Days left for millions of Tesco Clubcard holders to act before major points cut – act before it’s too late
MILLIONS of Tesco Clubcard holders have just days left to swap their points for vouchers before a major change to the scheme.
The supermarket giant is cutting the value of points spent with reward partners from Wednesday, June 14.
Right now, shoppers can exchange and triple the value of their points at various reward partners including Pizza Express and Zizzi.
But from Wednesday, Clubcard vouchers will only be worth double their value if exchanged at any of Tesco’s 100 reward partners.
The move will mean that their value won’t go as far as it used to on things like family days out at Alton Towers Resort, meals at PizzaExpress, sunny getaways with Hotels.com and much more.
Customers wishing to avoid the points devaluation can do so by ordering partner codes before June 14.
These codes will still be worth the current rate and shoppers will have 12 months from their issue to redeem them.
Alessandra Bellini, chief customer officer at Tesco said: ”While we are making a change to how members can use their vouchers with our reward partners, we want to remind millions of Clubcard holders to redeem their vouchers at three times their value until 13 June.
“We have extended the validity of redeemed codes at the three times rate, so if swapped before the deadline, they will be valid for a year, instead of six months, to give customers even more time to enjoy them.”
But another change to the Clubcard scheme will hit shoppers on Wednesday too.
Drivers using Clubcards can currently get one point for every £2 of fuel they buy.
From June 14, you will collect one point for every two litres instead.
The current average cost of a litre of unleaded in the UK was 143.10p as of May 8, according to the RAC, so two litres cost almost £2.86.
That means the majority of people will be getting less Clubcard value from buying fuel.
The change excludes Esso filling stations with a Tesco Express store.
For Tesco Bank customers, the number of points you collect will also depend on whether you use your card to collect points for fuel, to pay for fuel, or both.
How does the Tesco Clubcard scheme work?
Tesco’s Clubcard was launched in 1995, allowing shoppers to earn points as they shop which can then be turned into vouchers for money off food or other partner schemes.
Each time you spend £1 in-store and online, you get one point when you scan your card or app.
You also get one point for every £2 spent on fuel.
One point equals 1p, so 150 points gets you £1.50, for example.
You’ll need a minimum of 150 points to request a voucher.
Once you have enough points, you can turn them into vouchers worth the face value to spend in-store at Tesco, or you can triple their worth to spend at reward partners, including restaurants, and on days out.
Clubcard holders also get cheaper prices on over 8,000 items thanks to Clubcard Prices.
Clubcard prices save the average member £351 their annual shop, according to Tesco.
But Tesco is making some major changes to its Clubcard scheme later this summer.