📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

tesco Credit card

Options
I'm considering purchasing solar panel installation at a cost of £6000.

If i pay by credit card, they charge an extra 2%.

If I use Tesco credit card, i get clubcard points. Is this worth doing ?

please advise....

Thank you,

Comments

  • wwfc_2
    wwfc_2 Posts: 51 Forumite
    6000k on a clubcard would get you 1500 points as its 1 point for every £4 spent

    so that would be £15 or if you convert to rewards vouchers then it will be £45

    i often think the fee outweights the benefits of the points so i rarely make any big purchases on my card if theres a big booking fee etc if i can avoid it
  • Maestro.
    Maestro. Posts: 1,518 Forumite
    ... and unless you'll be paying off IN FULL the extra benefits will be swallowed up.
    Oh, you wee bazza!
  • Enterprise_1701C
    Enterprise_1701C Posts: 23,414 Forumite
    Part of the Furniture 10,000 Posts Photogenic Mortgage-free Glee!
    2% of 6000 is £120 so it is very unlikely you would get the money back in deals.

    Even if you have the older card where you get £1 for every £2 you spend this is only £30 in cc points, which converts to £90 in deals.

    Of course, if you are paying by card anyway, and you don't have a decent cashback card, then it is better than nothing.
    What is this life if, full of care, we have no time to stand and stare
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.