Clubcard adds Evans Cycles – worth trading your Avios?

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 like to keep an eye on what new offers are added to the Clubcard Boost line-up.  It is a mistake to blindly convert Clubcard vouchers into Avios or Virgin Flying Club miles without considering the alternatives – I wrote last year about how I used a chunk of Clubcard vouchers for Safestore.

For a temporary period only, Clubcard is partnering with Evans Cycles.

You can find details on the Clubcard website here and on the Evans Cycles site here.

Evans Cycles

The conversion rate is 200%.  This means that a £5 Clubcard token will convert into a £10 Evans Cycles gift voucher.

This may not sound exceedingly generous.  However, there are no restrictions on using these vouchers.  You can use them against any goods or services at Evans Cycles, either online or in any of their 50 stores.  This means, if you are on the lookout for a new bike, you could get a very good deal here.

Is this a ‘better’ deal than converting to Avios points?

Looking purely at the straight numbers, it depends on whether you value an Avios at more than 0.8p.

A £10 Tesco voucher gets you 2,400 Avios or £20 to spend at Evans Cycles under this offer, so 0.8p is the breakeven point.

Of course, it is not that simple.  If you are short of cash and want a new bike, you may be more tempted to take the Evans Cycles vouchers.  If you are only a few thousand Avios short of your target, you will be more likely to want the points.

Remember that this is a temporary promotion.  The Clubcard website says that you can only order Evans vouchers until 31st July.  The Evans Cycles vouchers will last for two years before they expire.

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. I did this over the weekend – ordered £100 to supplement my cycle to work voucher. Along with an old trade in I got a great deal- voucher took 36 hours to come through.

  2. The cycle to work scheme offers something approaching a 50% discount. Even if your employer doesn’t use Evans as their partner for the scheme, you may find that the company your employer does use (normally Halfords for me) is happy to buy in any bike and sell it to you via the scheme.

  3. If the Cycle to Work scheme is available, it’s a great discount. I got £440 of bike and accessories (Halfords just happened to be doing a 10% off everything weekend at the time) for the princely sum of £33/month deducted from my salary, so I’m around paying £240 interest free.

    • Is it actually as simple as that ? Is there not a grey area where you have to make a final payment which potentially cancels out some of that discount.

      I’m looking into this at the moment and very confused by the scheme.

      • You are right – a tax charge at the end of the scheme – £100 for a £1,000 bike. Approx 10% of bike cost. Assuming your employer lets you take the bike for nothing. If they charge you market value of the bike after 12 months then no tax charge.

        I’m confused and I’m an accountant!!

        • Frenske says:

          Agreed, at the end it is me who paid for my bike by salary reduction. I don’t think my company paid anything other some time setting it up. But at the end of the year I was asked to pay 18-25% of the new value of the bike to take ownership of the bike. Fortunately the scheme also gave another option: to transfer ownership to them and pay like 3% admin fee.
          Very strange rule compared to previous.