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Back at the start of the year, we wrote about the changes Tesco Clubcard was making (and the troubles they had implementing them due to customers pushing back). My general view was that although some customers were negatively impacted by the changes, for the ‘savvy travel hacker’ things actually worked out quite positively. This view was based on three main things:
- There were no changes to the Avios or Virgin Flying Club Miles conversion rates
- Converting to Uber credit is possible at 3x face value
- Converting to Redspottedhanky (train booking site) vouchers is possible at 3x face value
I personally see the Uber and Redspottedhanky options as being almost as good as 3x face value in cash (it’s not quite as good because you can buy Uber gift cards with small discounts, Redspotted has booking fees, and cash is obviously more flexible). Most people need to take a train or a taxi at some point, so these are great options to be able to spend Tesco Clubcard vouchers on.
Unfortunately, according to MoneySavingExpert, RedSpottedHanky is going to be removed as a partner from 31st January 2019.
This is a very negative change from Tesco Clubcard. It’s normally very difficult to find ways of saving more than a couple of percent when booking train tickets, so being able to transfer Clubcard Vouchers to RedSpottedHanky at 3x face value was (and still is for now!) an excellent deal, even when you factor the small booking fee.
Unless Tesco is intending to bring in some new partners or make other changes, after 31st January 2019, Uber will be the only mainstream ‘genuine’ 3x face value option left I think. There might be a couple of niche alternatives left too, but I don’t regard the restaurant partners (etc) as providing genuine 3x value, because it’s very easy to find alternative discounts – which can’t be stacked with using Tesco Clubcard Vouchers.
Do note though that the removal of RedSpottedHanky isn’t happening until the end of January next year, so you’ve got plenty of time to make a transfer if you want to stock up on train vouchers.
What do you make of the change?