News in brief:
No more 25% bonus on TopCashback transfers to Avios
Quietly TopCashback has withdrawn its 25% bonus when converting TopCashback cashback directly into Avios.
First launched in September 2016 with no expiry date, the 25% bonus with TopCashback for converting cashback into Avios came after Tesco Clubcard pulled their partnership with TCB.
Giving no mention of an end of this 25% bonus prior to the expiry date is especially annoying if you had been wanting to convert your paid cashback into Avios but simply hadn’t got around to doing it.
Converting TopCashback to Avios is still not a bad deal. You get 1.05 Avios for every 1p of cashback you convert, which is far cheaper than buying points directly from BA. It just isn’t as good as it was.
If you are not already a TCB member, you can sign up via our refer a friend link here.
Miles & More gift card deals – to be avoided?
Lufthansa’s Miles & More scheme has been sending out emails to their UK members promoting their new gift card redemptions, making it look like a great deal.
‘Did you know that you can get your favourite awards for 3,000 miles already?’, asks the email in badly translated English.
A look at the website shows that for 3,600 miles you can, for example, get a £10 Amazon voucher. Great.
That is the equivalent of 0.27p per mile! Considering the 1p value we give to 1 Lufthansa mile when used for premium flight redemptions, this is a deal to be avoided unless you have some miles heading rapidly towards expiry.