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Is the new Tesco Clubcard Plus credit card worth getting?

Whilst we were away, Tesco launched its new Tesco Clubcard Plus credit card.  Today I want to look at whether it has anything new to offer?

(Rob write:  We’re back!  We put Shopper Points into hibernation at the end of 2019 because both Tesco and Nectar seemed to have given up on interesting deals.  In recent weeks we have seen some new deal emerge, both via Tesco and Nectar and from other businesses, so we are relaunching it.  Let’s see how it goes.)

Last November, Tesco launched its new subscription-based Clubcard Plus proposition.  The idea is that, for a monthly fee of £7.99, you get a range of benefits on Tesco products.

Is the new Tesco Clubcard Plus credit card worth getting?

Here is what you get for your money:

10% off two monthly shops, up to £200 each (INSTORE ONLY)

10% off F&F, Fred & Flo, Go Cook, Fox & Ivy, Tesco Pet and Carousel brands all year round

Double data on your Tesco mobile contract

Exclusive access to a Tesco Bank card with 0% foreign transaction fees

These are on top of the usual benefits you’d get from a ‘standard’ Clubcard, including points earning and spending.

The response to date from the public seems to have been muted, to say the least.

Whether these benefits are worth the £7.99 a month you are paying depends on your personal shopping habits. If you spend £100 on groceries every fortnight in a single shop, you would save £20 per month. That would mean, disregarding all the other benefits, that you were saving £12 a month.

The problem is that many of us are moving away from big weekly or monthly shops, choosing to nip around to the local shop more often to buy fresh produce.  There is no simple answer, so you will have to work out yourself if you will save any money upgrading yourself to Clubcard Plus.

The inability to claim the discount on deliveries is also odd.

That said, lockdown appears to have given the scheme a new lease of life.  People are spending more at supermarkets because they are currently eating all of their meals at home.  People are also focusing on doing bigger shops because the hassle to queueing up to get into shops means that it makes sense to minimise your trips.

Even if you dismissed Clubcard Plus when it launched, your post-lockdown shopping habits may mean it is now more relevant.

Is the Tesco Clubcard Plus credit card any good?

Whilst Clubcard Plus launched in November, the credit card only launched in February.  It looks like this:

Here is a summary of the benefits:

No annual fee

No foreign exchange fees

0% interest on purchases for 12, 15 or 18 months depending on status

Earn 1 Clubcard point for every £8 you spend (1 per £4 in Tesco)

Representative interest rate on purchases 19.9% variable

There is NO sign-up bonus.

On the face of it, these benefits are not bad.  The problem is this – they are nowhere good enough, on their own, to justify paying £7.99 per month for Clubcard Plus.

I would go further, in fact, and say that this credit card should play no part in your decision on whether to get Clubcard Plus or not.

The Clubcard earning rate on this card is the same as the rate on the free Tesco credit card.  At 0.125 Clubcard points per £1, you would get 0.375p of Clubcard Boost deals per £1 spent, assuming you redeem for a ‘3x’ offer.

It’s not great.  More importantly, if you want a Tesco credit card you can get the free one which has the same earning rate – there is no need to join Clubcard Plus.

Similarly, there are no shortage of free credit cards offering 0% foreign exchange fees.

There is one genuine benefit.  As well as 0% FX fees, you will also earn Clubcard points on your foreign spend.  This means that you are getting a reward for FX spending on top of savinng the 3% FX fee.


Tesco Clubcard Plus is a bit of a missed opportunity and, for Tesco, possibly a mistake.

If you spend £80 or more across no more than two in-store shopping trips per month, it makes sense to join – but does it make sense for Tesco to give you a big discount, whilst also alienating online customers?

For everyone else, the additional benefits – such as this credit card – are so weak that signing up makes no sense.  This isn’t Amazon Prime, by a long way

If you have got Clubcard Plus already and spend a lot of money outside the UK, it may be worth adding this card in order to earn Avios whilst racking up 0% FX fees.  Assuming you already have a 0% FX fees card without rewards, however, I doubt the benefits make it worth adding yet another card to your life.  If you had £5,000 of foreign spend per year you would earn just 1,500 Avios, which is hardly worth the effort of applying.

You can apply for the card on the Tesco Bank website here.

PS.  Our sister site Head for Points published this recent article on 10 good reasons to get the standard Tesco Clubcard Mastercard credit card.

Want to earn more Clubcard or Nectar points? Click here to visit the Shopper Points home page for the latest news and offers. Come back every day for new deals or join our email list.

Do you earn Clubcard or Nectar points from your credit card?.  If not, you're missing out. We review the best options in this article.

Do you convert Clubcard points into Avios or Virgin Flying Club? If you do, visit our sister site, Head for Points, which is full of tips for maximising your frequent flyer miles.

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  1. Welcome back Shopper Points!

    I have taken out Tesco Pet Insurance as per HfP recommendation, as it should have been here.

    Thanks and keep going….

  2. Totally agree, basically a total waste of plastic.

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