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

Legacy_user

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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ailey

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.

mjm3346

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

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

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

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

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!

Ziggy_Stardust

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

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

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

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.