Regulatory Disclosure

Regulatory Disclosure

Tesco Clubcard Credit Card is available to RoI residents and over 18s only. Subject to status Conditions apply.
Tesco Personal Finance plc (trading as Tesco Bank) is authorised by the Prudential Regulation Authority in the UK and is regulated by the Central Bank of Ireland for conduct of business rules. Registered in Scotland no. SC173199. Registered Office: Interpoint Building, 22 Haymarket Yards, Edinburgh, EH12 5BH. Our credit institution reference no. is C27325.

Terms & conditions

What do I need to know

Please make sure you have read, and printed or saved the Terms and Conditions - PDF 102kb that apply to the Tesco Clubcard Credit Card.

Summary Box

Interest Free Period
  • Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time.
  • There is no interest free period on cash advances.
  • Interest free period on balance transfers only applies during the introductory period.
Interest Charging Information You will not pay interest on new purchases if you pay your balance in full and on time. Otherwise, the period over which interest is charged is as follows:
From Until
Purchases From date debited to your account Until repaid in full
Cash advances From date debited to your account Until repaid in full
Balance transfers From date debited to your account Until repaid in full

If the account is not fully cleared, interest will be charged on the average daily balance until full payment is made and credited to your account. Therefore, the longer you take to make a payment, the more interest will be charged. †If you pay the balance in full, any interest charge for the period from the previous statement to the date of full repayment will be debited the following month.

Allocation of Payments When you pay us we use it to pay off those items which attract the highest interest rates first and then Government tax. If there is more than one item at the same rate we pay off the item at the rate which ends first (for example if you have 0% on purchases for 8 months and 0% on balance transfers for 6 months, we’ll pay off your balance transfer first). Unless amounts are overdue, we always use your payments to pay off items which have appeared on a statement you have received before paying off items which haven’t yet appeared on your statement. If amounts are overdue on your account (known as your account being in arrears), we will pay off the amounts that are overdue (starting with the oldest) before we put it towards the amount due from your most recent statement.
Minimum Repayment The minimum payment will be:
  • 3% of the new balance shown on your statement; or
  • €5.00; whichever is more. However, if the new balance is less than €5.00, you must pay the full new balance
Credit Limit
Minimum credit limit €250
Maximum credit limit Subject to status
Fees
No annual fees.
Charges
Cash advances 1.50% handling fee, minimum of €1.90
Foreign exchange 1.75% exchange fee (including purchases of foreign currency and travellers' cheques)
Government Tax (Charged annually in April or on the closure of your account) €30.00
Default Charges
Over-limit fee €6.35
Late Payment fee €6.35
Cheque (payable to us) or Direct Debit cannot be paid €4.44

How to make a complaint

We always aim to provide the highest standard of service on your Tesco Clubcard Credit Card however in the event that you have a complaint, please write to us in the first instance at Tesco Credit Card, Complaints, Po Box 7520, Dublin 2. You can also contact the Financial Services Ombudsman:

Financial Services Ombudsman, 3rd Floor, Lincoln House, Lincoln Place, Dublin 2
Lo Call: 1890 88 20 90
Tel: +353 1 6620899
Fax: +353 1 6620890

Calls may be recorded.