Tesco Bank is a British retail bank offering insurance, credit cards, loans, savings, and travel products. It was formed in 1997 as a joint venture between Tesco and Royal Bank of Scotland, becoming a wholly-owned Tesco subsidiary in 2008. The bank targets Tesco customers, providing simple and convenient services with loyalty rewards through Tesco Clubcard points. Its unique selling proposition is integrating banking services with retail loyalty programs, enhancing customer convenience and loyalty. Tesco Bank operates primarily online, with call centers in Glasgow, Edinburgh, and Newcastle, focusing on ease, value, and trust for its customers[1][3][5].