Tesco to slash value of Clubcard from December

17 November 2010

Bitterwallet - Tesco Value droidHey exciting Tesco Clubcard loyalty scheme customers! Have you been saving up your Clubcard vouchers? Were you thinking that you might swap 'em for something at four times their value?

Perhaps you were going to snag a holiday with them or something?

Well, you better hurry up because Tesco will be cutting the reward rates from 6th December from being four times the value to three times the value.

Currently, £10 in Clubcard vouchers can be exchanged for a £40 token to spend on food at places like Pizza Express and Café Rouge, but from 6th December you'll only get a £30 token in exchange for a £10 voucher. You'll have to act sharply if you want to reap the benefits of the latest Clubcard offer where you can exchange every £5 in vouchers online for £10 in rewards tokens to spend in selected stores.

The last date to exchange your vouchers online at the higher rates is 5th December. For full details see tesco.com/clubcard.

Tesco has justified this change to customers by highlighting their decision to continue giving shoppers double points where, for each £1 spent on products that qualify for points either in-store or online, customers now get two points rather than one.

"Double points means we send out more vouchers, so customers have more value to spend with our rewards partners. To help both Tesco and our partners manage this increase (after all, there are only so many seats in a restaurant or rooms in a hotel), we will be making changes to our rewards rates."

At the start of this month, Clubcard points earned on fuel purchases went down from one point per £1 spent to one point per £2 spent. Also, Tesco are looking to close accounts that have not been used for the last two years.


TOPICS:   Supermarket   High Street News


  • will
  • andy y.
    I've seem more up to date news on chip paper.
  • qwertyuiop
    99% certain the four times value of the clubcard points was only ever a limited time thing. Gimmers, your predecessor on-board the Death Star was blown up for lesser mistakes!
  • jimbob
    the four time value thing has been like that for at least the last five years qwertyuoip. Just exchanged £25 worth for £100 of food vouchers not sure what to do with the other £75 worth, which would be worth another £300 if there was anything worth spending them on. Still even if I end up getting more food vouchers, you can get a few decent meals for £400! :D and yeah as all clubcard holders got a letter about this three weeks ago, it's pretty old news.
  • Nobby
    >Just exchanged £25 worth for £100 of food vouchers >not sure what to do with the other £75 worth, which would be worth another £300 if there was anything worth >spending them on. Another £300 worth of pizza express.
  • Tesco B.
    [...] Tesco slashing the worth of clubcard vouchers? Well, there’s more trouble with them as scores of people faced stupidly [...]
  • Apteka O.
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