Credit & Charge Card Reviews (19): Tesco Clubcard MasterCard

This is my review of the Tesco Clubcard MasterCard credit card.

This article was updated on 1st September 2017 and is correct as of that date.

It is part of my series of articles looking at the major UK loyalty credit cards and discussing whether or not they are worth applying for.  These articles will be linked to the relevant sections of the ‘Credit Cards Update‘ page.  My other UK airline and hotel credit card reviews can be found here.

Key link:  Tesco Clubcard MasterCard application form

Key facts:  No annual fee

The representative APR is 18.9% variable. 

If you want to check your credit record before applying for a new card, click here to get your free Equifax credit report and score.  Your first 30 days are free then it’s £14.95 per month.  You can cancel at anytime.

About the card

The Tesco Clubcard MasterCard is issued by Tesco Bank, which is now wholly owned by Tesco following its acquisition of Royal Bank of Scotland’s stake a couple of years ago.

Tesco Clubcard MasterCard credit card review

What is the sign-up bonus?

None at present.

Any other benefits?

This version of the card offers:

  • 0% interest on purchases for the first 17 months
  • 0% interest on balance transfers for the first 3 months (2.9% balance transfer fee, you can transfer up to 95% of your available credit limit)

There are other versions of the Tesco Clubcard MasterCard available, some with lower interest rates and some with good interest free or balance transfer deals.  This version (click) offers 0% interest for 40 months on balance transfers.  This version (click) offers 0% interest for 28 months on new purchases.  This version (click) offers a low interest rate of 5.9%.

What do I earn per £1 spent on the card?

You earn 1 Clubcard point for every £8 spent on the card on a ‘per transaction’ basis.

It is important that you understand what this means. At the most extreme, if you bought 100 items at £7.99 in separate transactions, you would earn zero Clubcard points. A £15.99 transaction would only earn one point, whilst a £16.00 transaction would earn two points.

Transaction in Tesco stores will earn double points.

How does that convert to Avios or Virgin Flying Club miles?

One Clubcard point is worth 2.4 Avios or 2.5 Virgin Flying Club miles, so every £1 spent on the card gets you up to 0.3 Avios or 0.312 Virgin miles.

You will receive a statement once a quarter containing your Clubcard vouchers, and you can convert these online to Avios or Virgin or redeem them for any of Tesco’s other ‘Clubcard Boost’ deals. You can even spend the vouchers in-store at Tesco at their face value, although this is a poor use of them.

This is the most generous free Visa or MasterCard card available for earning Avios.  0.3 Avios per £1 is better than you get from the Lloyds Avios Rewards card.  However, my enthusiasm for the Tesco card has dropped since it halved its earning rate:

the ’rounding down to the nearest £8′ rule has an impact on the points you earn.  Unless you only use the card for major (£100+) purchases, you will find that your average earning rate per £1 spent is lower than the advertised 0.125 Clubcard points / 0.3 Avios.

if you get the £24 Lloyds Avios Rewards card (0.25 Avios per £1 on the MasterCard – which may be more than you get in reality from the Tesco card after rounding down), your spend will also count towards the flight upgrade voucher issued at £7,000 of spending. 

The major virtues of the Tesco Clubcard MasterCard are:

it is free, whilst the Lloyds Avios Rewards card costs £24 per year

you don’t have to deal with Lloyds, which has a poor track record of customer service

if there is ever a return to regular ‘Clubcard to Avios’ transfer bonuses, your earnings rate will be better than you think

you can use your Clubcard points for something else if you change your mind about taking Avios

If you meet the stringent wealth criteria for a HSBC Premier current account, remember that the HSBC Premier MasterCard offers an unbeatable 0.5 Avios per £1 and is free.

Any other quirks?

Yes.  Your Tesco credit card doubles up as a standard Tesco Clubcard.

It is perfectly acceptable to hand over your Tesco credit card in a Tesco store and ask them to swipe it as a Clubcard.  You can then pay for your shopping on a more lucrative credit card!

What is an Avios point worth?

This post outlines my view of what an Avios point is worth, based on some typical redemption patterns.

However, one key benefit of Tesco Clubcard points is that you do not have to convert to Avios.  Unlike dedicated airline credit cards, you have the option to convert to Avios or Virgin miles, but there is also the flexibility to use them for any other good Tesco deals that come along.  I use a large pile of vouchers to pay a regular Safestore bill ….


Assuming you convert your Clubcard vouchers to Avios points, the earning rate of 0.3 Avios points per £1 is as good as it gets if you don’t qualify for HSBC Premier.

Whilst you rarely see conversion bonuses from Tesco to Avios these days, conversion bonuses to Virgin Flying Club from Tesco are more common.  You may rate the card higher if you collect Virgin miles.

The application form for the Tesco Clubcard MasterCard can be found here.

Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker.  Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.

Why InterContinental Ambassador is a loyalty programme I am happy to pay for
My review of London City Airport's new First Class Lounge - get driven to your plane!
About Head for Points

We help business and leisure travellers maximise their Avios, frequent flyer miles and hotel loyalty points. Visit every day for three new articles or sign up for our FREE emails via this page or the box to your right.


  1. “0.3 Avios per £1 is better than you get from the cheaper Lloyds Avios Rewards cards”
    The Lloyds cards at £24 are surely dearer?

  2. Best perk of this card is “double” Clubcard points when swiping credit card as your clubcard compared to using your normal Clubcard i.e. get 1point/£1 rather than 1point/£2.

    1 point = 2.4avios. Using tesco credit card as Clubcard for tesco forecourt fuel but paying with BAPP (1.5avios/ £1) gives you total of 3.9avios/£1.

    • And with current fuel prices, that can be mini-avios goldmine if you get the miles in

      • Wally1976 says:

        Only thing is, round by us, you typically pay an extra 2p per litre to fill up at Tesco compared to Sainsbury’s

        • That’s the opposite to us. Sainsburys usually pence or 2′ more (and then BP about 5p more!). Clubcard trumps Nectar points around here!

          P.s. … yes only on tesco forecourts (not Esso, I don’t think). In shop is already 1point/ £1

    • This only works for fuel, right? Not in the general store?

  3. the real harry says:

    Just a point about maximum transfers on the bonus conversion offer last November (Tesco clubcard points to Avios). My wife & I both transferred over multiples of £100 – about £500 each – and all transfers got the bonus added

    plus another 24,000 freebie 🙂

  4. I have a Tesco finest card that did once pay a higher cc point rate but I think it’s a legacy card. Any idea if it’s still got an advantage over the ordinary card?

  5. Londonbus says:

    Had this one three times – mainly because it has excellent introductory 0% purchase offers. With added Clubcard points.