UK supermarket Tesco are anxious to build on their personal finance and banking arm having last year bought out partners RBS amid plans to offer banking services in-store.
There is little doubt that Tesco will cause a stir amongst the traditional banking system in place in the UK and the high street banks will need to be on the ball to keep up with developments in the industry if they are not to lose out to Tesco’s planned financial dominance.
The latest offering from the supermarket bank is the Tesco Club Credit Card, a credit card that offers 0% interest on purchases for the first twelve months. This is double the interest free period offered by many rivals.
As with all credit cards it is worth checking out the ‘real deal’ with the provider to see if this product is the best for you.
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