4 Posts: 10,907 Forumite
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    You dont need to leave a balance, however take into account tesco are strict
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • Delree
    Delree Posts: 540 Forumite
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    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
    Delree Posts: 540 Forumite
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    chanz4 wrote: »
    You dont need to leave a balance, however take into account tesco are strict

    In what way?
  • chanz4
    chanz4 Posts: 10,907 Forumite
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    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
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • The_Boss
    The_Boss Posts: 5,849 Forumite
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    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
    no1catman Posts: 2,972 Forumite
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    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.
    I used to work for Tesco - now retired - speciality Clubcard
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