Martin Lewis, founder of Money Saving Expert, is urging Tesco Clubcard holders to spend their points while they can to get the most out of the rewards on offer. On Tuesday, June 13, the value of points, when spent with Reward Partners, will drop down from triple to double.
Shoppers have been able to trade their Clubcard points for rewards at places like Pizza Express, Legoland and more, saving hundreds of pounds on days out, meals and streaming services.
Martin, whose show Martin Lewis Money Show returns next Tuesday, shared the tip on his Twitter, writing: "This Tues, 13 June is the LAST DAY uou get TRIPLE value rewards for trading in Clubcard points (eg £5=£15 Pizza Exp, Disney+, Legoland etc) From Wed it’s cut to DOUBLE. So trade asap, especially as the Rewards are then valid a year."
Read more: Martin Lewis explains what it means for you as energy bills slashed
Currently, if you convert your Clubcard Points, which you gain by scanning your Clubcard when you purchase something from Tesco, and use them on 'Reward Partners', including restaurants and attractions, the points are worth three times their value.
An example is 500 points are worth £5 to spend in-store but when converted for Reward Partners are worth £15.
This will be changing to Clubcard Points for Reward Partners only being worth twice the amount. Meaning 500 points, £5, will now only be worth £10.
READ NEXT:
Nationwide customers get surprise email telling them they'll be getting £100 payment next month
The key DWP benefit payments and money changes kicking in from today
The Welsh Government is thinking about banning artificial grass
Martin Lewis issues advice on fixing mortgage rates as interest goes up