MILLIONS of Tesco shoppers have a week left to redeem £15million of vouchers before they expire.

If Clubcard customers fail to use them before May 31, they’ll loose them for good.

Millions of Tesco shoppers have one week left to redeem Clubcard points earned in May 2021

1

Millions of Tesco shoppers have one week left to redeem Clubcard points earned in May 2021Credit: Handout

The points, which were first issued in May 2021, have to be redeemed within two years.

Shoppers can convert the points into Clubcard vouchers which can be used in-store and online to save money on their Tesco shop

If you decide to use your vouchers for your Tesco shop, every 150 points can be exchanged to the value of £1.50.

Your vouchers can also be used to cut the cost of car fuel and can even be tripled in value to spend at over 100 reward partners including Pizza Express and Zizzi.

UK inflation rate drops to 8.7% after record highs – what it means for you
BoE boss blaming the weather for bungling its inflation forecasts

You can also swap vouchers for money off your Tesco mobile bill.

You can find out how many Clubcard points you have in the app. Just head to your account and select statements.

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.

Most read in Money

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.

How is Tesco’s Clubcard changing this year?

From June 14, Clubcard points spent with reward partners will be worth less.

Customers can currently exchange and triple the value of these vouchers at various reward partners including Pizza Express and Zizzi.

But from June 14, 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 for as long as possible 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.

Drivers using Clubcards can also currently get one point for every £2 of fuel they buy.

But fom 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 145.69p as of May 5, according to the RAC, so two litres cost almost £2.91.

That means the majority of people will be getting less Clubcard value from buying fuel.

Little-known TV licence rule could save you up to £159 a year
Woman left unable to talk properly after her new dentures arrive totally uneven

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.

This post first appeared on thesun.co.uk

You May Also Like

When is the Ethereum ‘London hard fork’ update and will the price go up?

CRYPTOCURRENCY investors may be aware of a major update to Ethereum dubbed…

Is Card Factory open during lockdown? Opening hours and advice

BRITS who are worrying about sending Christmas cards during lockdown might be…

Kickstart your career in the travel industry

READY to see your career take off? Then check-in to the airport…

Iceland brings back sell-out air fryer that costs just £35 – exact date you can buy it

ICELAND is bringing back its air fryer that flew off shelves last…