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m00head

Use a cash machine at Tesco between 26/06/2008 to 28/02/2009 and Tesco will donate money to Marie Curie Cancer Care at 0.0125p per transaction. The minimum donation is expected to be £33,000.

So, simply withdraw your cash (for free) while at Tesco instead of where you usually get it from, and help Marie Curie Cancer Care in the process.

Every little helps!

Official MoneySavingExpert.com Insert:

While it may seem small if you're shopping there anyway and were planning to withdraw cash then use Tesco's machines and it'll donate. This doesn't include cash withdrawals using credit cards (remember you'd be charged for doing this by your card provider anyway). You can read more about donations and see how much it's raised on the Tesco website.

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adamtompkins

Ok i think its great that tesco is helping marie curie cancer care! But given that tesco's revenue last year was £46,600,000,000, and after 8 months of people withdrawing cash from their machines they can only donate £33000 is pretty insignificant as a ratio.

£33000 is less than 0.002% of their net income for 2007 (£1.9bn)

And of course 0.0125pence is ONE EIGHTIETH of a pence. So 80, yes EIGHTY people would have to withdraw money (Which would be a minimum of £800 withdrawn) for tesco to donate ONE PENNY, 1p???? After that many people have gotten money out of their machines, they will only give 1p???? And i expect that those 80 people all went in tesco's and spent money in there, making tesco a nice healthy profit, and they think that 1p is a nice donation after getting all those people's business for the ATM machine and the store.

Ridiculous.

Your thoughts please

adamtompkins

Its like this

Tesco MD and 79 tesco customers go into marie curie, and say:...

"We all chipped in and got you this"

Then the MD hands over a 1p coin.

hahaha

wavey_davy

No offence to the previous posts but there is nothing stopping Tesco from donating nothing when you withdraw cash. I know they do other charitable work and am sure its a miniscule proportion of their profits....
I also agree its a marketing tool to get people to visit Tesco; but that doesn't remove the fact that they are doing it should be enough to make you think to use the machines, if you are there doing your shopping, and need to withdraw some cash??

petertwisty

Faced with a choice of cash machines, we might as well use the one that benefits this worthwhile charity.

DavePerry1972

I noticed this a couple of weeks ago and agree that as a percentage the donation is very poor. However as an earlier poster said they could give nothing. I work near a Tesco and end up there several times a week anyway, hence as at least something is going to charity I will get my money there rather than elsewhere where they get nothing.

It is however a double edged sword being in this weeks newsletter whereby it is good that the charity is getting some exposure but a shame that Tesco will likely see an increase in turnover through extra shoppers given their poor percentage of donation.

AshtonBRSC

It's quite possible that other banks donate more to charity without making a big fuss about it than Tesco is for this promotion and so by taking money out from the Tesco machine rather than another bank's machine you could be reducing the total amount given to charities. Impossible to know but the amount given by Tesco for each transaction is tiny and not worth changing behaviour for. I'm sure Tesco gets paid money by your bank when you use their cash machines so they will do nicely out of this.

m00head

I think you're right about the low amount per transaction that Tesco have committed to this promotion, but with a bit of publicity we can all help to exceed the minimum expected donation of £33,000 (their donation 'thermometer' goes up to £50,000).

Remember, a transaction is not just a withdrawal - it can be one of these as well:

• Withdraw cash - remember, we do the donating, not a penny of it comes from your account
• Check your balance on screen
• Request a mini-statement
• Top-up a mobile phone
• Change your PIN

If you are not planning a visit to Tesco then you shouldn't change your mind just because of this, but if you are going to Tesco and need to use a cash machine then do it there instead!

Tesco also sponsor Race for Life organised by Cancer Research UK:
http://www.raceforlife.org/

GiveItBack

I should also add that Tesco have chosen Marie Curie as their charity of the year, and do a host of other things too, this is just one part of that.

The % is still tiny, but as part of a bigger picture, it's a neat idea.

suckmaster.burstingfoam

You'd be doing 80 times more for charity if you get your money out at whichever cashpoint is nearest, and then put a 1p coin in a charity collecting box.