Tesco Bank to Close Clubcard Pay+ Prepaid Card Service on April 26

# Tesco Bank Closes Clubcard Pay+ Service Tesco Bank is closing the Clubcard Pay+ prepaid card service on April 26. The bank is also closing the Round Up savings accounts linked to Clubcard Pay+. Tesco Bank decided to close the Clubcard Pay+ product following a review of its usage.

" Tesco Bank first informed customers of the Clubcard Pay+ closure in November 2025. The Clubcard Pay+ card was withdrawn for new customers in 2025.

Customer Transfer Options Customers can transfer balances from Clubcard Pay+ accounts to any UK bank account in their name using the Clubcard Pay+ mobile app.

Funds in Round Up savings accounts must be transferred to the main Pay+ account before moving to another account. Any money left in Clubcard Pay+ accounts after April 26 will be returned to customers. Tesco Bank confirmed that any remaining balances or interest owed after closure will be returned to customers.

Customers may experience delays in receiving returned funds compared to withdrawing funds themselves. Interest payments due annually on Round Up savings accounts were issued on March 31.

Product Background The Clubcard Pay+ card launched in 2022.

The Clubcard Pay+ card allowed users to earn loyalty points on spending at Tesco and other retailers. The Clubcard Pay+ card operated as a prepaid card enabling customers to load funds and collect Clubcard points on purchases. The Clubcard Pay+ service included a round-up feature that automatically moved spare change from transactions into a linked savings account.

Customers wishing to continue collecting Clubcard points will need to use a separate Clubcard accessible digitally through the Tesco app or as a physical card.

Advice for Affected Customers MoneySavingExpert analyst Gavin Shepherd advised customers to withdraw funds as soon as possible to avoid delays.

Gavin Shepherd recommended that customers check that contact details are up to date within the Clubcard Pay+ app. Customers have been advised to update payment details for any subscriptions linked to the Clubcard Pay+ card. Tesco Bank warned that customers using Pay+ for services such as Netflix or Amazon should switch their payment method before April 26.