Tesco shoppers urged to check their Clubcard points
£17 million worth of unused Tesco Clubcard vouchers are due to expire at the end of February.
11th February 2020 16:05
by Emma Lunn from interactive investor
£17 million worth of unused Tesco Clubcard vouchers are due to expire at the end of February.
Tesco Clubcard vouchers come with an expiry date of two years and the supermarket has revealed that vouchers worth £17 million are set to expire on Saturday 29 February.
The unused vouchers are equivalent to 650,000 weekly shops, with Tesco customers in London, Manchester and Bristol sitting on the most unused vouchers.
Clubcard holders earn one point for each £1 spent at Tesco and one point for every £2 spent on Tesco fuel. 150 points is worth a £1.50 voucher if you spend it at Tesco – but you can triple the points’ value by using them with one of the supermarket's 150 reward partners, which include Thorpe Park, NOW TV, Pizza Express and the RAC.
Vouchers are sent out every three months as part of your Clubcard statement. Alternatively, you can request to have them added to your account instantly through the 'Faster Vouchers' scheme.
However, Clubcard vouchers are only valid for two years after they're issued, and Faster Vouchers for 21 months.
Alessandra Bellini, Tesco's chief customer officer, says: "We understand that our customers lead busy lives and may forget about the points and vouchers that they’ve built up over time.
"With a large number set to expire at the end of the month, we are encouraging people to check the Clubcard app to see if any of these unused vouchers are theirs."
How to check your Clubcard vouchers
If you have a paper Clubcard voucher, it will have an expiry date written on it.
Alternatively, your Tesco Clubcard online account will show your voucher history, including any points that haven’t been spent yet.
You can also check using the 'Vouchers' section of the Clubcard smartphone app.
Once you've found your vouchers, you can spend them online using the code provided – or if you plan to spend in store, you can print the vouchers off or scan the barcode available on the app at checkout.
This article was originally published in our sister magazine Moneywise, which ceased publication in August 2020.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.