Tesco Clubcard Update: Martin Lewis's Advice

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Post on Nov 13, 2024

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Tesco Clubcard Update: Martin Lewis's Advice

Tesco Clubcard, the UK's most popular loyalty scheme, has recently undergone a significant revamp. The changes have left some shoppers scratching their heads, wondering how to maximize their rewards. Thankfully, the "Money Saving Expert" himself, Martin Lewis, has stepped in with clear and concise advice.

What's New?

The key changes revolve around the Clubcard Points you earn and how they are redeemed. Previously, you could spend your points directly in-store or use them to buy discounted vouchers for various retailers and experiences. Now, Tesco has introduced a new "Clubcard Plus" membership, costing £7.99 per month.

Clubcard Plus:

This membership offers:

• Double your Clubcard points: You earn 2x points for every £1 spent at Tesco.
• 10% off your first shop each month: This applies to a basket of groceries costing at least £25.
• Exclusive deals and discounts: Access to special offers not available to non-members.
• Free delivery on Tesco.com orders over £25: This applies to standard delivery, excluding express or same-day delivery.

Martin Lewis's Verdict:

While the changes may seem complex at first, Martin Lewis has provided straightforward advice on whether Clubcard Plus is worth it for you:

1. Calculate Your Spending:

• Work out your average monthly Tesco spend.
• Subtract the £7.99 membership fee.
• Compare the remaining value to the potential points and discounts you'd earn.

2. Consider Your Shopping Habits:

• Do you shop regularly at Tesco? If so, the extra points and discount might be worth it.
• Do you use Clubcard vouchers? If you rely on these, Clubcard Plus may not be the best choice, as it limits voucher redemption.

3. Weigh the Pros and Cons:

Pros:

• Double points and 10% off your first shop can lead to substantial savings.
• Free delivery on larger orders can be beneficial.
• Access to exclusive deals and discounts.

Cons:

• Monthly fee of £7.99 can be a barrier for some.
• Voucher redemption is restricted.
• Not ideal for infrequent shoppers or those who don't spend enough to justify the cost.

Martin Lewis's Bottom Line:

"Clubcard Plus is a good deal for regular Tesco shoppers who spend enough to offset the monthly fee. If you're a frequent shopper, the potential savings and benefits make it a worthwhile investment. However, if you're a casual shopper or don't spend much at Tesco, sticking with the standard Clubcard might be more suitable."

Ultimately, the decision is yours. Take the time to calculate your individual spending habits and weigh the pros and cons. Martin Lewis's advice provides a clear framework for making the right choice for your wallet and shopping habits.