Build your credit rating with the Tesco Foundation Credit Card @ TescoBank, with cashback £45.45 TCB or £45 Quidco
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Build your credit rating with the Tesco Foundation Credit Card @ TescoBank, with cashback £45.45 TCB or £45 Quidco

48
Found 4th Jan
Build your credit rating with the Tesco Foundation Credit Card, with cashback £45.45 TCB or £45 Quidco

Maybe this will help for someone who need to build a credit rating.

I applied this Tesco Foundation Credit Card while ago when my credit score was low due to I was new in this country.

From my experience this credit card for for a starter to build a credit rating, as long as you are wise to use it ( no default ).

I have successfully grabbed a Tesco Bank cashback from TCB for the balance transfer card years ago, so I can say the cashback is real.

Benefits:
-Tesco points
- Free access to Noddle Improve and Noddle Alerts for 3 years from the moment you sign up

Please remember to sign up from TCB or Quidco whichever your preference to get the cashback.



==============
Wording from TCB:

If you're looking to rebuild or improve your credit rating following a history of impaired or bad credit, then the Tesco Bank Foundation Credit Card could help you get back on track.

Manageable monthly repayments from £25 and credit limits between £250 and £1,500

Set up email and text alerts to help you avoid missing repayments and stay in control

Tesco Bank mobile app helps you keep on top of your spending, on the move

Stay in control of your credit score through our partnership with Noddle, part of the Callcredit Information Group.

Earn Clubcard points wherever you use your card, plus your usual points in Tesco. Terms apply.

Apply online and get a decision within 60 seconds. Credit limit is subject to status.

Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 27.5% (variable), representative 27.5% APR (variable). Credit available subject to status.

You must be at least 18 years old, and live in the UK or have a BFPO address to apply

You must not be registered bankrupt in the past 18 months or have proceedings

You must not have had County Court Judgements in the past 18 months

Tesco Bank PO Box 27028 Glasgow, G2 9FT
Community Updates
Read MSE guide to bad credit credit cards BEFORE you apply! moneysavingexpert.com/cre…rds

Direct link to card application tescobank.com/cre…tml

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48 Comments
@StudentGrant Please do not apply directly. You will not get any cashback. One of the reason I posted this is to get the cashback. Even if you applied, approved and did not use it, you can consider £45.45 as a "gift" on your Topcashback or Quidco account.
Edited by: "be2st" 4th Jan
Is this one of the best to build a credit rating? Looks like I may need to worry about that in a few years or a decade :/!!
TCB now showing £47.25 cashback
Zoea15 m ago

Is this one of the best to build a credit rating? Looks like I may need to …Is this one of the best to build a credit rating? Looks like I may need to worry about that in a few years or a decade :/!!


This is based on my own experience. I didn't know if it is one of the best, but you can compare the APR is lower than other credit rating builder. But I always paid the balance in full, so I never been hit by the interest.

moneysavingexpert.com/cre…rds

But please remember don't apply through other than Topcashback or Quidco, otherwise you will not get the cashback.
Edited by: "be2st" 4th Jan
Topcashback Terms & Conditions and other useful information


Accepted Applications
Cashback will track into your TopCashback Earnings within 3 working days of every successful application. Cashback should then become payable 60 - 90 days after every successful application, unless otherwise indicated on the Avg Payment Speed statistics. Cashback is available through TopCashback on genuine, tracked transactions.

What else is essential?
If you apply for a Tesco Bank Credit Card and you are not given an instant online decision (the notification given will be: 'We may be able to give you a card'), your application will track within 3 working days into your TopCashback Earnings at a cashback value of £0.00 under the merchant Tesco Credit Card - Referred Customers.

If you are subsequently accepted for a Tesco Bank credit card following a manual review of the application, to claim your cashback you will need to 'verify' your sale by confirming your full name, date of birth and the first eight digits of your Tesco Bank credit card within your TopCashback account. The form to do this will be available via your 'Account Overview' page once your initial sale has tracked. Please complete this form to verify your sale within 3 months. Once you have verified your sale cashback should then become payable after 60 - 90 days, unless otherwise indicated on the Avg Payment Speed statistics.

  • What will stop me getting cashback?
    • This program is being monitored, so any abuse of the terms in any way may result in your account being terminated.
    • In common with other insurance companies, this merchant does not pay cashback on renewal of policies or on saved quotes, unless we have indicated otherwise above.
    • Using a promotional/voucher code not posted and approved by TopCashback.
  • What else is essential?
    • In order to click through to this merchant and earn cashback you must have your BACS details registered.
    • It is very important to clear your cookies before proceeding through this link. If you have previously visited the Tesco Bank website (directly or indirectly) a cookie may have been placed on your computer and your cashback may not be tracked.
  • Good to know
    • You can only withdraw your cashback via BACS once it reaches Payable.
    • From time to time information displayed here may be out of date. Please see Topcashback's full Terms and Conditions page for further information.
    • Cashback rates are subject to change both up and down.
    • Recurrences on the amount of purchases that can be made while earning cashback may be limited.
    • Tesco Bank Foundation Credit Card cashback can be earned simply by clicking through to the merchant and shopping as normal.
    • Transactions will initially track at £0.00 and uplift on validation.
    • Unless otherwise stated expect transactions for this merchant to appear within 24 hours. Transactions are usually confirmed within a month and should become payable within 30 - 60 days after the event date, unless otherwise indicated on the Avg Payment Speed Statistics.
    • This merchant calculates cashback excluding VAT, delivery and any other charges.
    • Tesco Bank Foundation Credit Card Cashback is available through TopCashback on genuine, tracked transactions completed immediately and wholly online.
  • What to do when
    • The vast majority of transactions from merchants track successfully, occasionally a transaction may not get reported. If you believe this to be the case, please submit a "Missing Cashback" query within 100 days of the transaction, we will be unable to chase up claims older than this.
    • Some merchants may not be forthcoming with untracked cashback. We endeavour to chase untracked cashback but reserve the right to halt enquiries at any time. Please do not make purchase decisions based upon expected cashback as it is not guaranteed.
Eligibility Checker, using soft search. This will not impact your credit score.

creditcards.moneysavingexpert.com//ba…158

Once again, you need to apply through TCB in order to get the cashback.
Edited by: "be2st" 4th Jan
Why is this card going to be better for building your credit rating than any other card? Or is it for people who cannot get accepted for "better" cards?
So signed up to tcb. Went via that to tesco bank. Applied for card. Have been given it. Should it show as pending in tcb account or takes time. Really should have signed up to this tcb ages ago. Sorry newbie to it
How quick do you have to paid the balance? I can buy something and immediately paid to leave a 0 balance, so I can use the credit card to be safer when purchasing online in foreign stores? Thanks in advance, sorry if my questions sounds silly, but I'm really new to these things.
Thanks, love me some free money!
dm_hallam43 m ago

So signed up to tcb. Went via that to tesco bank. Applied for card. Have …So signed up to tcb. Went via that to tesco bank. Applied for card. Have been given it. Should it show as pending in tcb account or takes time. Really should have signed up to this tcb ages ago. Sorry newbie to it


You need to have a tcb account. Then click on the tesco foundation cashback, it will redirect you into tesco bank to apply. It will be tracked on tcb as pending. It will take a couple of month until it is payable. You need to have a UK bank account to get the money from tcb into your account. Tcb is a good thing to get money back from your purchase or utility switch.
Lert18 m ago

How quick do you have to paid the balance? I can buy something and …How quick do you have to paid the balance? I can buy something and immediately paid to leave a 0 balance, so I can use the credit card to be safer when purchasing online in foreign stores? Thanks in advance, sorry if my questions sounds silly, but I'm really new to these things.


The easiest way to setup direct debit to pay in full balance, so you don't have to remember and didn't miss any payment which will negative your score and damaging your credit. Credit card purchase is protected. But you need to read more about this. I will not using my debit card to purchase abroad. I certainly built my credit score from poor to fair by building my credit rating.
McHotpoon15 m ago

Thanks, love me some free money!


Last time I got £30+ from tesco balance transfer tcb.
be2st27 m ago

You need to have a tcb account. Then click on the tesco foundation …You need to have a tcb account. Then click on the tesco foundation cashback, it will redirect you into tesco bank to apply. It will be tracked on tcb as pending. It will take a couple of month until it is payable. You need to have a UK bank account to get the money from tcb into your account. Tcb is a good thing to get money back from your purchase or utility switch.


Sorted. Shown up in tcb app now as pending read it can take 3 months to clear once all sorted. Thanks for advice. Time to use tcb and get some future xmas savings stored up
dm_hallam19 m ago

Sorted. Shown up in tcb app now as pending read it can take 3 months to …Sorted. Shown up in tcb app now as pending read it can take 3 months to clear once all sorted. Thanks for advice. Time to use tcb and get some future xmas savings stored up


Welcome to the club
heat! great work sourcing all this info.
They declined my cashback through TCB and I'm a seasoned tcb user with a £1500 + cashback total
Will never using the credit card affect my rating at all? I'm only applying for the free cash
Eez11 h, 58 m ago

Will never using the credit card affect my rating at all? I'm only …Will never using the credit card affect my rating at all? I'm only applying for the free cash



I wouldn't have thought so unless it was a particularly large balance of available credit which is not going to happen at initial issue. Some minor consideration to their check on your file but thats minor really.... my cards already on the way used Quidco.
Applied for this just for the free £45 quidco (I’d never apply for a card like this with my 999 score credit rating)..

but Quidco seems to have tracked it as a “Tesco Bank credit card for purchases” which pays only £29 cash back.

Will this correct itself after I receive the card and complete the ‘verify my purchase’ process which Quidco have emailed me to complete after I receive it ?

I plan on just using the card once for a few £s, paying it off in full, then cancelling it as soon as I get my Quidco cash back paid.
Edited by: "unhappybunny" 6th Jan
Applied and accepted. £500 limit. Cheeky bastardos. I have £9500 with John L and £10,000 with Barclaycard. I just want £45 free anyhoo. Thanks much for posting.
MCGONIS10 h, 36 m ago

Applied and accepted. £500 limit. Cheeky bastardos. I have £9500 with J …Applied and accepted. £500 limit. Cheeky bastardos. I have £9500 with John L and £10,000 with Barclaycard. I just want £45 free anyhoo. Thanks much for posting.


This is a foundation credit card. They will not give you a big credit limit.
Edited by: "be2st" 10th Jan
unhappybunny6th Jan

Applied for this just for the free £45 quidco (I’d never apply for a card l …Applied for this just for the free £45 quidco (I’d never apply for a card like this with my 999 score credit rating)..but Quidco seems to have tracked it as a “Tesco Bank credit card for purchases” which pays only £29 cash back.Will this correct itself after I receive the card and complete the ‘verify my purchase’ process which Quidco have emailed me to complete after I receive it ? I plan on just using the card once for a few £s, paying it off in full, then cancelling it as soon as I get my Quidco cash back paid.


I think it's better to contact Quidco about it.
They gave me £1500 credit limit ! LOL.

Have sent an email about it showing £29 instead of the correct £45
Didn't track on Quidco for me
Anyone got the cashback yet?

I used the card once and just rang em to pay it off. Wont ever use it again.

They tried to persuade me to sign up for online servicing all that jazz.. didn't have the heart to tell them I won't ever be needing that matey only got it for the free money lololololol
I applied for this card through TopCashback and the £45.45 was cleared and payable to me when I checked yesterday so requested a BACS payment straight away. It went from the £45.45 pending to confirmed to payable very quick, in fact it's the quickest cashback I've ever had, just three weeks.

Used it once last week for a £10 shop which I will clear when the statement arrives.
Kudos to the poster and Tesco.
Asghar19 h, 14 m ago

I applied for this card through TopCashback and the £45.45 was cleared and …I applied for this card through TopCashback and the £45.45 was cleared and payable to me when I checked yesterday so requested a BACS payment straight away. It went from the £45.45 pending to confirmed to payable very quick, in fact it's the quickest cashback I've ever had, just three weeks.Used it once last week for a £10 shop which I will clear when the statement arrives.Kudos to the poster and Tesco.


Still just showing tracked for me on Quidco , and still showing £29 not the correct £45. Robbing gits
Got my new card and got my tcb money heading to my bank. Happy chappy
Nothing on my Quidco, not even tracked
just wanted to say thanks to op for posting.. got cash via tcb today..thanks
Got given a £250 limit lol but tracked at £30 so hopefully ups to £45 when it’s cinfirmed
unhappybunny28th Jan

Still just showing tracked for me on Quidco , and still showing £29 not …Still just showing tracked for me on Quidco , and still showing £29 not the correct £45. Robbing gits


Tracked but shows £29 not £45!
Quidco asks for the first 8 digits of card no (which I still waiting for!) to verify the purchase. I answered N/A but it doesn't like it, any clue?
mha_86018th Feb

Tracked but shows £29 not £45!



Same happened for me... and today, it changed the status to DECLINED! ! !! !

This is the worst Quidco offer ever...

They won't help and it just says 'claims can not be investigated for this retailler'

They are robbing gits and this is a big con and they can all goto hell.

I WANT MY MONEY
I would bet my winnings from Cheltenham that NOBODY has been paid out the £45 from this deal !!!!!!!!
unhappybunny2 m ago

Same happened for me... and today, it changed the status to DECLINED! ! !! …Same happened for me... and today, it changed the status to DECLINED! ! !! !This is the worst Quidco offer ever...They won't help and it just says 'claims can not be investigated for this retailler'They are robbing gits and this is a big con and they can all goto hell.I WANT MY MONEY


And that's why I never use Quidco.
TCB are much better imo
Avatar
deleted1864178
My cashback has been declined! This is what Quidco says!

"Unfortunately your cashback has been declined. We're sorry to tell you that this retailer does not accept cashback claims, so we're unable to investigate this further for you."
deleted186417817th Mar

My cashback has been declined! This is what Quidco says!"Unfortunately …My cashback has been declined! This is what Quidco says!"Unfortunately your cashback has been declined. We're sorry to tell you that this retailer does not accept cashback claims, so we're unable to investigate this further for you."



Same.... what a f****** con....
I’ve emailed them they haven’t replied yet
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