***LAST CHANCE EXPIRES 19 OCTOBER*** Free £12 from Tesco Xmas Savers - deposit £200, get back £212 in 2 weeks
251°Expired

***LAST CHANCE EXPIRES 19 OCTOBER*** Free £12 from Tesco Xmas Savers - deposit £200, get back £212 in 2 weeks

39
Edited by:"luvsadealdealdeal"Found 16th Oct
This is your last chance to get a free £12 from the Tesco Xmas Savers scheme. Basically you enrol by logging onto your online Tesco a/c - go to Vouchers and follow your nose, switch on Xmas Savers option. Then go to Tesco, ask to deposit £200 into your Xmas Savers a/c, they'll scan your Clubcard and you pay £200. In 2 weeks' time you get the November statement which will include your £200 Xmas Savers voucher + £12 bonus, has to be spent in Tesco but you can buy gift vouchers eg Amazon if you don't want £200 of groceries.

So that's £12 profit in 2 weeks = effective interest rate of (12/200) x 26 weeks = 156% annualised.

Deadline close of business 19 October (according to Customer Services).

39 Comments

I like free money, thanks

6% return then, not an amazing amount but ok if you were going to spend that in there anyway.

I've looked at this before and was a bit confused. What happens if I already have some club card vouchers saved up? Would I have to spend the whole lot in Tesco's? Would like to use the ones I have for the 4x days out etc. Also, if I paid the £200 with a tesco credit card would I still get the club card points?

Thanks
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Edited by: "vassy1" 16th Oct

Original Poster

gemniz10 m ago

I've looked at this before and was a bit confused. What happens if I …I've looked at this before and was a bit confused. What happens if I already have some club card vouchers saved up? Would I have to spend the whole lot in Tesco's? Would like to use the ones I have for the 4x days out etc. Also, if I paid the £200 with a tesco credit card would I still get the club card points?



nope - you get the normal vouchers same as usual, to spend as you see fit

yes - the till treats this as a groceries purchase, so you would get clubcard points on top

Just had a look... I can't see how you do it?
You only get the option to convert your points on the website to saver rather than vouchers.... how do you 'pay in £200'?

Original Poster

mrpipster2 m ago

Just had a look... I can't see how you do it?You only get the option to …Just had a look... I can't see how you do it?You only get the option to convert your points on the website to saver rather than vouchers.... how do you 'pay in £200'?



you go to any store and ask to pay in money to your Xmas Saver's a/c, they'll scan your clubcard then you pay them money

Can you withdraw? Or do you have to spend it all at Tesco?

stec7742 m ago

Can you withdraw? Or do you have to spend it all at Tesco?


You have to spend all at Tesco.
Edited by: "Voltix" 16th Oct

don't forget you have to opt in it first.

As I always shopping with Tesco for grocery, so I opt in for my yearly Christmas shopping. But I stop doing top up last year after Tesco change the rewards.

Thanks to OP remind me, I might just do a lower price top up as Tesco used to send me discount voucher but now completely stopped. A bit save better then nothing.
Edited by: "dealchaser888" 16th Oct

Voltix34 m ago

You have to spend all at Tesco.


Thanks Voltix
stec771 h, 15 m ago

Can you withdraw? Or do you have to spend it all at Tesco?



As OP states, could use the vouchers to buy gift cards

gemniz3 h, 16 m ago

I've looked at this before and was a bit confused. What happens if I …I've looked at this before and was a bit confused. What happens if I already have some club card vouchers saved up? Would I have to spend the whole lot in Tesco's? Would like to use the ones I have for the 4x days out etc. Also, if I paid the £200 with a tesco credit card would I still get the club card points?


1) the money you buy for the voucher could be use as face value like money ( or in old way: in-shop Christmas stamps) to do shopping with Tesco

2) as OP states you could use at Tesco instore for grocery or use it (face value) on Tesco direct OR use it for in-store buy Gift cards eg Amazon GV, TK Maxx GV etc (although must double check those Gift card company terms, some last longer (eg 2 years) some very short.

(not sure about buying gift card on Tesco gift card website, I think it works for e-GV but physical card they charge shipping cost)

3) the money top up( face value) voucher could not use like normal club card points to get the club card boost (x 4 or x 3 offer).

4) a top up is for this special Christmas bonus, so it is different with those already on your club card account. One must do a money pay-in (top up) for this bonus.

5) also one must have to opt in for Christmas saver before they top up to get this bonus

6) deadline of top up (thanks to OP) is tomorrow 17.10.17

7) if you miss this year, you could just opt in any time (before the next year deadline) to get this scheme but during the year after you opt in, you would not receive the normal club card voucher send out, it would save under your account and send it out with your Christmas bonus at the end of the year.

also if one choice opt out, the terms states: If you opt out of the scheme you will no longer be able to top-up your Clubcard account.

* I have 2 club cards (under one account) for my households (different member) so I use one to get seasonal club card voucher and another one just for this scheme plus randomly small grocery shopping.


Do check this Tesco page to see all the terms Christmas Savers Standard Terms and conditions
Edited by: "dealchaser888" 16th Oct

just a bit sharing, other hotukdeals threads has just reminded us about top up with others too : Asda, Morrison if this tesco one would not suitable for you

asda

morrison

or do check your bank account or credit card for offer and all other money advice site, Christmas is coming, hope more interesting offer coming

Hmm still think it would be worse for me to do this...
According to T&C I won't get any club card points on the £200 I'm saving in the scheme, normally get extra as I have a tesco credit card, also as I understand it, I'll be putting the £12 I have coming to me in this club card statement into the scheme, so then can't use it to get 4x off days out (so worth £48 really).

I think it would be good for people who aren't expecting much of a voucher in this statement?

You need to check T&C's as from memory there is a definite downside to be being part of the crimbo saver scheme, can't remember exactly what it is was (maybe Avios @ the time?) but defo worth a check before you blindly sign up.

Do you have to spend it all at the same time?

So do you have to remember to log on and cancel the Xmas saver after tomorrow?

Original Poster

Hibbers11 h, 15 m ago

You need to check T&C's as from memory there is a definite downside to be …You need to check T&C's as from memory there is a definite downside to be being part of the crimbo saver scheme, can't remember exactly what it is was (maybe Avios @ the time?) but defo worth a check before you blindly sign up.



Hibbers11 h, 15 m ago

You need to check T&C's as from memory there is a definite downside to be …You need to check T&C's as from memory there is a definite downside to be being part of the crimbo saver scheme, can't remember exactly what it is was (maybe Avios @ the time?) but defo worth a check before you blindly sign up.



no particular rush - but yes, I will be cancelling it in short order

Original Poster

hairray1 h, 7 m ago

Do you have to spend it all at the same time?



no

Original Poster

gemniz2 h, 16 m ago

Hmm still think it would be worse for me to do this... According to T&C I …Hmm still think it would be worse for me to do this... According to T&C I won't get any club card points on the £200 I'm saving in the scheme, normally get extra as I have a tesco credit card, also as I understand it, I'll be putting the £12 I have coming to me in this club card statement into the scheme, so then can't use it to get 4x off days out (so worth £48 really). I think it would be good for people who aren't expecting much of a voucher in this statement?



I think you have got this wrong

you'll still get your Clubcard vouchers as normal & can use them to get 4x days out etc

the £200 + £12 bonus was never in Clubcard vouchers - it is just money - you have to spend it @ Tesco/ Tesco Direct - it is intended to be a savings scheme so that people can put something by for Xmas spending, perhaps a few quid every month - by sending £200 today/ tomorrow you are gaming their system & getting an 'immediate' (well, 2 weeks) return of £12 profit

Can this be paid for using a Tesco credit card and can the vouchers be spent on fuel

Original Poster

Madchester6 m ago

Can this be paid for using a Tesco credit card and can the vouchers be …Can this be paid for using a Tesco credit card and can the vouchers be spent on fuel



yes & yes (Esso excluded)

Are people absolutely certain that this can be used on Tesco Fuel? If so, then it's a fantastic deal I wouldn't otherwise ever spend the money, so I do need to be sure.
Edited by: "Firefly1" 16th Oct

Original Poster

Firefly15 m ago

Are people absolutely certain that this can be used on Tesco Fuel? If so, …Are people absolutely certain that this can be used on Tesco Fuel? If so, then it's a fantastic deal I wouldn't otherwise ever spend the money, so I do need to be sure.



yes because look at the T&Cs - Tesco say it won't work on its partner Esso, ie it WILL work @ TFS

I wanted to do this, but I don't know what domination do they come in and can I get changed if I spend less than the vouchers they send.

Original Poster

SS419 h, 14 m ago

I wanted to do this, but I don't know what domination do they come in and …I wanted to do this, but I don't know what domination do they come in and can I get changed if I spend less than the vouchers they send.



not sure of the denominations, probably same as vouchers ie £50 where possible

you don't have to spend it all in one go

***TODAY IS YOUR LAST CHANCE TO GET THIS DEAL***

luvsadealdealdeal12 h, 29 m ago

I think you have got this wrongyou'll still get your Clubcard vouchers as …I think you have got this wrongyou'll still get your Clubcard vouchers as normal & can use them to get 4x days out etcthe £200 + £12 bonus was never in Clubcard vouchers - it is just money - you have to spend it @ Tesco/ Tesco Direct - it is intended to be a savings scheme so that people can put something by for Xmas spending, perhaps a few quid every month - by sending £200 today/ tomorrow you are gaming their system & getting an 'immediate' (well, 2 weeks) return of £12 profit

OK, thanks guys, I think I understand now how it works... Gonna give it a go, signed up last night. 😄

So hopefully in 2 weeks I'll get the £12 'normal' vouchers I already accrued for this statement to do the 4x days out with, plus £200 Tesco money I put in today and £12 bonus to spend in Tesco... Nice one! 😊

Can I pay the £200 with tesco giftcard?

Original Poster

sparky01383 h, 49 m ago

I posted about this in March and got -73°



your rate of return would have been tiny compared to my 156% annualised

Just tried to do this and was told that it can take upto 48 hours for your account to register the change.
guess I won't be getting me £12 extra then

Original Poster

defgimp5 m ago

Just tried to do this and was told that it can take upto 48 hours for your …Just tried to do this and was told that it can take upto 48 hours for your account to register the change.guess I won't be getting me £12 extra then



you could just give it a couple of hours then go see if you can top up in store

I've tried to top up in store today and was told I wasn't registered for the Xmas saver scheme. Called up and was told that I am registered but it's not filtered through yet, but that anyway the cut off is actually the 19th?! Lol gonna try tomorrow

Original Poster

gemniz11 m ago

I've tried to top up in store today and was told I wasn't registered for …I've tried to top up in store today and was told I wasn't registered for the Xmas saver scheme. Called up and was told that I am registered but it's not filtered through yet, but that anyway the cut off is actually the 19th?! Lol gonna try tomorrow



ah, good info

Confused, any advice welcome! Logged in, switched to opt into the Christmas savers. . . Online showing ...

Total vouchers saved £0
Vouchers available to spend £27

In their FAQs . . I have Clubcard vouchers at home. Can I put them into the scheme?If you have any valid Clubcard vouchers, these can also be taken to the checkout and used to top-up your savings. They will be treated in the same way as a cash top-up.

Does that mean I only have to top up £173 to get my bonus?
Do I top up instore at till?
Thanks

Original Poster

ellie275 m ago

Confused, any advice welcome! Logged in, switched to opt into the …Confused, any advice welcome! Logged in, switched to opt into the Christmas savers. . . Online showing ... Total vouchers saved £0Vouchers available to spend £27 In their FAQs . . I have Clubcard vouchers at home. Can I put them into the scheme?If you have any valid Clubcard vouchers, these can also be taken to the checkout and used to top-up your savings. They will be treated in the same way as a cash top-up.Does that mean I only have to top up £173 to get my bonus? Do I top up instore at till?Thanks



don't do that! your Clubcard vouchers are worth as much as a genuine 3x face value when you buy deals, whereas you're thinking of spending them in store at face value

but yes, if you really can't think of a better use, they would be treated like cash at the till and could be used to top up Xmas Savers a/c

luvsadealdealdeal3 h, 9 m ago

don't do that! your Clubcard vouchers are worth as much as a genuine 3x …don't do that! your Clubcard vouchers are worth as much as a genuine 3x face value when you buy deals, whereas you're thinking of spending them in store at face valuebut yes, if you really can't think of a better use, they would be treated like cash at the till and could be used to top up Xmas Savers a/c


Thank you, I had actually just realised that when I thought about it. I believe we can just log in and select to opt in/out etc whenever we want so going to try that now!
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