EVERY LITTLE HELPS
Tesco to launch Clubcard Plus giving customers discounts on groceries, extra mobile data and fee-free spending abroad
TESCO shoppers will soon be able to sign up to a new Clubcard Plus membership scheme that will offer discounts on food as well as other perks.
The new scheme was revealed as part of the supermarket's financial results published today and it will launch by the end of this year.
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But there is a catch, as unlike Tesco Clubcard it won't be free - it'll set you back £7.99 a month (or £95.88) a year.
Members will get benefits including 10 per cent off two in-store food shops each month, so that's a £10 saving on a £100 shop, for example - and you'll be able to select when to use this perk.
You'll also always get 10 per cent off selected Tesco brands in-store including F&F, Fred & Flo, Go Cook, Tesco Pet, Carousel, and Fox & Ivy.
Plus if you're a Tesco Mobile customer, you'll get double the data offered on your plan for free.
Is Tesco's new loyalty scheme any good?
HERE'S my view:
If you do your monthly shop at Tesco you only need to spend £100 a month to make back the £7.99 monthly fee and then some - that's because it's offering users 10 per cent off two in store spends each month.
So spend £100 and you'd get a tenner off your bill.
Of course, just because you're getting a discount doesn't mean Tesco is cheapest on price to begin with though - especially when you take into account discounters Aldi and Lidl. Use to compare food prices before you buy.
Those with a Tesco Mobile contract already who are heavy data users may also benefit, although don't switch to Tesco just for this perk - use a price comparison site such as to ensure you're getting the best value.
Equally, if you don't already have a fee-free overseas credit card then this could be a good way to spend abroad - but we're waiting on more details on the card from Tesco before we can see how it compares to other specialist credit cards.
Overall, if you're a heavy Tesco user and not willing to switch, you could save with the scheme - but for everyone else we need to wait for more detail to see how the perks stack-up.
You'll also have access to a new Tesco Bank Clubcard Plus credit card, which is fee-free to use abroad.
Discounts can be managed via the Tesco Clubcard app but you don't need to be a Tesco Clubcard user to access Plus.
To get the perks, which are available in all Tesco stores, you just need to scan a barcode on the app at the till,
If you decide it's not for you, you can also cancel anytime.
The Sun has asked Tesco for more information on the scheme but it says the full terms and conditions won't be revealed until nearer its launch.
Tesco's chief executive, Dave Lewis, who also announced today that he is stepping down from the role, says the new membership scheme is a way of putting together all the benefits Tesco offers into one.
He says it's time "for something new".
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Alessandra Bellini, Tesco chief customer officer, added: “New Clubcard Plus is a breakthrough innovation giving customers even more ways to get the best value while shopping at Tesco, for their everyday essentials, weekly shops, mobile and banking”.
With Tesco Clubcard, you earn one point for every £1 spent at the retailer. Points can be built up to turn into vouchers and 150 points gets you a £1.50 voucher.
These can then be used as money-off Tesco vouchers or you can triple the value to spend on rewards, such as days out or restaurant meals.
In its financial results today, Tesco also revealed that it plans to open 150 new Express stores over the next three years, as well as open three new superstores in the UK.
But it is still pressing ahead with plans first announced in August to shake-up 153 Metro stores, which could see 4,500 jobs cut.
Supermarket loyalty schemes - which has one?
MOST UK supermarkets have loyalty schemes so customers can build up points and save money while they shop.
Here we round up what saving programmes you'll find at the big brands.
- Iceland: Unlike other stores, you don't collect points with the Iceland Bonus Card. Instead, you load it up with money and Iceland will give you £1 for every £20 you save. Cash isn't protected though.
- Morrisons: Morrisons' More gives customers five points per £1 spent in store. When customers earn 5,000 points they receive a £5 voucher.
- Sainsbury's: While Sainsbury's doesn't have a personal scheme, it does own the Nectar card which can also be used in Argos, eBay and other shops. You need 200 Nectar points to save up £1 to spend on your card. You need to spend at least £1 to get one Nectar point.
- Tesco: Tesco Clubcard has over 19million members in the UK alone. You use it each time you shop and build up points that can be turned into vouchers - 150 points gets you a £1.50 voucher. Here you need to spend £1 in Tesco to get one point.
- Waitrose: myWaitrose also doesn't allow you to collect points but instead you'll get access to free hot drinks, and discounts off certain brands in store.
More on Tesco
Tesco has been trialling cheaper prices for customers of its Clubcard loyalty scheme with the latest round of discounts starting today.
If you're a Clubcard user, here are six ways to boost your Tesco Clubcard points.
Plus here's how to reclaim hundreds of pounds in lost Clubcard points.
Tired Tesco worker has mini-meltdown in hilarious explosive rant about her job
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