To ease the economic burden on drivers and owners during the period of credit crisis, Tesco Personal Finance has introduced a new offer for its clients, a cashback of £50 to its customers who would register for its Tesco Car Insurance policies before the 4th of February. The cashback would be mailed to the customers in the form of cheque.
However, policy holders would be required to pay their premiums for one and a half months. Head of the supermarket bank, Allan Burns said that in such hard times £50 cash would be really helpful. Since the last recession, sale of cars has been badly hit during this Christmas. However, according to some analysts, though like-for-like sales have been on the rise, Tesco's decision to launch new products in its existing range may hamper some of it profit margins.
100% 
95% 
