This is a slightly peripheral article for Head for Points, but in the last few days Cosmos has drastically reduced the value of Tesco Clubcard points if you use them for a holiday.
Historically, you could convert your Clubcard tokens into Cosmos holiday vouchers at 3x face value, with a £300 per person cap. This was a very good deal, if Cosmos if your ‘thing’.
The deal has now worsened dramatically. You can now only convert your vouchers at 2x face value. More drastically for heavy points collectors, the maximum discount you can have per person is just £100.
Over the last couple of years, the overall value of Tesco Clubcard has been sharply reduced. If you converted to Avios or Flying Club miles, you won’t have realised it, but it has been going on.
Of course, some of the jumbo deals in the past were just too good to last. When Motorpoint joined, they were letting you get a discount on a car for 4x the face value of your vouchers, with no cap. Plenty of heavy collectors got a free car!
Similarly, Virgin Holidays let you redeem at 4x face value with no cap. Lots of people got a lot of totally free holidays from that.
Most Clubcard deals are now just 3x face value. It is difficult to see where the real value is these days. I would suggest:
Goldsmiths still let you buy watches and jewellery at 3x face value with no cap
Safestore (where I have been redeeming recently) gives you 3x face value with no cap
Some of the cruise offers still give 3x face value, with no cap
This article from last year looks at the other travel deals you can get for Clubcard points and whether they are worth a look – the answer was generally ‘no’!
How to earn Avios from UK credit cards (February 2023)
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:
SPECIAL OFFER: Until 21st February 2023, the sign-up bonus on the British Airways Premium Plus American Express card is increased to 35,000 Avios from 25,000 Avios. You can apply here.
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
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.
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.