Why Tesco’s ‘Win 1 Million Avios’ competition is rubbish

Love Clubcard, don’t collect Avios?  You should be reading our sister site, Shopper Points (www.shopperpoints.co.uk), which covers the latest Clubcard and Nectar offers without any distracting frequent flyer talk!  Why not check it out now?

Scott emailed me to ask what is a very fair question:

I didn’t see anything on your website about the Avios and Tesco Clubcard email offer I received the other day. Apparently if you exchange a minimum of £10 worth of Tesco clubcard vouchers, before 31st March 2013, BA will enter you into a prize draw to win 1 million Avios.

As Scott is probably not the only person to think this, I should answer it!

Tesco Clubcard

Reason 1 is that BA seems to have emailed people about it anyway if they have ever converted from Tesco.

Reason 2 – more importantly – is that it is a bad deal!

At least once a year, Tesco offers a 40%-50% bonus for converting Clubcard points to Avios.

There is not a promotion on now and it is unlikely that one will launch before the competition closes on 31st March. Transferring £10 of CC vouchers today gets you 2,400 Avios. Wait for a 50% bonus, you’d get 3,600. Those extra 1,200 Avios are worth at least £10.

Unless you absolutely must convert your Tesco vouchers now because you want to spend the Avios immediately, you are therefore basically ‘paying’ £10 to enter the competition! Far better to put your vouchers in a drawer and wait for the next conversion bonus.

If you do want to know more about this deal, the details – such as they are – can be seen here.

Love Clubcard, don’t collect Avios?  You should be reading our sister site, Shopper Points (www.shopperpoints.co.uk), which covers the latest Clubcard and Nectar offers without any distracting frequent flyer talk!  Why not check it out now?

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Comments

  1. Britbronco says:

    The Hilton vouchers have restrictions, not the same as normal points. Not sure what the impact of the devaluation is though

  2. Thanks for your opinions Raffles =D

  3. I had reached a similar conclusion, although with different reasoning.

    If you compare against waiting for a 50% promotion, you’re basically paying 1,200 Avios for the chance to win a million Avios. This is a good deal if 833 people or fewer enter the competition.

    Personally I have no idea how many people convert Tesco points to Avios. However, it looks as though anyone who converts £10 worth during the promotional period will be entered, and my guess is that that is going to be well over 833 people, so it seems right to pass.

    • But… if everyone thinks like you, then nobody converts them when there is no bonus, which means that you do have a good chance of winning if you convert now… but if everyone else thinks that, then everyone else will also convert now…

      Are people who leave autoconvert on automatically entered?

  4. Thunderbirds says:

    Like most competitions this is about dreams and not the £10 and (low!) probablility of winning. You have to ask yourself what am I actually going to spend my extra 1,200 avios on? Then ask yourself what would I spend 1,000,000 avios on? Remember that’s 2 F to Hong Kong, 2 F to New York, 1 F to Sydney and 3 CW to Gibraltar, and that is without the 241 voucher. For anyone not short of avios for their next trip then I think it makes sense to have a punt on the minimum. Though I’m pleased not everyone will…!