Martin Lewis’ warning to shoppers using Tesco Clubcard this month

Money Saving Expert Martin Lewis has issued a major warning to anybody who has a Tesco Clubcard.

According to the finance journalist, changes are being made in January which are set to affect over 16.5 million shoppers.

In the latest edition of the weekly  MoneySavingExpert.com newsletter, the consumer champion wrote: “A mixture of a scheduled revamp to the Clubcard system and the effects of the recent lockdown mean you need to be aware of major changes to how you can use your points.”

Shoppers can easily convert points to Tesco Clubcard vouchers to use in stores or online – typically 500 points collected are usually worth £5, but if you spend them the right way, those 500 points could be worth £15.

Tesco vouchers can be exchanged for codes to spend with Clubcard Reward Partners on jewellery, travel, food, days out and more.

However, two of Clubcard’s reward partnerships are ending this month, so if you’re planning to redeem your vouchers for these, Martin advises “you should do so sooner rather than later.”

An estimated 16.5 million people in the UK have a Tesco Clubcard which allows the supermarket giant to collect detailed transaction information on shopping baskets processed at their tills.

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Here are the changes to Tesco Clubcard Rewards in January, according to the Daily Record.

BA Executive Club – ends Monday, January 18

Every £2.50 in Clubcard vouchers gets you 600 Avios points which can be spent on flights and other travel perks.

MoneySavingExpert  explains: “The partnership between BA Executive Club and Tesco Clubcard is due to end on Monday. As long as you’ve swapped your points online at the Clubcard website by 11.59pm on Monday 18 January, you’ll be able to use this reward, even if it takes longer to credit you.”

All Avios collected with Tesco Clubcard will remain in your British Airways Executive Club account and will be valid for at least three years.

Now TV – ends Sunday, January 31

At present, Tesco customers can spend their points on Now TV credit, including a third off streaming subscriptions.

The partnership between Now TV and Tesco Clubcard is due to end at the end of this month.

MoneySavingExpert.com explains that “as long as you’ve swapped your points online at the Clubcard website by 11.59pm on Sunday 31 January, you’ll be able to use this reward, even if it takes longer to credit you.”

While a few rewards can be redeemed and enjoyed right now, many others aren’t usable due to lockdown restrictions – including restaurant vouchers and days out.

MoneySavingExpert  also clarified how Clubcard points are valid for two years, but when you swap them for a voucher, it has an expiry of 12 months. It is usually six but  Tesco  has extended them, so as long as your points aren’t coming to the end of their validity, it is still best to wait as long as possible if you want to swap them for a reward that’s currently unusable.

For the full list of top rewards and whether they’re currently usable or not, visit  MoneySavingExpert.com.

Manchester Evening News