Consumer champion Martin Lewis warns millions of Tesco customers to act or lose Clubcard points

Illustrative image of a Tesco Clubcard. (Photo by: Newscast/Universal Images Group via Getty Images)
Money-saving expert Martin Lewis is warning people to use their Clubcard vouchers, or risk losing them. (Stock image: Getty)

Millions of Tesco customers need to take action by the end of this month to avoid losing their Clubcard points, finance expert Martin Lewis has warned.

The consumer champion's website, MoneySavingExpert.com (MSE), said over £16million worth of unused vouchers, belonging to more than two million customers, will expire at 11.59pm on 28 February.

That means people either need to use them or use a trick to avoid losing them, the website advised.

Clubcard vouchers are used by Tesco customers to save money in-store and online, as well as to swap for rewards of a greater value in some cases.

But the vouchers, which were first issued in February 2021, are set to expire on 28 February, MSE warned.

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To avoid missing out, the site advised people to either use the vouchers or use a simple trick to extend them for another two years - basically making a small purchase on the Tesco Clubcard Rewards website that would mean the remaining points are credited back to the account.

It said: "Over £16 million worth of unused Clubcard vouchers, belonging to over two million customers, are set to expire at the end of next month.

"If your vouchers are due to run out, you'll either need to use them by 11.59pm on Tuesday 28 February OR use our trick to extend them."

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The post included advice on how to find out if your Clubcard vouchers are due to expire - including checking on the vouchers themselves, or checking on the Clubcard website or app.

People can then either spend them online using the code provided, or print them and spend them in store.

It added: "While Clubcard vouchers are valid for two years, if yours are expiring but you don't want to use them yet, there's a crafty way you can extend the expiry date for another two years, but you must do so before 11.59pm on Tuesday 28 February."

A shopper walks next to the clubcard price branding inside a branch of a Tesco Extra Supermarket in London, Britain, February 10, 2022. Picture taken February 10, 2022. REUTERS/Paul Childs
People use Tesco Clubcard points to save money or earn rewards. (Stock image: Reuters)

It then said people can make a small purchase on the Tesco Clubcard Rewards which would mean the remaining balance is credited back to the account as points, then reissued as new vouchers with an expiry date up to two years in the future.

"So if you spend 50p using a £10 Clubcard voucher, you'll get £9.50 back as new vouchers," it explained.

"There's no minimum spend, but the aim's to shell out as little as possible. A good option might be a 50p restaurant voucher (worth £1.50 at your chosen restaurant)."

But it did add one caveat - that customers would need to take the step for each individual voucher, which would mean weighing up whether it's worth it for smaller denominations.

It added: "For example, if you've a £10 voucher it's probably worth it – if you've got a handful of £1 vouchers, maybe less so."