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How to find out my credit card interest rate?

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Little helper

How to find out my credit card interest rate?

Where can I find the current applicable APR for my credit card? I'm surprised it doesn't seem to be shown anywhere in my statements, and I can't find it in the app or online banking either. 

5 REPLIES 5
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Your Community Expert

Re: How to find out my credit card interest rate?

Hi @mtford, thanks for your post. 

 

This information is contained in your welcome documents or if you no longer have these, you can send a private message to @Tesco-Bank and we can let you know. 

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Just looking

Re: How to find out my credit card interest rate?

How do I send a private message? Why is this critical information so hard to find?

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Safe hands

Re: How to find out my credit card interest rate?

Hi @kevinotteson 

 

To send a 'Private Message' click on this link @Tesco-Bank and it will take you to a page 'About Tesco-Bank'. In the top right of the page click 'Send a message' and a page opens up, 'Create New Message'. Complete it and send your message securely. Remember to include your full name, date of birth and postcode.

Hope this helps!

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Your Community Expert

Re: How to find out my credit card interest rate?

Hi @kevinotteson, thanks for getting in touch. Please search for 'Tesco-Bank' under users and then click send message on the profile page. Once we've got you private, we'll take a look into this for you.

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In the know

Re: How to find out my credit card interest rate?

A little late to the party but there's another way to find out the APR for your credit card.

 

On your statement you'll see a rate of monthly interest (in my case it's 2.046%).

 

Money Saving Expert had a calculator and gave me the following result:

 

If your monthly interest is 2.046%, that means an annual rate of 27.51%