Tesco shoppers will see the value of their Clubcard points slashed.
Currently, customers are able to get four times the value of the points in vouchers to use in partner brands.
However, this is set to change from Monday June 11 to just three times the value.
This means that where customers currently get £10 to spend for a £2.50 voucher, from Monday they will only get £7.50 to spend.
But there is a way to ensure you get the current value, rather than the new, lower price.
Tesco says the rewards tokens are valid for six months “unless otherwise stated”.
Therefore, swapping the Clubcard vouchers for rewards tokens now will boost their value.
This isn’t the only change Tesco have made to the Clubcard scheme.
They are also cutting ties with 57 Clubcard partners, including Halfords and Cutty Sark.
The updates were initially planned for January 2018, but Tesco pushed their plans back to June after customer backlash.
Tesco are making big changes to their business this year.
Tesco Direct is set to be closed permamantly after the retailing giant admitted the homeware outlet is unprofitable.
Selling a range of household items, toys and garden furniture, Tesco Direct’s website will close from 9th July.
The normal Tesco groceries website will continue to remain active.
In an attempt to clear stock and prepare the website for closure, Tesco Direct has launched a huge sale.
The sale features many Tesco’s own and branded products at up to 50 per cent off.
The online clearance features half price off on selected indoor furnitures, also including luggage, cleaning equipment, gym equipment and children’s bikes in the sale.
Eluding to the fact that more items will be added soon, the website states: “More lines added regularly, don’t miss out!”
The money-saving sale features a “Samba Football Fun Goal” for just £46 and a normally pricey “window vac” for £30, at time of writing.
Charles Wilson, CEO of Tesco UK & ROI, said: “We want to offer our customers the ability to buy groceries and non-food products in one place and that’s why we are focusing our investment into one online platform.”
