Credit Card (UK)

How to apply for the Tesco Bank Foundation Credit Card?

If you need to build credit and establish good financial habits, then learn how to apply for a Tesco Bank Foundation Credit Card.

Apply for a Tesco Bank Foundation Credit Card: start building your credit score

Learn how to apply for this credit card. Source: The Mister Finance.
Learn how to apply for this credit card. Source: The Mister Finance.

Building credit doesn’t have to come with a bad credit card. Learn how to apply for a Tesco Bank Foundation Credit Card to earn rewards.

card

Credit Card

Tesco Bank Foundation

no annual fee rewards

Suitable for those who have a bad credit rating or those who are new to credit

You will be redirected to another website

Before starting to apply for the Tesco Bank Foundation Credit Card, check out the main benefits you will get by holding this card:

  • Build your credit and track the reports each month to establish good financial habits;
  • Earn 1 Tesco Clubcard point per £4 spent (£4 minimum) at Tesco plus 1 Clubcard point per £8 spent (£8 minimum) outside of Tesco;
  • Get credit limits ranging from £250 to £1,500;
  • Access and manage your account online or via mobile app;
  • Pay no annual fee;
  • Prequalify for it with no impact on your credit score.

Also, Foundation Credit Card was awarded as the ‘Best Credit Builder Credit Card 2021’ by customers, so you rely on it to achieve your financial objectives.

Now, learn how to apply for a Tesco Bank Foundation Credit Card and start building your credit!

Online Application Process

The application process is online! Source: Canva.
The application process is online! Source: Canva.

If you have a bad credit rating or if you are new to credit, Foundation Credit Card from Tesco Bank might be worth applying for.

But you must meet some simple eligibility requirements, as follows:

  • Be at least 18 years old;
  • Have a regular income;
  • Live in the UK and have a permanent address to provide.

Also, Tesco allows you to prequalify with no impact on your credit score through an eligibility checker.

Lastly, applying for this credit card takes only ten minutes.

Application Process using the app 

In the first place, apply for this Tesco Bank Foundation Credit Card following the description above using the official website.

After being approved, download the Tesco mobile app to manage your account.

Tesco Bank Foundation Credit Card vs. Barclaycard Platinum Credit Card

Foundation Credit Card offers the opportunity of building and tracking your credit. However, if you already have good credit, you may be able to get a Platinum credit card.

Check out an alternative, then: Barclaycard Platinum Credit Card.

Tesco Bank Foundation Credit CardBarclaycard Platinum Credit Card
Credit ScoreBad or poorNot disclosed
APR29.9% APR (variable and representative)22.9% (variable)Other rates apply
Annual Fee£0£0
FeesBalance Transfer fee: 3.99%;
Money transfer fee: 3.99%;
Foreign transaction fee: 2.75%;
Cash advance fee: 3.99% (minimum £3);
Late payment fee: £12;
Exceeding limit fee: £12;
Duplicate statement fee: £0;
Additional card fee: £0;
Replacement card fee: £0;
Inactivity fee: £0
Cash transaction fee: 2.99% minimum £2.99 on sterling and non-sterling cash transactions (only);
Balance transfer and purchase plans: fees depend on the offer;
Copies of statements and transactions: none;
Late payment: £12;
Over credit limit: none;
Returned payment: none
Welcome bonusNoneNone
Rewards1 Tesco Clubcard point per £4 spent (£4 minimum) at Tesco plus 1 Clubcard point per £8 spent (£8 minimum) outside of TescoNone

So, find out how simple it is to apply for a Barclaycard Platinum Credit Card.

Barclaycard Platinum Credit Card

How to apply for the Barclaycard Platinum card?

Check out how easy it is to check eligibility and apply for a Barclaycard Platinum Credit Card to enjoy amazing rates and reasonable fees.

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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