Tesco Bank backtracks on charging cash advance fees to Curve Card customers

As we noted a few weeks ago, Tesco Bank had started to treat purchases made using a Curve Card as a cash advance.  Which, of course, makes no sense.  This meant that Tesco Bank had started to impose a whopping 3.99% fee on all Curve transactions.

Tesco Bank has now backtracked.

The following statement has been posted on Tesco’s “Your Community” site:

We recognise that the application of this fee when a Tesco Bank credit card is used to fund Curve accounts has created some confusion for customers. We apologise to customers for this confusion. As a result, we have chosen to pause the charging of this fee in relation to Curve customers while we review this matter. Any customer who has been charged to date will be refunded, and should we make any future changes we will let our customers know.

Hopefully those of you were charged fees by Tesco Bank will soon see the money back on your card.

Curve will pay you £10 for trying it out if you use our link.

Want to earn more points from credit cards? – December 2021 update

If you are looking to apply for a new credit or charge card, here are our November 2021 recommendations based on the current sign-up bonus. 

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the top current deals:

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers.

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending:

Barclaycard Select Cashback Credit Card

1% cashback and no annual fee Read our full review