Tesco credit card and clubcard points

later

Hello, I've got a Tesco balance transfer card, but I also thought it would be ideal if I used the credit card to buy food every month (and pay off the food bill every month on top of the balance from my old card), due to the clubcard points you can collect on it.

I was just wondering, the clubcard number on the credit card is different to the clubcard I've been using. Do I need to merge these over the phone, or will they merge automatically?

molerat

Don't do it. If you spend on the card you will be charged interest on all purchases.

BOBS

You need to clear all the balance transfer before you start using it for your groceries.
Even then be careful with your budget that you put by the amount spent on groceries to clear the total of your credit card each month or you will end up paying interest which will cancel out any gain from clubcard points.
.

TheShape

I also would advise against spending on the Balance Transfer Card.

You can have more than one Tesco Credit Card so perhaps you could apply for another for purchases (as long as you've had your current card for over a month).

I'd also be interested re the Clubcard question. I have 4 clubcard numbers now (clubcard, two debit cards and one credit card) and presumably will end up with a fifth number when I receive my new credit card. My Tesco Internet banking page lists my clubcard number but I've received vouchers under different clubcard numbers.

WillPS

One Clubcard account has one to many Clubcard numbers - the points themselves are stored against the account itself so it matters not which number was recorded when the points were earned.

20aday

During the application process did you enter your standard Clubcard number OP?

If so the accounts should've merged then-if you go to Tesco.com/clubcard, sign in, enter three random digits from your account number and then choose My Account Details>View my Cards you'll see any Clubcard(s) there.

But, as above, don't mix purchases and balance transfers. However... when paying at the checkout the cashier will ask if you'd like to use the card as payment; just say 'no thanks'. You'll still earn 1 point per £1 of qualifying spend.

And if you're using self service pop your credit card into the terminal before tapping 'card' on the screen, a till prompt should appear asking the same question.

later

Hello, I'm confused.

If I pay £100 per month for groceries, and £300 per month on the BT card, why will I pay interest on purchases if I'm paying the £100 full every month and the intended £200 per month on the BT?

molerat

You only get the interest free period on purchases if you clear the card in full which includes the BT. That is why the general rule is never spend on a BT card.

bigadaj

later wrote: »

Hello, I'm confused.

If I pay £100 per month for groceries, and £300 per month on the BT card, why will I pay interest on purchases if I'm paying the £100 full every month and the intended £200 per month on the BT?

Because there is a balance on the card then you lose the period of waiving interest on any purchases. So if you buy your groceries you will pay interest from teh day of purchase to the day that you make a a payment.

quackers82

My advise is to just wait 30 days and then apply for a Tesco purchases credit card as they let you have 2 credit cards. Thats what i did. I don't spend on my balance transfer card, but everything else i buy goes on the other Tesco credit card and gets paid in full and i get the extra points

20aday

The summary box can be found here OP:

http://www.tescobank.com/assets/sections/credit-cards/pdf/tesco-bank-cc-bt-summary-box.pdf?_=cachebuster14122016

I once held an Asda credit card which I'd transferred a balance to. Entirely my fault but I used it for a one-off purchase and as I'd not cleared the statement in full it attracted interest on the entire amount.

But as I've pointed out above you can use the Tesco Bank credit card in store as your ordinary Clubcard without paying for any purchases on it.