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Chronicle Live
Chronicle Live
National
Catherine Addison-Swan

Martin Lewis issues Tesco warning to shoppers before major Clubcard change

Martin Lewis has urged any Tesco shoppers with a Clubcard to act now in order to get better value for money on their vouchers before a major change comes into force.

The supermarket announced earlier this year that it is reducing the value of Clubcard vouchers when shoppers spend them with Tesco's Reward Partners, such as theme parks, cinemas and restaurants. While Clubcard customers can currently triple the value of their vouchers when they redeem them with a Rewards Partner, from Wednesday, June 14, the value will be slashed to double - meaning, for example, that a £5 voucher that was worth £15 with a Reward Partner on Tuesday will be worth just £10 by Wednesday.

The changes sparked anger among disappointed shoppers when Tesco confirmed the changes in March - but MoneySavingExpert founder Martin has reminded customers that they still have time to act before the value of their vouchers is reduced. The retailer has extended the validity for any vouchers redeemed with a Reward Partner until Tuesday, June 13 from the usual six months to 12, meaning shoppers have plenty of time to use them at their current value if they spend them before Wednesday.

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