Tesco has introduced a major change to its Clubcard scheme, and it will affect all of its customers with the loyalty card.
The supermarket giant has launched its Clubcard Pay+ pre-payment debit cards, and all Clubcard members are able to apply.
Provided by Tesco Bank, users are able to load funds onto the card and use it to pay for purchases — whilst earning Clubcard points at the same time.
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Shoppers who own the card must top it up with money from their bank account before it can be used, and only the funds that are on the card can be spent.
The Clubcard Pay+ debit card will replace users' existing Clubcard.
The card also comes with a Round Up savings feature, which allows users to round up purchases to the nearest pound and add the difference into a savings pot.
The launch of Clubcard Pay+ follows the news that Tesco Bank was closing all of its current accounts.
As an incentive to get current Clubcard owners to sign up to the scheme, Tesco has announced that customers will receive double Clubcard points for the first three months after taking the card out.
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What is Clubcard Pay+?
According to Tesco, "Clubcard Pay+ is made up of a Clubcard Pay+ payment account and a Round Up savings account. It has been designed with your grocery shopping in mind, to help you manage your shopping budget each month.
"You can see all of your grocery spending in one place, and connect easily to Tesco Clubcard to see the Clubcard points you're collecting and maximise your rewards.
"The Clubcard Pay+ account comes with a debit card that you can use anywhere Visa debit cards are accepted, and you'll collect Clubcard points on most of your shopping, both in and out of Tesco.
"It also comes with a Round Up savings account, which lets you build up your savings pot seamlessly by rounding up your spending to the nearest £1 and saving the difference for a rainy day.
"Your Round Up balance can be transferred out of the account to any other UK bank account in your name at anytime. You can see and manage both accounts in the Tesco Bank Mobile Banking App."
More information is available here.