Tesco closing account for new customer deals

jhinks37

Thanks all for the responses guys!

Ceredigion - It doesnt mention Tesco on that link or is that me being dumb?

Mine is more for new customer purchases card, although i dont need one right now, i have a couple of other cards coming to end of 0%. Looks from their site like it is 1 month but not clear after some other conflicting comments?

However i wont need one for around 6 months so hopefully I will be ok if i want a tesco then.

ceredigion

jhinks37 wrote: »

Thanks all for the responses guys!

Ceredigion - It doesnt mention Tesco on that link or is that me being dumb?

I wouldn't dare imply that anyone was dumb. But if I was to propose the question. Who provides the finance for Tesco's cards?
Then you may be able to work it out from the link.

jhinks37

ceredigion wrote: »

I wouldn't dare imply that anyone was dumb. But if I was to propose the question. Who provides the finance for Tesco's cards?
Then you may be able to work it out from the link.

I have no idea. Thanks for your help but if i knew the answer to your question, i probably wouldn't have asked this question!

ceredigion

jhinks37 wrote: »

i have no idea. Thanks for your help but if i knew the answer to your question, i probably wouldn't have asked this question!

rbs






........

YorkshireBoy

ceredigion wrote: »

rbs

Are you sure that's the case?

It's been years now since Tesco bought out the JV from RBS. Indeed, it says on the Tesco website that...

"Tesco Bank Credit Cards are provided by: Tesco Bank, PO Box 27028, Glasgow, G2 9FT".

And on their Tesco Bank corporate website that...

"Tesco Bank is wholly owned by Tesco Plc, one of the world's largest retailers"

I understand the 'systems' may be the same, or have evolved from, the RBS JV, but the cards are underwritten by Tesco Bank aren't they?

ceredigion

YorkshireBoy wrote: »

Are you sure that's the case?

It's been years now since Tesco bought out the JV from RBS. Indeed, it says on the Tesco website that...

"Tesco Bank Credit Cards are provided by: Tesco Bank, PO Box 27028, Glasgow, G2 9FT".

And on their Tesco Bank corporate website that...

"Tesco Bank is wholly owned by Tesco Plc, one of the world's largest retailers"

I understand the 'systems' may be the same, or have evolved from, the RBS JV, but the cards are underwritten by Tesco Bank aren't they?

:undecided
My DD is paid to
"RBS PLC FOR TESCO PERSONAL FINANC "
And only a month old so thought it must be still RBS

YorkshireBoy

ceredigion wrote: »

:undecided
My DD is paid to
"RBS PLC FOR TESCO PERSONAL FINANC "
And only a month old so thought it must be still RBS

Maybe RBS just clear/handle the payment, ie the aforementioned 'systems'?

FWIW, my Tesco credit card DD, which I pay from Halifax and has been running since May, is tagged...

TESCO BANK 5186************

...on my statement, and...

Tesco Bank

...on my list of direct debits.

So it must be Tesco Bank.

But seriously, I think we'll find it's our current account providers who determine how its shown.

caileag

Tesco Bank provide Tesco Bank credit cards.

RBS have not done so for at least 4 years.

jhinks37

Thanks All for your help - In any case I recieved a letter today after closing the account.

"If you would like a new credit card in the future, we'd love to hear from you. You will be able to apply for a card with us again 6 months from the date you settle your balance to zero"

That seems to clear it up to me.

JKSandy

ceredigion wrote: »

:undecided
My DD is paid to
"RBS PLC FOR TESCO PERSONAL FINANC "
And only a month old so thought it must be still RBS

They still use some legacy RBS systems so maybe thats why the RBS name check.