MARTIN Lewis has shared an urgent tip for anyone who shops at Tesco.
The MoneySavingExpert.com (MSE) founder warned people about changes coming to Tesco Clubcard this week.
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The supermarket giant is cutting the value of points spent with reward partners from Wednesday, June 14.
Taking to social media, Martin said: “Tesco Customer Tip. Please share with Tesco shoppers.
“This Tues, June 13 is the last day u get triple value rewards for trading in Clubcard points (eg £5=£15 Pizza Exp, Disney+, Legoland etc).
“From Wed it’s cut to double. So trade asap, especially as the rewards are then valid a year.”
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.
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These codes will still be worth the current rate and shoppers will have 12 months from their issue to redeem them.
This isn’t the only change coming in this week.
Drivers using Clubcards can currently get one point for every £2 of fuel they buy.
Also 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 is 146.40p as of April 3, according to the RAC, so two litres cost almost £2.93.
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.
How else can I save on my supermarket shop?
There are plenty of other ways to save on your supermarket shop.
You can try looking out for yellow or red stickers on products which show when they’ve been reduced.
If the food is fresh you’ll have to eat it fast, or freeze it to have another time.
Sometimes even timing your shop to stock up just as items are discounted on the shelves can help you get the best bargains – lots of shoppers have said this is in the evening typically.
Making a list could save you some money too as you’ll be less likely to make any rash purchases when you get to the supermarket.
Going own brand can be one easy way to save hundreds of pounds a year on your food bills too.
That means going for “own” or “value” type products instead of “finest” or “luxury” lines.
Plenty of supermarkets run wonky veg and fruit schemes as well where you can get cheap prices if they’re misshapen or imperfect.
For example, Lidl runs its Waste Not scheme offering boxes of 5kg of fruit and vegetables for just £1.50.
Do you have a money problem that needs sorting? Get in touch by emailing [email protected]
Do you have a money problem that needs sorting? Get in touch by emailing [email protected]
