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Tesco Savings - Clubcard Points Question

I put the £1000 into the tesco savings a while ago in order to get the 1000 clubcard points.

Does anyone know when you can take the money out? Does it need to remain in there until the points are credited to your clubcard?

Thanks

Comments

  • Hay_Sun
    Hay_Sun Posts: 13 Forumite
    Hi uppal,

    The following information is stated on the Money Saving Experts site: (http://www.moneysavingexpert.com/savings/tesco-savings)

    "The technically perfect way to manage this situation is simply electronically move the money into Tesco just three days before 30 June, though I'd actually do it a week before to be safe; as the idea is to have cleared funds there on that specific day. Then withdraw the cash back to a top savings account just a few days later. Yet even if you dunk it in now and leave it there for a few months, you're only losing a few pounds in interest, so it's not a big deal.

    When will the points arrive?

    The points will be awarded within 28 days of the end of the promotion, which should mean they will be in your August Tesco points statement and can be used after that."

    I.e. As long as the money was in the account on the 30th June, you should be able to take your money out now and still be awarded the points. I am not sure if there is still a way of checking the actual Tesco terms and conditions though, just to be sure.

    Hope that helps.
  • HarryGB
    HarryGB Posts: 10 Forumite
    Part of the Furniture Combo Breaker
    Thanks Hay Sun :)
  • dreamypuma
    dreamypuma Posts: 1,369 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Without wanting to hijack this thread....

    Has anyone seen any points being awarded to there account yet? :confused:

    I've left my money in the account for the sake of the slight loss of interest on £1k, just to play it safe :wink:
    My farts hospitalize small children :o
  • bristolleedsfan
    bristolleedsfan Posts: 12,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dreamypuma wrote: »
    Without wanting to hijack this thread....

    Has anyone seen any points being awarded to there account yet? :confused:

    I've left my money in the account for the sake of the slight loss of interest on £1k, just to play it safe :wink:

    from memory points are being awarded in august, ive already withdrawn 1000.00 and left 1.00 in tesco savings ;)
  • VeryTrying_2
    VeryTrying_2 Posts: 525 Forumite
    Part of the Furniture Combo Breaker
    I seem to have had the 1,000 points added for the savings account, but haven't seen the 500 for the car insurance quote, or the 200 for the health insurance quote.

    How is everybody else doing?
  • ajaxgeezer
    ajaxgeezer Posts: 2,476 Forumite
    Hi VeryTrying, I called Tesco CC about this, and they said that the points had to be added by the insurance companies. The way this happens is that when the insurance company tells Tesco CC about the points, then Tesco CC add it.
  • damo101
    damo101 Posts: 270 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi,
    i tried emailing to check it out but after about 8 emails i gave up but i was in tescos yesterday and the 1000 points are showing on my balance.

    Damo
  • HarryGB
    HarryGB Posts: 10 Forumite
    Part of the Furniture Combo Breaker
    Hi

    The 1000 points for the savings account have been added
  • malcolm000
    malcolm000 Posts: 106 Forumite
    Part of the Furniture
    Noticed today that 1000 points have been credited to my Clubcard account - assume it's from opening the Savings Account. I removed the £1000 few days after depositing it.
  • malcolm000 wrote: »
    Noticed today that 1000 points have been credited to my Clubcard account - assume it's from opening the Savings Account. I removed the £1000 few days after depositing it.


    How do you remove the money into a bank account or ISA?
This discussion has been closed.
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