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Tesco bank

Tesco customers can now collect three times the amount of Clubcard points normally awarded when they spend £50 on branded gift cards in store.

Customers can collect 150 Clubcard points for every £50 they spend on one or more branded gift cards. Over 40 gift cards are available for customers to choose from, including high street fashion brands, home retailers, restaurants, entertainment, travel and spa experiences. Gift cards available from Tesco include: iTunes, Top Shop, Pizza Express, Cineworld, Starbucks and B&Q.

This offer allows a regular Pizza Express customer, Cineworld film buff, or DIY fanatic to buy a gift card to use as cash and collect extra Clubcard points in the process. Clubcard points can be used to save money at Tesco, and exchanged for up to four times their value on a range of rewards including popular days-out and restaurants.

Euan Ballantyne, Head of Transaction Services at Tesco Bank said: “We’ve seen a surge in the popularity of gift cards as customers increasingly use them to make everyday purchases as well giving them as presents to friends and family.

“We know customers are looking for extra value and reward on all of their spending. By introducing this offer we are responding to their needs, by allowing them to collect a significant number of additional Clubcard points by simply purchasing a branded gift card to use as cash.”

For more information, please visit www.tesco.com/giftcard

- Ends -

For media enquiries please contact:

Adam Treslove, Tesco Bank, adam.treslove@tescobank.com, 0131 479 1345
Risha Parmar, Sarah Rowley, Fishburn Hedges, tescobank@fishburn-hedges.co.uk, 020 7839 4321

Notes to Editors:

Customers receive 150 Clubcard points for every £50 spent on selected gift cards in-store.

The offer is only available on branded Gift Cards and is not available on Tesco Gift Cards or Visa branded cards.

Clubcard points will appear on a future statement. Please read the important terms and conditions on the back of the card before you buy. No refunds are available.
The Clubcard Scheme is administered by Tesco Stores who are responsible for fulfilling points.

About Tesco Bank

Tesco Bank is the UK’s largest supermarket bank.

• Our customers hold 6.5 million accounts and policies with us.
• We opened for business in 1997 and since 2008 have been wholly owned by Tesco PLC.
• We now have over 3000 staff based in Edinburgh, Glasgow and Newcastle.
• For the year ending February 2012, Tesco Bank made a base line profit of £203m - up 29% from the year before.

Our aim is to be the financial services provider of choice for Tesco customers by giving them good service, great value and by rewarding their loyalty for shopping at Tesco.

Tesco Bank products and services are available online at tescobank.com and by telephone from our UK-based service centres which, like our stores, are open 7 days a week.

We aim to be a valued part of the communities we operate in.

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. 173199. Registered Address: Interpoint Building, 22 Haymarket Yards, Edinburgh, EH12 5BH.

This press release was distributed by ResponseSource Press Release Wire on behalf of Arena Media in the following categories: Personal Finance, for more information visit https://pressreleasewire.responsesource.com/about.