MSE News: Tesco withdrawal option to be discontinued by Topcashback - act now to pock

Topcashback users have less than two months to swap their earnings for Tesco Clubcard points ...
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'Tesco withdrawal option to be discontinued by Topcashback - act now to pocket your Clubcard points'
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Comments

  • ailey
    ailey Posts: 3,184 Forumite
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    What a pity that Tesco are withdrawing this as it was fab to be able to transfer £50 over the year and then use it in their double up promotions or for 3 or 4 times the value for hotels, restaurants and other things. Oh well, it was good while it lasted!

    So they're now stopping their Double Up promotion on 26 June and now the Topcashback transfer. I wonder what will be next. I hope they don't do away with their Clubcard but I don't think they will as people would then shop at other supermarkets who offer a loyalty card so hopefully that's safe.
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  • mjm3346
    mjm3346 Posts: 46,886 Forumite
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    Currently Topcashback users can convert up to £50 cashback per year into Clubcard points, but from 31 July they will no longer have this option.

    It could mean a potential £200 loss for some users, as the Clubcard points can then be doubled, tripled or even quadrupled under the Tesco Clubcard Boost scheme

    A potential £150 loss as you still have the original £50.
  • Popppet
    Popppet Posts: 67 Forumite
    Hmm, this is slightly confusing news as the Tesco payout option has long since disappeared from my Topcashback payout menu. I don't think Tesco has been an option for at least a year.

    I've moved on to using M&S; it's 5% extra and I use most of it on reduced-to-clear food so it's great value for money.
  • adoreholidays
    adoreholidays Posts: 4,604 Forumite
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    Gutted at this news as always changed what I had this way then used for boost deals as don't really shop in T's much these days and had T's Credit Card for years and seriously re thinking this as they down graded what points you get from that now also.:(:(:(:(:(:(:(
  • adoreholidays
    adoreholidays Posts: 4,604 Forumite
    First Anniversary First Post
    Popppet wrote: »
    Hmm, this is slightly confusing news as the Tesco payout option has long since disappeared from my Topcashback payout menu. I don't think Tesco has been an option for at least a year.

    I've moved on to using M&S; it's 5% extra and I use most of it on reduced-to-clear food so it's great value for money.

    Are you sure Popppet as I have just cashed out what i had £15.24 in mine and £24.04 in DH's account
  • Fletchasketch
    Fletchasketch Posts: 468 Forumite
    First Anniversary Name Dropper First Post
    Make sure that you have your cc card number entered, or it might not show. Also, remember that if you've already cashed out £50 in the past year then you won't be able to cash out any more.

    I'm just pleased that I've made full use of the £50 whilst it was available!
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  • Ziggy_Stardust
    Ziggy_Stardust Posts: 1,418 Forumite
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    edited 1 June 2016 at 10:21PM
    Popppet wrote: »
    Hmm, this is slightly confusing news as the Tesco payout option has long since disappeared from my Topcashback payout menu. I don't think Tesco has been an option for at least a year.

    I've moved on to using M&S; it's 5% extra and I use most of it on reduced-to-clear food so it's great value for money.

    It vanished for me once but when I looked my clubcard details had gone off my profile, when I put them back in I was able to get the Tesco payout again.

    I must say I'm gutted by this as I change my cc points in Virgin Flying Club miles :(
  • mark5211
    mark5211 Posts: 184 Forumite
    First Anniversary Combo Breaker
    This is a big disappointment, my family converted £250 to Tesco Clubcard points this year and have been using Topcashback rather than Quidco because of the Tesco Clubcard points option.


    My Clubcard details have disappeared numerous times from Topcashback, it just needed adding back again.
  • zerog
    zerog Posts: 2,478 Forumite
    Topcashback, meanwhile, is suggesting the soon-to-be discontinued Tesco Clubcard option is not particularly popular with its users. It said since the option was made available in February 2013, just over 58,000 customers have used it – out of a possible 5.4 million.

    Adam Bullock, director of Topcashback UK, says: "We have been speaking with our members who have previously used Tesco Clubcard as a payout option to find out what they used their points for

    Topcashback doesn't speak to anyone except to tell them that it's not their fault their affiliates never pay up.
  • redux
    redux Posts: 22,976 Forumite
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    Topcashback say that not many of their customers were using it.

    Perhaps they should have thought have making it more flexible, instead of less. More points per year, or the ability to split amounts finer than each lump from a transaction.

    For instance, my Topcashback account has about £60 still clearing, all from one transaction. If it finalises in time, I wouldn't be able to use it on Tesco points anyway. A few months ago, there was about £30 made up of 3 referrals. I couldn't use that for Tesco either, due to a previous swap in March last year.
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