TopCashback stopping Tesco Clubcard (and on to Avios) as a payout option

One of the easiest ways of earning Avios points or Virgin Flying Club miles is via cashback site TopCashback.

TopCashback allows you to take up to £50 of cashback from your day-to-day online shopping and convert it into 5,000 Tesco Clubcard points.  This means that it will turn into 12,000 Avios points – you are basically ‘buying’ Avios points for just 0.4p each.  This is repeatable every year.

This is a great deal and was a fairly easy 12,000 Avios points per year for Head for Points readers.   If you had a British Airways household account you could do even better.

Last night, TopCashback announced that Tesco is withdrawing on 31st July.  TopCashback transfers to Tesco will be ending on that date.

This move appears to be linked to the broader restructuring of the Clubcard scheme which is currently underway.  We have already seen the ending of Clubcard Boost ‘double up’ in store (the current promotion will be the last).  It has also been reported that Clubcard points will soon be instantly redeemable – like Nectar or Boots Advantage points – by swiping your card at checkout.

Interestingly, TCB said that 33% of users who chose Clubcard converted their points into Avios.  30% used them for restaurant vouchers and 20% for family day out vouchers.

There isn’t much more to be said, except that you should ensure that you do what you can to ensure your Clubcard money is paid out before 31st July.

You will still be able to convert TopCashback money directly into Avios points.  This is an acceptable deal – you get 1.05 Avios points for every 1p of TopCashback money you convert – but nowhere near as generous as routing your points via Tesco Clubcard.

If you used TCB to earn Virgin miles then there is no alternative option.

If you want to sign up for TopCashback and try to earn some cashback very quickly, my refer a friend link is here.  You are reliant on the merchant paying TCB before 31st July, however, so there is no guarantee the money will arrive in time.

This move could also be problematic for TCB itself.  It is generally seen as having poorer customer service than Quidco, but people put up with it because of the Tesco conversion option.

With that gone, TCB loses some appeal. Remember, however, that you can still buy Avios via TCB with zero effort for a touch under 1p and that is not a bad deal at all.

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How to earn Avios from UK credit cards (April 2024)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

There are two official British Airways American Express cards with attractive sign-up bonuses:

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.

Run your own business?

We recommend Capital on Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.

SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.

There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.