Tesco CC & petrol points

planteria

just thinking ahead to using the Tesco card for spending..

http://www.tescobank.com/creditcards/clubcc/index.html

Tesco stores - 5 Clubcard points for every £4 you spend.
Tesco fuel - 5 Clubcard points for every £4 you spend (excludes Esso Fuel).
Everywhere else - 1 Clubcard point for every £4 you spend.

so, 1.25% [equivalent] at Tesco and just 0.25% [equivalent] elsewhere:think:

20aday

I visited Tesco on Thursday evening and opted to pay outside.

I dispensed £44.00 of Unleaded and got 44 points for it.

My Clubcard TPF points haven't been updated yet so I'll let people know the outcome.

planteria

if you just used your clubcard credit card as a clubcard, and paid with another, and your receipt shows 44 points, that is what you'll get.

PeacefulWaters

planteria wrote: »

just thinking ahead to using the Tesco card for spending..

http://www.tescobank.com/creditcards/clubcc/index.html

Tesco stores - 5 Clubcard points for every £4 you spend.
Tesco fuel - 5 Clubcard points for every £4 you spend (excludes Esso Fuel).
Everywhere else - 1 Clubcard point for every £4 you spend.

so, 1.25% [equivalent] at Tesco and just 0.25% [equivalent] elsewhere:think:

Tesco stores you get 4 points for every £4 spend by presenting a normal Clubcard. 2 points for every £4 of fuel.

In addition you can get whatever incentives your credit card provider gives.

I'd only use a Tesco credit card if your use of the rewards (e.g. Avios redemption) gives you a value for money leverage worth having.

planteria

PeacefulWaters wrote: »

Tesco stores you get 4 points for every £4 spend by presenting a normal Clubcard. 2 points for every £4 of fuel.

In addition you can get whatever incentives your credit card provider gives.

I'd only use a Tesco credit card if your use of the rewards (e.g. Avios redemption) gives you a value for money leverage worth having.

so, 4 of the 5 points for spending £4 at Tesco is from the Clubcard and the other 1 is from the Credit Card. so, yes, effectively it's a 0.25%Cashback card. ie. not very handy. it just may be a convenient non-Amex credit card to retain for the odd spend though... if nothing better available and not overcomplicating the credit file.

gwapenut

I tend to view each clubcard points as being worth 3p in "useful" deals, deals that I cannot get elsewhere or at peak times using BOGOF vouchers etc.

So for me, the 0.25% cashback rate becomes approx 0.75%.

With regular double-up promotions being offered by Tesco, I'd say the minimum "worth" is 2p per point.

planteria

im not using them well at all..i just buy food with Clubcard points.

off topic, i know, but id be interested in exactly how you maximise their use.

gwapenut

planteria wrote: »

im not using them well at all..i just buy food with Clubcard points.

off topic, i know, but id be interested in exactly how you maximise their use.

Hi
Not generally useful but my best usage ever was SafeStore when I moved house, I got Safestore to pricematch the cheapest self storage in my area, then they allowed me to use clubcard tokens at full 4x boost value. That was a genuine 4x saving, not 4x saving on an inflated price.

Most "4x savings" are a load of bull. eg Restaurants are cited as 4x but you can often get BOGOF main course coupons, etc. But coupons can be used across all courses, so if you just went to a restaurant doing a BOGOF main and used them, you'd get 4x value, but could achieve 2x value by spending real money with a coupon - they are therefore worth 4x divide by 2x = 2x value.

However, if you use them across starters and/or desserts, these often isn't couponable, which brings the average "saving" somewhere between the 2x couponable saving and the 4x theoretical saving.

Where clubcard vouchers for restaurants win over coupons or tastecard is that, apart from special days in the calendar, there are no weekend restrictions - they can be used 7 days a week. Coupons and tastecard are frequently invalid on Fri/Sat, meaning a Saturday meal is worth full 4x value.

Same goes for Merlin attractions. No one in their right mind pays full price on entry, when buying two tickets, as there are so many BOGOFs. Tesco deals are therefore not worth 4x value.

And as for hotels .... 4x saving, but on a price inflated well above what you can get on booking.com.

If all else fails and eating out isn't your bag, then Tesco themselves frequently offer instore "boost" events where you get double value - eg the HUDL tablet was half price if paid for in clubcard vouchers.

So I'd say 2x minimum with careful spend, 3x for me, and 4x if really really lucky.

Of course, a 2x boost value only brings the cashback to 0.5% which is nothing special. 3x or 4x boost starts to get a little more interesting, but .... really worth the hassle?

PeacefulWaters

planteria wrote: »

im not using them well at all..i just buy food with Clubcard points.

off topic, i know, but id be interested in exactly how you maximise their use.

Seven night full board cruise for two from Southampton to the Norwegian Fjords a couple of years ago. Value £1,400 from £350 worth of points. That was three years' worth of shopping and petrol.

I've just converted enough vouchers to get a return club class transatlantic flight for one via Avios. Not sure the other half will appreciate being in economy though. That was about two years' of shopping, petrol, reusable bags points and additional vouchers for points utilised.

Instead of the posh flight there's enough for four return flights to Europe for a couple. Cases and on board food included.

planteria

good work guys.

Clubcard points dont expire (do they?) so i guess it's ok to just stash them away and wait until something we want comes up.

i just need to resist the Alpen, Beans, Baxter's Soup and Punnets of Plums..