Converting TopCashback cash to Tesco Clubcard to Avios – a reminder for beginners

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?

I dedicated a lot of space on Head for Points in March to discussing TopCashback and its great new feature – the ability to convert your cashback into Tesco Clubcard points, and so effectively buy Avios points for 0.4p each!

I haven’t mentioned it much since, and the readership of the site has more than doubled. As we gear up for the start of the main Christmas shopping season, I wanted to run over the basics of how it works again. (Long-term readers can skip to the next post!)

TopCashBack logo

For a long time – I have been a member since 2006 – Quidco was the UK’s leading cashback site for online shopping. It was reliable and it had good customer service.

TopCashback launched a few years ago and has been making aggressive strides in the market. Most in the industry expect it to overtake Quidco at some point.

Historically, TopCashback had three benefits over Quidco:

It paid 1% more on all sales (ie £1.01 instead of £1 – not a great improvement)

You could withdraw money as soon as it was received (although Quidco pays fortnightly, and the £1 minimum is not a major barrier)

You got a further 5% bonus on all of your payments if you took them as Amazon, Marks & Spencer or Love2Shop vouchers

In March, though, TopCashback took everyone by surprise by announcing a tie-up with Tesco – a pretty amazing achievement given the scale of the Tesco machine:

TopCashback will now pay your cashback directly into your Tesco Clubcard account – and give you a 5% bonus on top!

This dramatically increases the value of TopCashback cashback versus Quidco:

£10 of cashback earned at Quidco earns you £10

£10 of cashback earned at TopCashback earns you £10.50 (with the 5% bonus) paid into your Tesco Clubcard account. That gives you 1,050 Clubcard points. These convert into 2,520 Avios points or 2,625 Virgiin Flying Club miles. You are effectively ‘buying’ Avios points for just 0.4p each.

There are very few conditions, except:

You are capped at transferring £50 per year to Clubcard (a year runs from the date of your first Tesco transfer, not the calendar year or from the date you joined)

You can choose for each individual transaction whether it is paid to you as cash or paid into Clubcard.

As you cannot split up each individual transaction, do NOT do just one transaction that earns you more than £50 cashback, as you cannot split it to send £50 to Clubcard and the rest to your bank account. (You can get around this by donating the excess above £50 on that transaction to charity.)

TopCashback accounts are strictly limited to one per person. Extra TCB accounts for different people at the same address would require separate Clubcard accounts as well.

How do I join TopCashback?

Use this link here, please!

TopCashBack runs a refer-a-friend scheme, and the link above includes my referral code.

I am grateful to anyone who chooses to help support the blog by using this link. You will not get a better deal if you sign-up directly on the TopCashBack website. Thank you!

What next?

You should open a TopCashback account now and using it for your day-to-day online shopping instead of Quidco.

Here is a quick tip – make your first Tesco transfer as soon as you can, even if it is just for £1. The ‘£50 per year limit’ runs from the date of your first Tesco transfer. The sooner you make your first transfer, the sooner your anniversary will come around!

You may want to take a look at some of ‘easy money’ offers on TopCashback. If you know what you are doing, some of the gambling and bingo sites offer effectively free money for signing up and betting a small minimum. (You can minimise losses by having your partner sign up and then taking opposite win/lose bets on the same sporting event.)

There are also interesting ‘no purchase’ deals, such as £12.60 for a free trial of LoveFilm and £8.92 for a free trial of the Equifax credit score service. These two deals alone would generate over £20 of cashback and over 5,000 Avios points.

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?

20% off British Airways flights to the US and Canada
Double Avios when you fill up at Shell until 31st December
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Comments

  1. Moonman85 says:

    Also worth mentioning that cash back on hilton bookings don’t count towards your £50 allowance for the year (I think).

  2. @Matt – sorry, didn’t see your post before mine submitted.

  3. Does anyone know whether once I’ve hit £50 and converted, could my partner sign up and get £50 converted into the same Avios account?

    • You mean same Tesco account? Don’t think so – UNLESS you had 2 Clubcards linked to the same account and gave a different account number for each.

      • What a wally – yes, the same Tesco account! And luckily for us, yes we have got two.

  4. Colin MacKinnon says:

    Tesco doesn’t come up as one of my payout options, is there somewhere I have to register my clubcard?

  5. Oh, I just had this problem and had to make a payment via BACS – I couldn’t see anywhere to split things out and let me transfer to Clubcard.

  6. Yes, its a great time to refer your friends for Top Cash Back. £20 per successful referral.

    • pazza2000 says:

      I am still waiting on receiving a referral £10 several months on…

      Would a Hilton Cash & Points reservation be eligible for cash-back? Unlikely, I would assume although I have earned cash back on Club Carlson C&P nights in the past.

    • You don’t want my kids left empty-handed on Christmas Day I’m sure :-)

  7. A few credit cards eg £26 for the Post Office one.

  8. thanks for the tip on when your year starts!!

  9. Den Carter says:

    Thanks, that’s really helpful! I travel Virgin Trains between Manchester and London twice a week, but currently book on traingenius.com for the Avios, but it sounds like redspottedhanky might be more profitable – thanks again.

    • Obviously, if someone else is paying for your ticket via refundable expenses, then traingenius will give you more Avios! If you’re spending your own money, I wouldn’t bother with it.

  10. Thank you. I don’t think I really opted for it. But I checked and apparently I am a premium member. Thank for your help!