Martin Lewis reveals the 50p Tesco Clubcard loophole to spice up factors

Cash Saving Professional Martin Lewis has revealed a little-known loophole that might assist Tesco customers get a Clubcard factors enhance.

In addition to accumulating factors to spend in-store, the Clubcard scheme permits members to double or typically triple their factors by changing them into vouchers to spend on journey, consuming out and homeware by way of its on-line rewards system.

However some £13 million’s price of vouchers are set to run out on the finish of the month – and that’s the place the loophole is available in.

To forestall shedding them, clients who’ve £10 price of vouchers as a consequence of expire should purchase a 50p restaurant voucher on the rewards web page that may permit them to say again £9.50.

He informed viewers of his Martin Lewis Cash present: “Whenever you acquired them two years in the past, they solely final two years and there’s a deadline and other people nonetheless haven’t used £13M of them. So test whether or not you’ve acquired them at Tesco.com/Clubcard or by way of its app.”

“However right here’s the trick: for those who’ve acquired them and also you don’t need to spend them now. Take your £10 voucher, log on and purchase a 50p restaurant voucher on its rewards web page, which is price £1.50. Now, you’re going to get reissued £9.50, the change, in vouchers and they’re new vouchers in order that they have a two-year lifespan.”

Moneysavingexpert.com experiences that its customers have retrieved over £30,000 price of Tesco vouchers by logging in on-line and checking for unspent vouchers in recent times.

Earlier this week, Mr Lewis provided a proof of how Ofgem’s new value cap in January will have an effect on power clients.

He stated January’s modifications had been “principally irrelevant” as a result of family payments have been “dictated by the power value assure”.

The power value assure, launched by Rishi Sunak’s authorities, got here into impact in October and can save the standard family round £700 this winter

The worth cap displays the utmost quantity a buyer might be charged per unit of fuel and electrical energy. With out authorities assist, the common family can be paying round £4,279 for its power underneath the brand new cap.

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