Tesco replaces its Avios-earning gift card promo with …. the same thing

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• John says:

  28 Sep28 September 04:21

  So basically a ploy to get lots of HFPers to buy gift cards. Tesco should have paid Raffles something to come up with this.

  • Jono says:

    28 Sep28 September 12:16

    This! I’ve got £400 of B&Q vouchers to spend after the weekend.

  • Mr Dee says:

    28 Sep28 September 20:38

    Agree, but we should have known they are not going to be giving this up as I am sure it makes them revenue indirectly at least.

• Erico1875 says:

  28 Sep28 September 06:23

  Its for once. an improvement. You can now earn CC points for spending in multiples of only £25

• harry says:

  28 Sep28 September 06:50

  and don’t forget Tesco stores now sell Amazon giftcards

  • Mark says:

    28 Sep28 September 07:03

    Great, thank you.

  • Erico1875 says:

    28 Sep28 September 07:09

    Really?. I spend a lot on Amazon. Haven’t seen any in Edinburgh.

    • harry says:

      28 Sep28 September 07:49

      Amazon gcs only seem to have started appearing in Tesco this weekend – none in Truro yesterday

      gcs are replenished by a 3rd party contractor so will get stocked in ‘your’ particular Tesco as & when – but worth a look now to take advantage of the points promo

    • CV3V says:

      28 Sep28 September 08:01

      They will show up, seen them in a few Tescos around central Scotland already, even on the small end displays. Various denominations too. I seem to spend a small fortune with Amazon so this is an actual improvement!

      • harry says:

        28 Sep28 September 08:15

        how does the math stack up if you have a £4 off £40? (as I do!)

        buy £50 (for £46) = 150 T points = 360 Avios = £3.60
        Amex MR points = 50 = 50p
        Total discount = £8.10
        = 16.2% discount on your Amazon purchases/ or equiv = 1620 Avios @ 1p

      • Brian W says:

        28 Sep28 September 16:02

        For anyone in central Scotland, the big 24hr Tesco at the Faraday park in Coatbridge has every denomination of card you could need for every branded retailer possible. I was in yesterday and they now have Amazon ones in £10, £15, £25 and £50.

        Spent a fortune last weekend stocking up on M&S and Next, looks like I’ll be back now for a load of Amazon ones now they have appeared.

      • Brian W says:

        28 Sep28 September 16:14

        Harry, if its the Tesco vouchers that come in the little booklet and provide one that can be used each week, I’m pretty sure the T&C’s state they cannot be used against gift cards and the other usual things like cigarettes, lottery etc. No harm trying though but worth checking the back of the voucher.

        If its not these ones and they are valid against gift cards……do share where you got it from 🙂

      • harry1 says:

        28 Sep28 September 16:29

        they are valid against gcs – yes & no – till says yes – T&Cs say no – young lad/ lass says yes – old trout says no

        nae problemo using mine this morning, just saying

        indeed never had any problems using them against gcs over the last few years

      • Brian W says:

        28 Sep28 September 16:52

        Gotcha, I’ll give it a try using this weeks voucher. I shall avoid the old trouts and head for the spotty 16 year olds on your advice! Thanks.

      • Mr Dee says:

        28 Sep28 September 23:03

        You can always say that you asked customer services and they said it was not supposed to be used on the Tesco own gift cards but these are ok

  • Genghis says:

    28 Sep28 September 07:23

    I’m going on the hunt when back in Blighty…

  • JK says:

    28 Sep28 September 07:29

    And Netflix and Spotify, so you can get Clubcard points by loading up your account with them too

    • Frenske says:

      28 Sep28 September 12:16

      Strange you can get Netflix gift cards since they work with subscriptions and direct debits. I saw them at our local Tesco.

      Can you add gift card to your account and subscription money is simply taken off the gift card!?

      • Genghis says:

        28 Sep28 September 12:54

        You add the £50 gift card to your account. The £6.99 fee or whatever is then debited from this amount each month until month 8 where they’ll take the remaining gift card balance and the remaining monthly fee from your debit/credit card

      • Alan says:

        28 Sep28 September 13:03

        Yes, there’s no issue using Netflix ones for your subscription

• Travel Yoda says:

  28 Sep28 September 07:23

  Online doesn’t take Amex. I store does.

• Joe says:

  28 Sep28 September 07:43

  RE the Giftcards, Guessing when they do promos like 15-20% off, they no longer want to give away 3pts/£ as well!

  • Raffles says:

    28 Sep28 September 08:35

    The scheme is simply a way for Tesco to inflate their sales figures to keep their investors happy. No way do they make money giving away so many points.

    • Dom says:

      28 Sep28 September 10:10

      Gift card sales are never included in retailer’s published sales figures. It does not meet accounting rules for what should be classified as a sale.
      Tesco will get commission for the sale and this will be reported in other income in their accounts.
      The commission for gift cards is usually very low, only a couple of percent. It’ll almost be certainly wiped out by the clubcard points given on the offer, plus other costs, which will be at Tesco’s expense.
      The incentive for retailers to sell these is purely to get customers through the door, so they can buy other things while they are there.

      • Chris says:

        28 Sep28 September 10:54

        Some of the retailers whose gift cards appear in Tesco actually have schemes where commission margins paid to Tesco are actually much higher than 2-3%. This is especially true for some of the higher margin retailers (and moreso service providers) who have cards in Tesco.

        It allows these retailers to massively increase their potential footfall from a source that takes 28% of the entire grocery market share. It’s a fairly cost-effective way to drive new customers

      • Rob says:

        28 Sep28 September 12:08

        You don’t account for your OWN gift card sales, I agree. But why would you not account for THIRD PARTY gift card sales? That makes no sense.

        The only logic for doing that, in the electronic age, is that Tesco is not buying stock in the usual sense of the word.

        • Dom says:

          28 Sep28 September 13:50

          It is to do with the exchange of goods and who the contract of sale is with (IAS 18).
          Take a Next gift card. When it is sold in Tesco, no exchange of goods has taken place (as the gift card had zero value in the first place, un-activated). The transaction has created a contract between Next and the customer (not with Tesco). Tesco have just provided a service to complete the transaction and obtain the cash on Next’s behalf.

        • Johnnycl says:

          28 Sep28 September 19:25

          Depute the lack of impact on the P&L, I reckon the giftcard takings fall into the Kantar till read share data. This alone would be reason to want (need) to push them through to get a few bpts benefit.

      • Londonbus says:

        28 Sep28 September 22:06

        Remember that somewhere around 25% of gift cards are never redeemed. This “breakage” figure is guarded but makes gift cards very profitable.

        If you look at the Companies House reports for British Midland Airways after Diamond Club closed to all but credit cards BMI Limited booked a £12m windfall from breakage of points not redeemed. I suspect the numbers on gift cards are tasty too.

  • mark2 says:

    28 Sep28 September 09:49

    You do still get the points, but on the amount after the discount.

• DaveP says:

  28 Sep28 September 08:35

  Starbucks’ T&Cs states “Any amount on your Starbucks Card may be redeemed for cash”. Am I right that if you buy multiples of £25 cards to maximise Tesco points (e.g., 10 x £25) I could then reclaim the cash by calling Starbucks listed number?

  • Raffles says:

    28 Sep28 September 08:36

    I’ve seen that before. It does seem to be the case, I agree.

    • DaveP says:

      28 Sep28 September 08:39

      Thanks, certainly worth exploring; or I could just drink loads of coffee!

      • Dave Williams says:

        28 Sep28 September 10:21

        Never thought of cashing them back in as I inhale starbucks but if I were you add them to the app and then try and get that refunded then its one refund rather than 10 (although Ive only seen £10 cards in store) – obviously check you can cash app credit for cash before you do this….

  • Singing Dwarf says:

    28 Sep28 September 10:49

    Only applies before Brexit kicks in!

    “Redemption.
    Amounts loaded on your Starbucks Card in the EU, may be redeemed by calling 0845 270 3310 and no fee is payable. You may be asked to provide proper documentation of your identity, such as your address, a driver’s licence, passport, etc, and your bank account details. Upon verification of your identity and receipt of your bank details, a refund will be made within 7 business days directly into your bank account. Amounts loaded on your Starbucks Card outside of the EU are subject to the redemption and cash back regulations of the country where the funds were loaded.”

    • Mark says:

      28 Sep28 September 14:00

      If it is an EU rule will this apply to giftcards with other companies?

      • Mr Dee says:

        28 Sep28 September 20:42

        Don’t think its an EU rule just a Starbucks rule!

• harry says:

  28 Sep28 September 12:45

  found some Amazons this morning – used my MOCs nae problem, nice young lad

  various denominations mean you can accommodate most spend requirements – £15, £25, 3x£10, £50, £100

  • harry says:

    28 Sep28 September 13:09

    prepare for some fun 🙂

    these are new style cards – there’s no difference (or so it seems) between ‘8’ and ‘B’ or between ‘2’ & ‘Z’

    you do seem to get unlimited attempts at redeeming

    • Genghis says:

      28 Sep28 September 13:35

      Do you need some glasses in your old age, Harry? In the interim, you could try like my Dad used to do before he realised he needed glasses and hold the gift card further away from your eyes until about at arms length then you might be able to make out the letters and numbers 🙂

      • harry says:

        28 Sep28 September 13:40

        nope that’s with reading glasses & a strong torch beam

        I’ve put previous Amazon vouchers in with never a problem but with the new style cards, 2/4 this morning required several attempts!

        the difference in particular between 8 & B is so minimal that if you get a couple in one code you can go round in circles 🙂

        • James67 says:

          28 Sep28 September 14:41

          I’m visually impaired and glad I don’t have all these problems…now if only I could hit the right key on the keyboard!

  • Mr Dee says:

    28 Sep28 September 20:44

    Will be shifting my Amazon purchases to Tesco if they are stocking them now for a better return than Morrisons 2.5%

• Peter Taysum says:

  28 Sep28 September 14:05

  Does it still work for online gift card purchase? I’ve read the T&Cs but my feeble brain can’t make head nor tail of it…

  • Rob says:

    28 Sep28 September 14:52

    Yes, it is on the online gift card site

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