Martin Lewis Issues Tesco Clubcard Warning

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Post on Nov 13, 2024

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Martin Lewis Issues Tesco Clubcard Warning: Don't Be Fooled By This Trick

Money-saving expert Martin Lewis has issued a warning about a common Tesco Clubcard trick that could be costing shoppers money. He's urging customers to be aware of the differences between spending their Clubcard points on vouchers and using them to pay for their shopping directly.

The Trick: The "1p = 1p" Illusion

Tesco advertises that Clubcard points are worth "1p = 1p" when used to buy vouchers. This means that for every 100 points you have, you can get a £1 voucher. However, the catch is that these vouchers can only be used on Tesco products, and they are essentially worth less than 1p each when used to buy products.

The Reality: Your Points Are Worth More When You Use Them To Pay

Lewis highlights that if you use your Clubcard points to pay for your shopping directly at the till, you'll get a much better value. This is because Tesco offers a "Clubcard Prices" scheme, where products are discounted for Clubcard holders who use their points to pay.

Why This Matters

Many shoppers are unaware of the discrepancy in value between using points for vouchers and using them to pay directly. By using points for vouchers, shoppers are effectively losing money by not taking advantage of the Clubcard Prices scheme.

Example:

Let's say you have 500 Clubcard points. You could use them to get a £5 voucher, which can only be used on Tesco products. Alternatively, you could use them to pay for your shopping directly and get a discount of £5 on your bill. In this case, using the points to pay directly is clearly the better option.

Lewis's Advice

Martin Lewis encourages shoppers to always use their Clubcard points to pay for their shopping directly, as this will give them the best possible value for their points. He also advises checking the Clubcard Prices scheme before purchasing any items, as some products may not be discounted even with Clubcard points.

Final Thoughts

The Tesco Clubcard system can be a valuable tool for saving money, but it's crucial to understand how to use it effectively. By being aware of the "1p = 1p" illusion and using your points to pay directly, you can maximize the value of your Clubcard and save more money on your groceries.