Tesco add clubcard points (equiv to 2%+) for new account

Had an interesting email from Tesco.

Open a new Fixed rate saver or internet saver direct by 29/2/24. Have a minimum balance of £2000 by 2 April 2024 and you will be given 4000 extra clubcard points (worth £40 in tesco but more for rewards). If you shop in Tesco that is worth 2%  on a £2000 balance, plus you could close an internet saver account as soon as the bonus is in and APR wise it is even better.
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  • masonic
    masonic Posts: 26,361 Forumite
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    edited 20 January 2024 at 6:38PM
    So open an internet saver with £1, top up to £2k for a few days at the beginning of April. Seems like very little damage for the points. Is this a targeted offer, or open to all? I see nothing on the website as yet.
  • Largs
    Largs Posts: 399 Forumite
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    Great offer, I had a look around to see if I could apply but nothing found.
  • ColdIron
    ColdIron Posts: 9,701 Forumite
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    I recall a similar offer a number of years ago. It was very simple excepting that it was a paper voucher that needed to be scanned at Tesco to convert it into points to be spent at a later date. Perhaps things have changed
  • jimjames
    jimjames Posts: 18,503 Forumite
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    silvercar said:
    Had an interesting email from Tesco.

    Open a new Fixed rate saver or internet saver direct by 29/2/24. Have a minimum balance of £2000 by 2 April 2024 and you will be given 4000 extra clubcard points (worth £40 in tesco but more for rewards). If you shop in Tesco that is worth 2%  on a £2000 balance, plus you could close an internet saver account as soon as the bonus is in and APR wise it is even better.
    Interesting! I also received the email but for a different (lower) number of points!

    Whatever your plans are for 2024, why not start with 2,000 extra Clubcard points worth £20
    Remember the saying: if it looks too good to be true it almost certainly is.
  • auser99
    auser99 Posts: 270 Forumite
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    Same here. £20 for 200.
  • Brie
    Brie Posts: 14,093 Ambassador
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    I've not received anything but then again I've never given Tesco my email.  Why do you give it to them?  Maybe that's related to who gets what offer??
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  • ColdIron
    ColdIron Posts: 9,701 Forumite
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    It's a requirement when opening an account. OP probably already has or had one
  • eskbanker
    eskbanker Posts: 36,505 Forumite
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    Brie said:
    I've not received anything but then again I've never given Tesco my email.  Why do you give it to them?  Maybe that's related to who gets what offer??
    Surely if promotional offers are made to those who've shared their email address you've answered your own question?!

    Alternatively, existing Tesco Bank customers are probably more likely to have supplied their email address than non-banking Clubcard holders, for example....
  • subjecttocontract
    subjecttocontract Posts: 2,570 Forumite
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    edited 20 January 2024 at 8:27PM
    I do my shopping at Tesco online using my clubcard. So, obviously they have my email address to send me order confirmations, receipts etc. But I've not had an email about this latest offer.

    I was also asked to complete a Tesco Bank customer satisfaction questionnaire where I gave them a very low score for just about everything.......perhaps they've taken offence at my response.
  • silvercar
    silvercar Posts: 49,140 Ambassador
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    Brie said:
    I've not received anything but then again I've never given Tesco my email.  Why do you give it to them?  Maybe that's related to who gets what offer??
    They have my email as I have a clubcard account. It does specify that you need to use the email address that you use for clubcard. I have never had a tesco savings account, so that may be the reason. It could be linked to my spending profile as it comes via clubcard.
    I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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