The Tesco Clubcard MasterCard is well worth a look if you want to boost your Clubcard points.
Whilst the Clubcard points earning rate is being cut from December, the card remains a good deal if you know how to maximise your Clubcard points. This Shopper Points page shows the best Clubcard redemptions.
From December 2015, you will earn 1 Clubcard point for every £8 you spend.
Annoyingly, this is calculated on a ‘per transaction’ basis. An £8 transaction gets you 1 point. However, a £15.99 transaction also gets you just 1 point. And any transaction of £7.99 or less earns nothing! It has a big impact on your earnings if you put through lots of small transactions. However, on larger transactions, this is not a major issue.
1 point per £8 means you are getting 0.125p per £1 back. If you are getting 3x the face value of your points via a good Boost deal, you will be turning that into 0.375p per £1 which is better.
You receive double this rate when shopping in Tesco, where you earn 1 point for every £4 spent.
You can receive 1,000 Clubcard points when you apply for the card
Tesco Bank is currently offering a sign-up bonus of 1,000 extra Clubcard points when signing up for a Tesco MasterCard via certain partners, including Shopper Points. You won’t find this offer on the main Tesco Bank website.
The credit card that qualifies for this deal is the ‘purchase’ version of the card. You need to apply for it via this link here.
The representative APR for the card is 18.9% variable.
If you want to check your credit record before applying for a new card, click here for a free 30-day trial of Equifax’s online credit report service. Note that a monthly fee of £14.95 will be charged if you do not cancel during the 30-day free trial period.Want to earn more Clubcard or Nectar points? Click here to visit the Shopper Points home page for the latest news and offers. Come back every day for new deals or join our email list.
Do you earn Clubcard or Nectar points from your credit card?. If not, you're missing out. We review the best options in this article.
Do you convert Clubcard points into Avios or Virgin Flying Club? If you do, visit our sister site, Head for Points, which is full of tips for maximising your frequent flyer miles.