Tesco Bakance Transfer

edited 15 August 2015 at 7:33PM in Stoozing: free cash from credit cards
5 replies 3.4K views
BykerlassBykerlass Forumite
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The Title should read Tesco Balance Transfer��

I see Tesco are offering 0% fee on balance transfers for 19 months. I am an existing Tesco credit card holder and just rang to see if I could do this. The guy said he didn't know where I had seen this offer, I told him in Tesco website and here. He had no idea and said " looking at your account you have no offers"?? Maybe for new customers but he didn't know and clearly nippy heard about it:( I have a zero balance on my Tesco credit card. :mad:
I USED TO BE INDECISIVE BUT NOW I'M NOT SO SURE!

Rich people tell you that money doesn't bring you happiness just so the poor people don't feel jealous.

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  • pjreadpjread Forumite
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    No harm asking but it'll be a new customer offer.
  • Bykerlass wrote: »
    The Title should read Tesco Balance Transfer��

    I see Tesco are offering 0% fee on balance transfers for 19 months. I am an existing Tesco credit card holder and just rang to see if I could do this. The guy said he didn't know where I had seen this offer, I told him in Tesco website and here. He had no idea and said " looking at your account you have no offers"?? Maybe for new customers but he didn't know and clearly nippy heard about it:( I have a zero balance on my Tesco credit card. :mad:

    I had the same problem, once my initial promo period with Tesco came to an end, I thought they would be interested in keeping customers by luring them in with deals but apparently not. I only got offered one 0% balance transfer deal during my time with them at bog standard 3% fee so nothing special.

    When I called up to cancel, the Tesco customer service rep told me he hears it everyday and his advice was to close the Tesco credit card and apply for a new one in 6 months’ time which is when Tesco consider you to be a “new” customer again and then take advantage of whatever new customer incentive they are offering because you won’t be offered the same thing as an existing customer. I did exactly that and am currently taking advantage of their 0% fee free balance transfer offer.
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • JsscmmJsscmm Forumite
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    One thing to note... The 0% fees is on a specific card... So if you do get a CC for that feature, pick the right one!
  • MABLEMABLE Forumite
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    Just received the following offer from Tesco and already a customer.

    We’re giving you two new exclusive 0% interest offers, both available on your Tesco Bank Credit Card now.

    0% interest on balance transfers for up to 18 months
    (2.99% fee, min. £5)
    xxxxx

    0% interest on money transfers for up to 18 months
    (2.99% fee, min. £5)

    Transfer balances or money by 11th December 2015 and you’ll pay 0% interest on those balances from the date of your transfer until your April 2017 statement (2.99% fee, min. £5).

    To transfer a balance or make a money transfer simply scroll down.


    Important information

    • You will need to review your full pay Direct Debit with us to avoid paying off the transferred balance in full. You can do this by logging into your Online Banking or giving us a call on the number below

    • The total amount you can transfer is up to 95% of your available credit limit

    • You will need to make at least the minimum payment on time each month and stay within your credit limit

    • You will still be charged interest on any purchases you make, even if you pay off the full purchase balance each month

    • There is a fee of 2.99% of the balance or money transferred (min. £5)

    • You can only transfer a balance from a card held in your name

    • You can only make a money transfer to a UK current account

    • You do not need a promotional code to take up this offer




    MAKE A TRANSFER

    Have your Tesco Bank Credit Card
    and the details of your transfer handy.



    Or give us a call
    0345 300 4278*
    Make the most of your bank holiday with ClubcardBoost Minicom 0345 671 0676*
    Lines are open 24 hours a day,
    7 days a week.
    *This number may be included as part of any inclusive call minutes provided by your phone operator.

    Enquiries

    Please don't reply to this email as the mailbox doesn't accept incoming messages.
    Visit tescobank.com to find the best way to contact us.

    If you no longer want to receive emails from Tesco Bank please unsubscribe here.

    Important Information

    Tesco Bank will never ask for confidential information or for you to confirm your security details via email. Links within our emails will only take you to information pages on our website. Please forward any suspicious emails to [email protected]. You can visit our Security Centre for more information on staying safe online.

    Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: Interpoint Building, 22 Haymarket Yards, Edinburgh EH12 5BH. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
  • Old_BillOld_Bill Forumite
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    Bykerlass wrote: »
    Tesco are offering 0% fee on balance transfers for 19 months


    And Quidco are paying £30 cashback on this card too at the moment :)
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