It usually takes a while for Tesco to take the Clubcard points earned in the previous quarter and convert them into vouchers. This time, though, they have been super-quick.
If you log in to your Clubcard account, you will see that your vouchers for the last quarter are there, available for redemption. Some people have also reported already receiving their postal vouchers as well – although you don’t need to wait for these in order to redeem, as the voucher code numbers are already online.
This means – rather unexpectedly, since vouchers do not normally appear in accounts until the following month – there is an unexpected opportunity to still take advantage of the 30% conversion bonus on Tesco Clubcard points to Virgin Flying Club.
There are a few rules if you want to convert to Virgin:
The offer is open to everyone
You must convert by 31st October
There is no maximum or minimum conversion, apart from the usual £2.50 minimum which applies to all deals
One converter will win 4 UK domestic flights on Little Red (woo!)
The bonus appears to post automatically with the base miles
Virgin has made real efforts recently to make economy redemptions more attractive in recent months. As I posted here, Virgin has cut taxes on many routes (New York is £120 cheaper than BA) and charges fewer miles at times (5,000 fewer for an economy ticket to New York.)
Virgin Flying Club miles can also be converted to Hilton HHonors at a decent ratio of 1:2 (and also to IHG Rewards Club at a poorer 1:1) so this is also a potential opportunity to bump up your Hilton balance as well. (Note that the UK Virgin website mistakenly says the conversion rate to Hilton is 1:1. The US – and indeed all the other regional – sites show the correct 1:2)
That said, if you value Hilton HHonors points at 0.3p, as I do, then you are effectively only getting (1 CC = 3.25 Virgin = 6.5 Hilton =) 2p of value for each Clubcard point. Not outstanding, but OK if topping off a balance. The minimum transfer is 10,000 miles to either Hilton or IHG.
If you want to convert to Virgin, remember that you only have three days to initiate your transfer. I am assuming that October 31st relates to the date that you initiate the conversion, as you have no control over how long it takes Tesco to send them over. That said, they usually appear very quickly (24 hours is not unusual).
(Thanks to Guido)