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Supermarket points value

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bikeman
bikeman Posts: 379 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 18 February 2017 at 2:15PM in Gone off!
Has anyone done a comparison on the points reward value of supermarkets?

For instance Tesco offers 1 point for each £ spent, and a point is worth 1p in vouchers. By comparison Morrisons offers 5 points per £ spent but each point is only worth 0.1p.

Spend £100 and get £1 voucher at Tescos but only 50p at Morrisons.

I'd love to see how other supermarkets compare if anyone has worked it out.

Comments

  • Clowance
    Clowance Posts: 1,897 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    and you have therefore to spend £100 before you get a £1 voucher.
    No idea about Morrisons as I don't have one near me.
  • dlusman
    dlusman Posts: 2,711 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped!
    bikeman wrote: »
    Has anyone done a comparison on the points reward value of supermarkets?

    For instance Tesco offers 1 point for each £ spent, and a point is worth £1 in vouchers. By comparison Morrisons offers 5 points per £ spent but each point is only worth 10p in vouchers.

    Therefore the reward at tescos is £1 per £ spent but at morrisons it is only 50p per £ spent.

    I'd love to see how other the supermarkets compare.

    Either of those rates would make loyalty schemes well worth while :)
  • bikeman
    bikeman Posts: 379 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 18 February 2017 at 2:17PM
    duh sorry it was early and my maths was wrong. I have updated the post. Hopefully my maths is correct now.
  • dlusman
    dlusman Posts: 2,711 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped!
    You can get up to 4 times the value of the Tesco clubcard points by using them elsewhere - so £100 spend gives you up to £4 back

    In sainsburys - nectar card is 1 point per £ . 500 points = £2.50
    so £100 = 50p back ( though you have to use in blocks of 500 points )
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    edited 18 February 2017 at 3:47PM
    Why focus on the points? ASDA doesn't offer points but ASDA Price Guarantee ensures that the price of a basket of shopping is at least 10% less than Morrison, Tesco and Sainsbury for comparable products (subject to Ts&Cs). Which is better 1p-4p worth of loyalty points or a 10% lower price?

    Boots points are worth up to 4p for every pound spent but items can usually be found much cheaper elsewhere.

    Not forgetting that stores such as Iceland, ALDI, Lidl may offer products of equal or higher quality for even lower prices.
  • robin58
    robin58 Posts: 2,802 Forumite
    Funny you should ask this, Which? magazine has done a 3 page spread on this very subject in the March issue.

    Thier opinion is they are rubbish.

    Also they have done 2 other reports on which supermarket is best and worst and the other I can't remember at present as I don't have the magazine with me.

    Worth a read if you can get a look at a copyy.

    bikeman wrote: »
    Has anyone done a comparison on the points reward value of supermarkets?

    For instance Tesco offers 1 point for each £ spent, and a point is worth 1p in vouchers. By comparison Morrisons offers 5 points per £ spent but each point is only worth 0.1p.

    Spend £100 and get £1 voucher at Tescos but only 50p at Morrisons.

    I'd love to see how other supermarkets compare if anyone has worked it out.
    The more I live, the more I learn.
    The more I learn, the more I grow.
    The more I grow, the more I see.
    The more I see, the more I know.
    The more I know, the more I see,
    How little I know.!! ;)
  • alanq wrote: »
    Why focus on the points? ASDA doesn't offer points but ASDA Price Guarantee ensures that the price of a basket of shopping is at least 10% less than Morrison, Tesco and Sainsbury for comparable products (subject to Ts&Cs). Which is better 1p-4p worth of loyalty points or a 10% lower price?

    Boots points are worth up to 4p for every pound spent but items can usually be found much cheaper elsewhere.

    Not forgetting that stores such as Iceland, ALDI, Lidl may offer products of equal or higher quality for even lower prices.
    But is Asda is horrible. (that's the only way I can describe it, sorry). It would require some sort of incentive to entice me in there like a free coffee. The prices are not cheap enough on their own. Even Tesco is a nicer shopping experience.
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