August 28th 2024.
Martin Lewis, a well-known finance expert and the founder of Money Saving Expert, has recently shared a warning for Tesco Clubcard holders. As always, he is full of valuable tips and tricks to help you stretch your hard-earned money further. If you're a fan of using your Clubcard points to save on your weekly shopping, then you'll definitely want to pay attention to this one.
According to Martin, on August 31, a staggering £14 million worth of Tesco Clubcard vouchers will be expiring. But don't panic just yet, because Money Saving Expert has all the details on how to check and extend the validity of your vouchers. Here's everything you need to know.
First things first, let's talk about how you can convert your Clubcard points into vouchers. It's important to note that you can use your points for more than just groceries. In fact, you can turn them into vouchers that can be used at a variety of exciting places, from restaurants to theme parks. However, you will need a minimum of 150 points to be able to claim a voucher. You can do this by signing into the Tesco Grocery & Clubcard app, or by visiting the 'My Clubcard account' section on the tesco.com website. Once you've done that, simply click on the button to turn your points into vouchers, select 'request vouchers', and voila! Your vouchers will appear in your Clubcard account in no time.
Now, let's address the issue of extending the expiry date of your Tesco Clubcard vouchers. As Martin explains, these vouchers are only valid for two years from the date they were issued. However, there is a clever way to extend their validity by another two years. The tricky part is that according to the Clubcard terms and conditions, Tesco has the right to reject a voucher redemption if they suspect that you're trying to manipulate the system. But, after testing the trick at Money Saving Expert headquarters, they found that it worked perfectly fine. The deadline to extend your vouchers is 11:59pm on Saturday, August 31. You can do this by either making a purchase through the Tesco Clubcard Rewards page or by donating to one of their charity partners.
It's also important to note that when you extend your vouchers, the remaining balance will be credited back to your Clubcard account as points. For example, if you use a £5 Clubcard voucher and spend 50p, you'll receive 450 points back. You can then either manually swap these points for vouchers or wait for them to be converted with your next statement. The new vouchers will have an expiry date that is two years from the date of conversion.
One thing to keep in mind is that there is no minimum spend when extending your vouchers. However, Martin suggests aiming for the lowest amount possible, such as a 50p restaurant voucher. This way, you can get the most out of your points. Just keep in mind that you will need to do this for each voucher in your account if you want to extend their expiry dates.
So, if you're looking to get more value out of your Clubcard points, be sure to set a reminder for Saturday and use your Clubcard app to extend the validity of your vouchers. And don't forget, if you have a story to share about your experience with Tesco Clubcard points, feel free to get in touch by emailing [insert email address here].
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