Tesco Bank makes big changes to the Tesco Premium credit card – will it re-open?

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• Michael C says:

  4 Dec4 December 06:19

  The logo on the Amex webpage SPG offer is so so small, I’d skipped over it the first time – it was only because I knew there was a Guoman offer there that I looked again!

• Tom1 says:

  4 Dec4 December 06:27

  My Thistle offer is £35 off £100.

  • Sam says:

    4 Dec4 December 08:42

    same

    • Rob says:

      4 Dec4 December 09:17

      Actually, now I double checked, so is my wife’s!

  • Alan says:

    4 Dec4 December 09:22

    Ditto

• Ben says:

  4 Dec4 December 06:45

  OT. Yesterday I was checking flights to South Africa in February but I noticed that BA are offering LHR – JNB business for c£1500 on most days this month. Could be of interest if anyone fancies a last min trip to escape the cold.

  • Andrew (@andrewseftel) says:

    4 Dec4 December 09:11

    There’s also plenty of availability in WTP at £675pp as part of a BOGOF offer.

• GS says:

  4 Dec4 December 06:46

  Doesnt the free Virgin card earn 0.75 miles per £ rather than 1 mile per £?

  • Rob says:

    4 Dec4 December 07:34

    Yes, sorry

• John Matrix says:

  4 Dec4 December 08:10

  Marriott offer is for a single stay? Terms suggest multiple are okay

  • Flatwell says:

    4 Dec4 December 10:57

    I read the terms very closely and it’s not clear whether the offer can be applied for a single stay or for multiple stays. I frequently stay at Marriott for business, but only for a single night, and £500/night would be unacceptably prohibitive amount for a single night.

• Alex W says:

  4 Dec4 December 08:28

  It still seems like a bit of a faff to make sure you spend £2500 in Tesco for only 2500 CC points. It’s not competitive for ongoing spend and there is no sign-up bonus (yet). The only thing that might tempt me is if they do a free balance transfer.

  • Mr(s) Entitled says:

    4 Dec4 December 09:24

    I had the original (which included another 5,000 Clubcard points as a sign-up) but cancelled at the first anniversary because the math no longer worked with the £150 fee even allowing for boosting with their partners. Also, I hate their customer service. Really hate it.

    I’ll sign up if open at £36pa. 2,500 Clubcard points is worth £75 to me using their partners and it’s a legitimate saving on goods and services I would otherwise being paying cash for.

  • TM says:

    4 Dec4 December 18:30

    Tesco always seem to have the cheapest petrol where I live so £2500 will be manageable in a year.

• FlyUpTop says:

  4 Dec4 December 08:29

  Does anyone spend any decent amounts in Tesco anymore, I was under the impression most had abandoned T recently.

  • Andrew says:

    4 Dec4 December 08:59

    Surely that depends on your geographic area and which store is more convenient to visit?

    If you are in Lewis, you’ve a choice of Tesco, Spar, Iceland or Co-op.
    If you are in Kirkwall, it’s Tesco, Lidl, Spar or Co-op.
    In my home town it’s a choice of Tesco, Marks & Spencer Simply Food or Co-op.

    Unless you are in a particularly densely populated part of the country, there is often just one large supermarket and smaller convenience stores.

    • Alan says:

      4 Dec4 December 09:25

      Indeed – I drive right past them on the way home from work so still use them plenty.

    • guesswho2000 says:

      4 Dec4 December 09:32

      I lived in a town of around 25,000 before I left England, it had two Tesco stores (one an Extra), a Sainsbury’s, Waitrose, Lidl, Iceland, Costcutter and probably others I’ve forgotten!

      I agree it depends on which is most convenient, Tesco was always my go to because of the huge, free car park, which the others didn’t have (there was space, or free parking at the others, never both).

      • David says:

        4 Dec4 December 10:02

        Presumably it was a town of 25k and also a hinterland with much more. In Lewis/ Kirkwall etc, the latter is not there.

  • Anna says:

    4 Dec4 December 09:19

    I’ve massively reduced my spending with them, though most of that is due to Direct and Wine closing. But for food prices, Aldi and Lidl beat Tesco hands down. Also a whole range of items I would normally buy aren’t even stocked by my local Tesco.

  • Sussex Bantam says:

    4 Dec4 December 09:20

    Far from abandoned – actually recovering very nicely.

    Like for like sales up 4.2%. Market share at 27.5%, JS at 15.8%, Asda at 15.3%

    https://www.kantarworldpanel.com/en/grocery-market-share/great-britain

    • Rob says:

      4 Dec4 December 09:22

      You need to compare the LFL to food RPI though.

      • Sussex Bantam says:

        4 Dec4 December 09:45

        Sort of – volume growth is obviously important but so is being able to command higher prices. You are right though that you shouldn’t look at L4L in isolation – if all other companies are also growing that would suggest market growth rather than decent company performance.

        Whilst Tesco L4L is up 4.2% the latest figures I could find for JS were up 0.6%. This certainly suggests Tesco are doing something right versus JS (or potentially had more leeway to recover into).

        Anyway – my point only is that customers are not “abandoning” Tesco -in fact the company is doing pretty well currently.

  • Mr(s) Entitled says:

    4 Dec4 December 09:20

    Sat at home now awaiting my weekly delivery from them. Easily spend £5k per year because they are the only supermarket with a forecourt that I regularly pass.

    They still have a 25%+ market share, 10% bigger than anyone else’s but perhaps surpassed by Sainsburys/Asda merger in due course. Whatever one may think of Tesco and their business practices, capturing 25p of every £1 spent is impressive.

  • Tilly says:

    4 Dec4 December 09:43

    Not spent much with them for years. Been getting Ocado deliveries for last 7 years. I only go in for the odd thing maybe once a month. Shame there’s no more Tesco Direct as I did use them a fair bit and done well with CC points combined with avios accessing the site via the BA shopping site.

  • Graham Walsh says:

    4 Dec4 December 09:55

    I don’t anymore. Since divorce 2 years ago, moved my main shopping to Lidl as it’s better located in the retail park. Aldi is moving into 3 units in the new year, right next door to M&S Simply Food. I still use Tesco from time to time for food and get some clothes for the kids there. It’s also about 2 mins closer. Use them for petrol as the cheapest around here.

  • Renaud says:

    4 Dec4 December 12:54

    Most of the shopping done through Ocado, as we don’t have much time for real-life shopping (even preparing the grocery list is quite a time-consuming process. From our experience they also have the best delivery service, and their customer service has always been good. Last, as long-term customers (that’s 3+ years), they’ve proposed to enroll us in their customer panel, for which we regularly receive rather well-targeted freebies to review.

    Still shop once or twice a week at local Tesco’s for a 1-bag top-up of things I know are cheaper there or for special offers. More rarely at Sainsbury’s or Morrison’s.

• Mervyn Miller says:

  4 Dec4 December 09:14

  Tesco has improved enormously in the past couple of years and it continues to do so all the time.
  They woke up late to the challenges of Lidl and Aldi but they are wide awake now and cannot be beaten overall factoring in price, quality, check-out times etc etc. And for a huge no of people the vastly higher range of choices etc at Tesco is a key attraction too..

  • Rob says:

    4 Dec4 December 09:24

    I forget this whole ‘check out times’ thing is an issue for people. At our Waitrose you just wander up to a check-out and there is no queue except for the person curently bagging up.

    • Alan says:

      4 Dec4 December 09:28

      The benefit of those high Waitrose prices 😛

      Not sure anything could beat the prices I recently found in Memphis – ludicrously high, even just normal closed cup mushrooms worked out at 50p *each* :O

      • guesswho2000 says:

        4 Dec4 December 09:36

        Funnily enough that’s the one thing that is burned into my memory from when I first moved overseas, the price of mushrooms – £0.79 for 500g at Tesco, $6 for the same in Coles/Woolworths in Australia.

    • Mr(s) Entitled says:

      4 Dec4 December 09:28

      Humble brag? Surely people who actually shop at Waitrose wouldn’t know this information unless relayed to them by their domestic staff. And who speaks to their domestic staff? I fire mine for eye contact.

      • Rob says:

        4 Dec4 December 09:39

        No staff on the weekend so I am occasionally obliged to pop in ….

    • Mark2 says:

      4 Dec4 December 09:36

      Our Waitrose usually has queues at all tills including self scan.
      Also at Evesham although the town also has Tesco, Morrison, Aldi, Lidl and over ten Polish shops.

    • Alex says:

      4 Dec4 December 09:43

      Sorry, what’s a check-out time at a Supermarket? I thought late check-out was a benefit at major hotel brands, but at Tesco’s?

      Anyway, Waitrose can get busy, I sometimes have to wait for 3-4 people with full trolleys to be dealt with. (I’m not bragging, I literally live next door to one, I’m not walking 3 miles to get to JS, and at least they sell meat that’s actually fit for human consumption!)

    • John says:

      4 Dec4 December 13:23

      Which Waitrose do you go to??? Gloucester Rd, High St Ken and Notting Hill Gate always have queues

      • Tilly says:

        4 Dec4 December 18:09

        Buckhurst Hill always have queues on a Saturday.

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