We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

tesco platinum

what are the advantagesor dis advantages of switching to tesco platinum credit card from normal card ?
also see one is mastercard other visa
and old style clubpoints are excellent if saved up to use away from tesco shopping

Comments

  • I have had the same offer from Tesco. As I see it, if you use either card elsewhere you get 1 point for every £2 spent so no change. If you spend at a tesco store or tesco direct you get 3 points for every £2 spent so again no change (i.e. 1 point on the credit card and 2 points for your clubcard account which forms part of your credit card). But importantly, if you spend £2 at Tesco.com on the new card (e.g. weekly supermarket shopping online) you only get 3 points (i.e. 1 point on the credit card and 2 points on the clubcard account) - this means you are worse off because the existing credit card offers 4 points in total for tesco.com (i.e. 2 points on the credit card and 2 points on the clubcard). If you go to www.mastercard.com, you can find lots of offers on the new card which seem to be largely for transatlantic travellers and posh hotels - not for me so I intend to ring up Tesco and decline the new card. Hope this helps
  • JohnnyBoy
    JohnnyBoy Posts: 18 Forumite
    Thanks to Yorkshireshrek for his research, I suspected that the Clubcard points awarded would reduce with this change and so he has proved. I will be calling Tesco to decline the offer for this reason and also because I have the card registered on PayPal, with Card Protection Plan and for a number of regular automatic payments, so I don't want the hassle of calling all these companies to give them a new card number.
    I have had the same offer from Tesco. As I see it, if you use either card elsewhere you get 1 point for every £2 spent so no change. If you spend at a tesco store or tesco direct you get 3 points for every £2 spent so again no change (i.e. 1 point on the credit card and 2 points for your clubcard account which forms part of your credit card). But importantly, if you spend £2 at Tesco.com on the new card (e.g. weekly supermarket shopping online) you only get 3 points (i.e. 1 point on the credit card and 2 points on the clubcard account) - this means you are worse off because the existing credit card offers 4 points in total for tesco.com (i.e. 2 points on the credit card and 2 points on the clubcard). If you go to www.mastercard.com, you can find lots of offers on the new card which seem to be largely for transatlantic travellers and posh hotels - not for me so I intend to ring up Tesco and decline the new card. Hope this helps
  • cpemma
    cpemma Posts: 3 Newbie
    As I see it, if you use either card elsewhere you get 1 point for every £2 spent so no change. If you spend at a tesco store or tesco direct you get 3 points for every £2 spent so again no change (i.e. 1 point on the credit card and 2 points for your clubcard account which forms part of your credit card). But importantly, if you spend £2 at Tesco.com on the new card (e.g. weekly supermarket shopping online) you only get 3 points (i.e. 1 point on the credit card and 2 points on the clubcard account) - this means you are worse off because the existing credit card offers 4 points in total for tesco.com (i.e. 2 points on the credit card and 2 points on the clubcard).
    I'm confused here. The Tesco Clubcard site is showing (for the standard card)
    5 points for every £4 you spend at Tesco or Tesco.com and 1 point for every £4 you spend everywhere else!
    Note the "standard" card shown at the link has the Mastercard logo, my current card is Visa.

    My Platinum card flier claims 6 points per £4 at Tesco or Tesco.com and 2 points per £4 spent away from Tesco. As I use the card for all CC dealings that's quite an improvement.

    The real question is, are there any snags moving from Visa to Mastercard? I endeavour to pay the full balance off in plenty of time, so APR is not of interest.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.1K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.7K Spending & Discounts
  • 239.3K Work, Benefits & Business
  • 615.1K Mortgages, Homes & Bills
  • 175K Life & Family
  • 252.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.