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Compare Tesco Financial Products

Compare a range of financial products and services available from Tesco. Read our section reviews, find a product that's right for you and apply online.

Tesco Overview

Tesco Personal Finance is a commercial bank based in the United Kingdom available to customers over the telephone or online. The company is owned by Tesco, the UK's largest supermarket.

Tesco Personal Finance started of as a joint venture with the Royal Bank of Scotland. On 28 July 2008 Tesco announced that they were buying out the Royal Bank of Scotland's 50% stake in the company for £950 million.
Tesco offer a range of financial products which include Tesco credit cards, personal loans, mortgages, savings accounts and a broad variety of insurance. They market themselves by providing leaflets in Tesco stores and through the Tesco website. In the 52 weeks to 24 February 2007 The business made a profit of £130 million, of which Tesco's share was £66 million.
Tesco Bank offer great credit cards that can be used for a range of needs. Not only do Tesco Bank offer a credit card that provides highly competitive 0% introductory bonuses on balance transfers and purchases as seen in many of todays regular credit cards, but it also offers a clubcard credit card offering the same great features, as well as benefiting from clubcard reward points.

The clubcard scheme allows you to earn points when making purchases in any Tesco store or Tesco online, and you can use these:
  • At any Tesco store to save on your Tesco purchases
  • On Clubcard Deals - giving you four times their value in Deals Tokens that can be used on holidays in the UK and abroad, weekend breaks, and much more!
  • Collect AirMiles - just £2.50 in Clubcard points can get you 60 AirMiles, redeemable with over 100 airlines including British Airways
Tesco Bank offer a range of savings accounts providing customers with competitive savings rates together with a great service.

With Tesco Internet Saver account you are rewarded with impressive rates allowing you to earn higher returns on your investment.

Tesco Bank fully support the Faster Payments scheme, allowing customers to deposit money in to their Tesco Savings Account quicly, or credit their nominated account without having to wait for long periods of time for the transaction to complete.
Tesco Car Insurance go a long way to find a better deal, working hard to save you money, in fact 10% of consumers could save up to £302 online (source: Consumer Intelligence, 1-31 May 2010).

Tesco offer award winning insurance and were voted 'Most trusted car insurance provider 2010 by thisismoney' through its great value cover.

Tesco car insurance also offer exclusive discount for Clubcard customers, but don't worry if you don't have a clubcard, you could still make great savings.

Tesco Car Insurance is provided by UK Insurance Limited.

Comprehensive cover with Tesco car insurance offers the following features:

* Choose your of voluntary excess
* Personal accident cover
* Cover for fire and theft
* Cover for personal possessions
* Cover for DVD players, stereo and also portable Sat Nav equipment (exludes Value cover)
Tesco home insurance provides a range of great home insurance deals to cover your building. Contents or both against theft or accidental damage.

With Tesco home insurance you can have access to some great discounts when combining buildings and contents insurance, plus a range of other discounts including online and introductory deals.
Many of us have bonded with our pets, as they become part of the family, but not all of us could afford to pay out thousands of pounds if their pet was to fall ill and require expensive drugs and treatment.

With Tesco pet insurance you can cover your pet from as little as 15 pence per day, with great discounts available when purchasing cover online.

Tesco pet insurance offers a choice of Standard and Extra level cover, with additional cover options available for even more protection.

You can qualify for extra discounts when you insure more than one pet with Tesco, with fixed excess payments so you'll always know what you need to pay for a claim.

Tesco News

Tesco credit cards are focus of new deal
Tesco has today (July 26th) announced the introduction of a credit card deal for new customers. ...
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Mon 26th Jul, 2010
Tesco and RSA team up to provide pet insurance
Tesco Bank has recruited the help of RSA to provide underwriting and claims management for the supermarket bank's pet plan insurance branch. ...
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Thu 6th May, 2010
Tesco Bank: Young people failing to take out life policy insurance
A significant number of 21 to 35-year-olds have neither a will or life insurance. ...
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Wed 24th Mar, 2010
Tesco 'to be major presence on current account market'
An increasing number of Britons may seek out current accounts from Tesco and other supermarket chains, one expert claims. ...
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Tue 12th Jan, 2010
Business banking to be offered by Tesco Bank
Tesco has declined to bid for Northern Rock and instead is focusing on its own operations - which are to include business banking. ...
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Mon 2nd Nov, 2009