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Tesco Current Account Switching Incentive

Candyapple
Candyapple Posts: 3,385 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Budgeting & bank accounts
Has anyone received any switching incentives for opening a Tesco current account recently? Yesterday I received an email offering 2,500 Clubcard points for switching to them.

I have x2 savings accounts and x2 credit cards with Tesco, but no current account (yet).

I just wanted to see if anyone else has received anything / whether it's worth holding out for a better offer (I'm sure there have been reports of them offering 10,000 points before)?

Thanks
I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
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Comments

  • BoraBora123
    BoraBora123 Posts: 24 Forumite
    Eighth Anniversary 10 Posts
    I got the same offer as you yesterday
  • karlie88
    karlie88 Posts: 9,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've heard of people receiving 5000 points and 10,000 points over the past couple of years.
    :grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
  • firsttimemover
    firsttimemover Posts: 149 Forumite
    Are these personalised offers for certain customers? I need to open these soon (already got savings accounts with them) so I must update my marketing preferences!
  • Candyapple
    Candyapple Posts: 3,385 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    karlie88 wrote: »
    I've heard of people receiving 5000 points and 10,000 points over the past couple of years.

    Makes the 2,500 offering seem paltry. Thanks for replying, I might just wait, no rush to open a Tesco current account yet.


    firsttimemover wrote: »
    Are these personalised offers for certain customers? I need to open these soon (already got savings accounts with them) so I must update my marketing preferences!

    No idea, but if me, my partner and BoraBora123 have all received the same offer on the same day, it would suggest that it's a marketing mailshot for customers of theirs who hold savings+credit cards with them - but no bank account.
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
  • Dan83
    Dan83 Posts: 673 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    How much does 2500 club cards points = £s?
  • TheShape
    TheShape Posts: 1,919 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    1p per point so 2500=£25
  • System
    System Posts: 178,403 Community Admin
    10,000 Posts Photogenic Name Dropper
    If it's simply to open the account then it's actually not too bad.
    All offers elsewhere require an account switch.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Candyapple wrote: »
    Makes the 2,500 offering seem paltry. Thanks for replying, I might just wait, no rush to open a Tesco current account yet.
    I waited a good while for an offer a couple of years ago (having seen others report 5,000 and 10,000 points incentives), with a couple of savings accounts and a credit card, yet one never came.

    So I'd take the 2,500 points now personally, if I had a sacrificial account ready. A bird in the hand and all that!
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Heng_Leng wrote: »
    If it's simply to open the account then it's actually not too bad.
    All offers elsewhere require an account switch.
    This one does too, according to the OP...

    "Yesterday I received an email offering 2,500 Clubcard points for switching to them."
  • 20aday
    20aday Posts: 2,610 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    I guess if you boosted the 2,500 points with one of their partners it could be worth up to £100?
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
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