You could use your personal loan from Tesco Bank to purchase a new car, make some home improvements or organise your finances into one fixed monthly payment.
Eligible customers have the option to apply for a two-month payment break before starting their monthly payments.
The information below summarises our loan features and is not intended to replace any terms and conditions.
You can defer your payment by two months, subject to eligibility, at the beginning of your loan. If this option is taken the first payment would be taken the third month after the issue of the loan. Interest continues to accrue during the break period.
A charge of £50 for this service will be charged in addition to the first monthly payment. This is not added to your loan amount and interest is not charged.
Tesco Bank subscribes to the Lending Code. We recommend you read A guide to the Lending Code for Customers. Full details of the code are available from the Lending Code Standards Board website.