New Tesco credit card - ouch on fee

PeacefulWaters

Ethel wrote: »

Still not worth the fee. Tesco seems to have forgotten just who their target market is.

Maybe they're trying to exploit a new niche market.

Upto £450 off posh flights, points that can be valued at £200 in some circumstances, decent travel cover etc must have a value to some.

No_6

Pay a fee for a credit card.... have you lost something ?

King_Of_Fools

PeacefulWaters wrote: »

Maybe they're trying to exploit a new niche market.

Upto £450 off posh flights, points that can be valued at £200 in some circumstances, decent travel cover etc must have a value to some.

It is fairly niche as the £5000 spend has to be in Tesco (i.e. an average of about £100 per week).

PeacefulWaters

King_Of_Fools wrote: »

It is fairly niche as the £5000 spend has to be in Tesco (i.e. an average of about £100 per week).

Easy enough for a family who've not discovered Aldi.

PeacefulWaters

No_6 wrote: »

Pay a fee for a credit card.... have you lost something ?

It depends how you value the benefits you get in return, surely?

eskbanker

No_6 wrote: »

Pay a fee for a credit card.... have you lost something ?

Perhaps one's Dictionary of Quotations (or even just https://en.wikiquote.org/wiki/Oscar_Wilde), with the famous line about the cynic knowing the price of everything and the value of nothing?

Kendall80

I've not checked the T&C's but when does the fee become payable? Can you use the card for 11 months, obtaining the benefits then cancel and avoid the fee?


Thats the only way i'd consider such a card.

john1002

No the fee is placed when the card is open and certainly within the first 30 days.

No chance of using card without paying fee.

John