The TSB Advance Credit Card stands out for those seeking a straightforward and affordable way to manage their spending. With a competitive representative APR of just 12.9% (variable), it’s among the lowest rate cards available in the UK. Applicants could typically expect credit limits depending on their circumstances and subject to approval. Notably, for the first three months, you can benefit from 0% interest on both your purchases and balance transfers, making this card appealing for new users planning larger spends or seeking to consolidate existing debts.

How to Apply: Step-by-Step

To apply for the TSB Advance Credit Card, first gather your UK address, bank account number, and sort code. Next, ensure you are over 18, a UK resident, with a regular income and no recent CCJs or bankruptcies. You can then apply online or via the TSB app, where existing customers will find applications even quicker as their details are auto-filled. Whether you apply online or through the app, you’ll be able to check your eligibility without impacting your credit score.

Key Benefits of the Advance Card

The card’s most attractive benefit is its low, simple interest rate, enabling users to spread the cost of purchases affordably. Additionally, you receive 0% on purchases and balance transfers for three months, and no balance transfer fee for the initial 90 days. Contactless and mobile payments are supported, further improving convenience. As a Mastercard holder, customers gain access to exclusive discounts and experiences via Priceless.com, adding extra value beyond daily purchases.

Possible Drawbacks

On the downside, after the first 90 days, a 5% balance transfer fee applies, which could add to costs for those transferring balances later. The lowest advertised interest rates and limits may not be guaranteed, as actual offers depend on individual circumstances. There’s also no long-term rewards or cashback programme, so users seeking ongoing incentives might not find this card fits their preferences.

Our Verdict

If you value low interest rates and the ability to spread spending without worrying about complex promotional windows, the TSB Advance Credit Card is a top pick. It’s especially suited for those with planned purchases or consolidating short-term debts. However, users wanting continual rewards or needing extensive balance transfer time should evaluate their options against long-term costs. On balance, it’s a sensible, reliable choice for cost-conscious spenders.