Tesco Bank Foundation
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APR
29.9%
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Interest rate on purchases
29.9% p.a.
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Assumed credit limit
£1200
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- Starting credit limits between £250 – £1,500 and monthly repayments from £25
You may be considered for regular credit limit increases if you make your minimum payments on time, stay within your credit limit and similarly manage any other credit cards or loans you have with us.
- Starting credit limits between £250 – £1,500 and monthly repayments from £25
Track your credit score Get access to Tesco Bank CreditView, provided by TransUnion, for 3 years from account opening and track your credit score with monthly updates.
- Track your credit score
Get access to Tesco Bank CreditView, provided by TransUnion, for 3 years from account opening and track your credit score with monthly updates.
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- Our Credit Card jargon buster
From APR to variable rates, the jargon that pops up when you apply for a credit card can be pretty confusing. Learn all the terms worth knowing with our quick-fire guide – you’ll be a credit card pro in no time.
- Our Credit Card jargon buster
Stay on track. You’re more likely to see improvements in your credit score if you pay at least your minimum payment on time each month and stay within your credit limit.
- Stay on track
You’re more likely to see improvements in your credit score if you pay at least your minimum payment on time each month and stay within your credit limit.
To apply for a credit card, you actually need to know what you’re going to do, which can be a real complicated thing if you never really applied for a card. Don’t worry, it is not something that you will need to suffer through because we will help you.
No, applying for a card is very simple. The company itself on the website is going to help you do it step by step. The thing that people most worry is what you need in order to make the application a success. And we are going to tell you all that here.
If you want to apply for the Tesco Bank Foundation credit card, it is time for you to actually learn how you can do it. Which is why, down below, we’ll bring you everything that you need. You just need to take a look and keep reading. So let’s see.
What are the requirements needed to apply?
Take a look at the requirements needed to apply for the Tesco Bank Foundation Credit Card.
- Must be from the UK,
- Must be at least 18,
- Must be a resident or a permanent resident,
- Have a good credit history.
What documents are needed to request the Tesco Bank Foundation Credit Card
See what documents you need to apply for it.
- Proof of identity
- Proof of residency
What are the biggest uses of this credit card?
It is important for you to know that even credit cards have specific users. Here we are going to tell you the specific ones of the Tesco Bank Foundation Credit Card.
Build credit
If you don’t know, building credit is the main benefit of the card. Well, you probably already know since in the first part we mentioned in this topic a lot, because it is actually the main selling point of the card. You have bad credit, you make it good with this one.
And you might not understand why people want to make their credit higher, but it’s because having a low credit not only affects your financial life but personal life. Many services are denied to you because of that. Which makes it even more important.
Take advantage of this opportunity and apply for this amazing card now!
Easy card
Now, this is an interesting point. You might be wondering what does easy card mean? But believe us, it is something that makes sense. So when you apply for a credit card, there is always that time when it takes too long to respond to you and then if you are approved, it takes too long to get the card to you.
The thing is, with this credit card, you don’t have to worry about that. Because the application process is just to a few minutes, and you can get an answer very fast compared to other cards. And finally, if you are approved, you can get the card also in a faster way.
Points in Tesco
Now, this is obviously the biggest benefit of the card. Who would know that a card that helps you build credit would also give you so many benefits? And Tesco Benefits too. But what exactly are you going to receive with the card?
So when you use this credit card, you’ll be able to earn Tesco points. It will be kind of like a points program. And when you finally get enough of those points, you can trade it for discounts, products or benefits within the stores.
Nice limit
Now the limit that this credit card is going to have, it’s pretty amazing. So you see, a limit is really good when you actually can use it. But when you apply for a card to make your credit score better, you should not expect having a good limit.
But with this card, although it is not the highest limit ever, it is way higher than standard. You can get up to 1500 dollars. And compared to other cards where you can only get like 1200 this is really good and a good upgrade.
Our advice for those who are going to apply for the Tesco Bank Foundation Credit Card
If you’re looking for advice to actually get these credit cards, don’t worry, we are here for you. Now, why would you want to apply for the card? This card is a very good one, and it can help you a lot. But if it is such a good card, why would you need advice?
Good cards also need advices. For an example, with this card you have a really good limit. 1500 is really above average for this type of card. We are going to advise you to be careful with it. Even if you get the maximum of the limits, you must be careful and not always spend it.
You are in a low credit situation for a reason, and spending all of that money at once just because the number is appealing might be something that does not go well with your history. So be careful and spend wisely.
Weighing advantages and disadvantages – Is it worth it?
There are so many benefits that you can find with this card and of course a few negative things. Let’s start with the negative things. The only negative thing that is actually pretty important is that this card is not going to have that many benefits, which is really bad for many people.
But still, if you are someone that is really looking for a card to make your credit score higher, this might be the one because although it does not have many benefits, it has one specific amazing benefit for you. That is the points that you can win with the store. With that and all other stuff, we truly believe that it is worth it.
Request your Tesco Bank Foundation Credit Card on the official website once and for all!
It’s time to finally get the credit card. If you are interested in finally applying for it, you can click down below so you can go to the official page of the Tesco Bank Foundation Credit Card.