Rating based on 28 reviews

Tesco Bank


  • Debt Consolidation up to £25,000
  • Low-interest starting from 2.9%
  • Repayment up to 3 years

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Tesco Bank homepage

Author Tesco Bank. Screenshot of Tesco Bank website. [Accessed May 15, 2020]

About Tesco Bank

Everybody dreams of a better life and ways in which they can improve their current lifestyle. Unfortunately, with the increased cost of living dreams have taken a back seat.

Tesco Bank is proud to say that we are here to help make your dreams come true. Whether you have been dreaming of a family vacation or getting your debt under control these are now all within your grasp with out debt consolidation loans.

Let us help you to plan your future

It is our dream to be the bank that UK citizens flock to for their financial needs. Since 1997 we have been assisting our fellow citizens to get the best financial products, deals, and service that they could ask for.

When it comes to financing nothing short of perfection is suitable for our customers. With the advancement of technology, we have made borrowing even more accessible to all. Our long and short-term loans are now available 24/7 with easy online access via your mobile. What sets us apart from the rest is that we listen to what our customers’ need and ensure to adapt our processes and operations in order to ensure their satisfaction. Whatever you need, anytime and anyplace, Tesco Bank is here to ensure that you receive what you wish for.

Tesco Bank Services

There will be times when finances become strained but these are not situations that should cause you to panic or become frustrated.

In times like these, it is important to remain calm and think smart: if a debt such as a payday loan has got you worried then it is time to find a way to lighten the burden. We have the perfect solution for you!

Allow us to lend a hand

If you find that you are experiencing difficulties with money management or can no longer keep up with multiple small credit card, store card or loan debts then you should consider applying for a debt consolidation loan.

Having many debts in different places can result in unnecessary stress but, with a debt consolidation loan, you will be able to repay all of your current debts and focus only on repaying a single loan monthly.  At Tesco, you can access loan amounts ranging from £1,000 up to £35,000 repayable over a term of one to ten years. The rate which you will receive will strongly depend on the loan amount, term and your past and current financial circumstances. Do not hesitate to consolidate – apply for debt consolidation loan today.

Tesco Bank Product Details

  • Loan Type Debt Consolidation
  • Interest Rate from 2.9%
  • Loan Amount up to £25,000
  • Repayment 1 year to 3 years

Benefits of Tesco Bank

  • Receive a decision in an instant
  • Pay lower interest
  • Easy to manage repayments

Tesco Bank – a place where dreams come true

When it comes to finances and banking every individual has their own preference. While some may enjoy the convenience of online platforms others prefer to handle their finances face-to-face.

Whatever the case – we have a variety of banking platforms for our customers to choose from. Convenience is within your grasp.

Online banking – because you deserve the best

Improvements in modern technology have given rise to many more convenient lending options for our customers. This is why online banking is now so successful. Online banking provides an easy approach to account management, online loan applications and to check balances or make transfers. Whether you are in the office or relaxing at home you now have the convenience to gain access to your finances when you want to. Register on our website today and take your finances into your own hands.

Mobile banking – for finance on the move

If you prefer to be able to check your finances while you are on the go then mobile banking is definitely the answer for you. Gain access to all the functionality offered by online banking now on your mobile phone with the Tesco Bank app. The app can be downloaded from the App Store and Google Play; an entire world of finance now at your fingertips.

Why we are the obvious choice in banking

Simply put we are a bank that offers products and services which encourage our customers to be smarter with their finances. Our customers are at the heart of our operations and keeping those six million loyal customers happy is what we strive to do. Flexibility and versatility make up the core of our financing options to ensure that our deals are designed around your preferences. The call centres are staffed with employees who are not only knowledgeable but also friendly. They can assist you whenever you have questions and ease your concerns regarding consolidating your debt. We will even throw in some points to thank you for banking with us. Allow us to show you how a bank is meant to take care of its customers.

What are the Tesco loan requirements?

In order to qualify for one of our Tesco personal loans, you will need to be between the ages of eighteen and 74 years of age. You should also have lived in the UK for a minimum of three years earning a regular income. Only UK bank accounts will be accepted. During the application process, you will be required to provide proof of income, residence, existing loans as well as other paperwork depending on the loan which you are applying for

Customer Reviews & Testimonials

Tesco did an amazing job at tailoring a loan to help me consolidate my debt. I now have affordable rates and fees and the repayment term is more than manageable.

Mark V
— Edinburgh —

I spoke to more than one consultant in branch and I was very impressed by both. Very well trained and incredibly friendly.

Lewis W
— Edinburgh —

I decided to apply online and was shocked at how fast and easy the process was very user-friendly site.

Caleb M
— Edinburgh —

Tesco Bank Contact Details

Physical Address

Opening Hours

  • Monday Open – 24 hours
  • Tuesday Open – 24 hours
  • Wednesday Open – 24 hours
  • Thursday Open – 24 hours
  • Friday Open – 24 hours
  • Saturday Open – 24 hours
  • Sunday Open – 24 hours