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[Finance] Tesco cut Clubcard Rewards AGAIN!



Official Old Man

Uckfield Seagull
Aug 27, 2011
8,686
Brighton
I've just received an email from Tesco telling me the rewards scheme is changing again. From June the exchange rate will be only 2x the value rather than 3x the value when exchanged for rewards. It was only a few years back the exchange rate was 4x the value. Back in 2012 I used mine on a P&O cruise from Southampton to Dubia, now all they're worth is the EuroTunnel.
 














Bozza

You can change this
Helpful Moderator
Jul 4, 2003
55,989
Back in Sussex
We've always converted ours into Virgin Atlantic miles (now points) and the exchange rate has remained the same, presumably because it's not a direct £ value.
 


the wanderbus

Well-known member
Dec 7, 2004
2,951
pogle's wood
I've just received an email from Tesco telling me the rewards scheme is changing again. From June the exchange rate will be only 2x the value rather than 3x the value when exchanged for rewards. It was only a few years back the exchange rate was 4x the value. Back in 2012 I used mine on a P&O cruise from Southampton to Dubia, now all they're worth is the EuroTunnel.
Whether it’s worth 10x or 1x it’s still a “freebie”……though I’d prefer a cut in prices and no points at all
 






Cheshire Cat

The most curious thing..
I would prefer it if they actually stocked stuff I want to buy........ like eggs. 🥚🥚🥚
 


sully

Dunscouting
Jul 7, 2003
7,868
Worthing
Looking on the bright side, the rate prices are going up in the supermarkets you'll be earning twice as many clubcard points to begin with so it should balance out.
That’s true, but the items you can buy with the resulting points will have gone up, too.

We used to have our annual holiday with the kids mostly covered by Clubcard vouchers. We used to focus on maximising our points through shopping choices, so they used to benefit Tesco, too.

Haven’t been so bothered since they cut to 3x value and now they’re pretty worthless, really, unless you are shopping for a big family and running a gas guzzling Chelsea tractor.

Shame, as they actually worked as an incentive to loyalty originally but don’t (for us, anyway) any more.
 


GT49er

Well-known member
Feb 1, 2009
47,245
Gloucester
Still a better scheme thab ASDA's, which specifically excludes less well-off people who don't own a smart phone.
 




Chicken Run

Member Since Jul 2003
NSC Patron
Jul 17, 2003
18,745
Valley of Hangleton
I've just received an email from Tesco telling me the rewards scheme is changing again. From June the exchange rate will be only 2x the value rather than 3x the value when exchanged for rewards. It was only a few years back the exchange rate was 4x the value. Back in 2012 I used mine on a P&O cruise from Southampton to Dubia, now all they're worth is the EuroTunnel.
Where is this Dubia you talk of?
 


Deleted member 37369

Well-known member
Aug 21, 2018
1,994
We usually use ours to take kids and grandkids out for pizza at Zizzi or Pizza Express .... so will have to convert all vouchers before it goes down to 2X and make sure we stuff ourselves with pizza before they expire!!
 










Dick Swiveller

Well-known member
Sep 9, 2011
9,195
Dear God - here comes another one to sneer at people who don't own a smart phone.
What are you on about, you strange man? If you don't want a smart phone then don't buy a smartphone. But that is called not wanting a smartphone, not being poorly off. I've lost count of the number of homeless people I have seen sat on their smartphones - presumably supplied by charity.
 










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