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Tesco Bank cuts rates on personal loans

Your Money
Written By:
Your Money
Posted:
Updated:
05/12/2014

Tesco Bank has reduced the interest rates on loans between £7,500 and £15,000.

Customers will now pay 4.8%APR, down from 5.1%. The offer is available from 30December 2013 to midnight 5 February 2014.

The bank is also extending the 0% balance transfer offer on the Clubcard Credit Card to 29 months.

David McCreadie, managing director of banking at Tesco Bank, said: “We know that the New Year is a time when customers review their finances, and these changes reflect our commitment to offering good value across our range of products.”