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Collect Clubcard points with your formal mortgage offer from Tesco Bank

29 May 2017

Tesco Bank is pleased to bring colleagues with a Privilegecard an exclusive offer on our mortgage products. As a Privilegecard holder, colleagues can collect 2,500 Clubcard points when they apply, are accepted, and then receive their Formal Offer for a Tesco Bank Mortgage.

This offer is available to first time buyers, home movers and remortgage customers who don’t already have a mortgage with Tesco Bank. To receive a Formal Offer from Tesco Bank, a full credit search and assessment of the details you provided will be carried out. A record of our search will be left on your credit file that other lenders can see.

Just be sure to enter your active Privilegecard number during the application process to ensure you collect your Clubcard points. Your Clubcard points will be added within 12 weeks following the formal offer decision.

Tesco Bank offers an award-winning range of fixed rate and tracker mortgages with competitive rates. So whether you’re a first time buyer, moving home or looking to re-mortgage, we’re sure we’ll have what you’re looking for. Plus, as a thank you for choosing us, all our mortgage customers collect Clubcard points on their repayments. You’ll collect 1 Clubcard point for every £4 you pay on your monthly repayments and any regular or lump sum overpayment. Earn rates are subject to change. You won’t collect Clubcard points on any fees or charges paid separately from your mortgage payment, or on any overpayment you make to pay your mortgage off in full.

For more details and how to apply, please visit

Subject to status and lending criteria.


Additional Terms and Conditions

  • The credit search that is carried out is a normal part of many credit application process that may affect your ability to obtain credit elsewhere for a short period of time. Only the first Formal Offer will qualify to collect Clubcard points.
  • For a joint mortgage account the points will be added to the Privilege card entered during the application. If both applicants are Privilegecard holders then the points will be added to the primary applicant.
  • The 2,500 Clubcard points will be added within 12 weeks of receiving your Formal Offer.
  • We may withdraw this colleague offer at any time.
  • The Tesco Clubcard Scheme is administered by Tesco Stores Limited, Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, AL7 1GA, who are responsible for fulfilling points.
  • Use of this offer must adhere to general Privilegecard terms and conditions.