TESCO shoppers can get £360 worth of free cash for Christmas through its Clubcard scheme – but you will need to act fast.
The supermarket is extending the deadline to sign up for its Clubcard Christmas Savers scheme.
Applications were due to close on Thursday October 16, but this has now been extended to Sunday, October 19.
Tesco lets shoppers add money to their Clubcard in the run up to the festive period, and as an incentive, it adds a small bonus.
Then, in November, the supermarket will send you your vouchers for the value of what you saved, which you can spend over the busy Christmas period.
You can also top up your savings throughout the year with your own money.
The maximum reward is a £12 bonus, and the rates are as follows:
- £1.50 bonus when you save between £25 and £49
- £3 bonus when you save between £50 and £99
- £6 bonus when you save between £100 and £199
- £12 bonus when you save £200 to £360
Customers can redeem bonus vouchers on the Tesco website, in-store, or on petrol.
If you are keen to try this out, you need to top-up your Clubcard with money throughout the year via the Tesco app or Clubcard website.
Shama Wilson, group membership and loyalty director Tesco said: “We know that Clubcard Christmas Savers is always popular as it helps our customers to save for their big Christmas shop, plus they can get up to a £12 bonus on us.
“Time is running out for this year’s scheme, but we’re giving customers an extra three days until the end of 19 October so they can save even more for the festive season.”
If you are keen to sign up for the scheme, you can visit, secure.tesco.com/clubcard/christmas-savers.
What other schemes are available?
Tesco is not the only supermarket giving customers the chance to save cash ahead of Christmas.
Sainsbury’s runs a similar offer to help customers save in the run-up to Christmas.
Customers can begin putting money on their card from the start of the year, with the reward handed out in November.
Shoppers receive a 5% cash bonus equivalent to £2.50 for every £50 you have on your card on the November 1.
Asda also offers a Christmas Savings Card to help customers prepare for the big day.
It’s a gift card you can spend or top up at any time, with the benefit of receiving a bonus in November based on your balance.
The bonus increases the more you save, with the supermarket handing out a £15 bonus when you save £280.
And Morrisons Christmas saving card is linked to its More app.
The stamps are bought in-store by asking the cashier how much you want to top up by.
You then scan your Morrisons More card to link the stamps to your account.
The maximum bonus you can get is £6,
How to save money on Christmas shopping
Consumer reporter Sam Walker reveals how you can save money on your Christmas shopping.
Limit the amount of presents – buying presents for all your family and friends can cost a bomb.
Instead, why not organise a Secret Santa between your inner circles so you’re not having to buy multiple presents.
Plan ahead – if you’ve got the stamina and budget, it’s worth buying your Christmas presents for the following year in the January sales.
Make sure you shop around for the best deals by using price comparison sites so you’re not forking out more than you should though.
Buy in Boxing Day sales – some retailers start their main Christmas sales early so you can actually snap up a bargain before December 25.
Delivery may cost you a bit more, but it can be worth it if the savings are decent.
Shop via outlet stores – you can save loads of money shopping via outlet stores like Amazon Warehouse or Office Offcuts.
They work by selling returned or slightly damaged products at a discounted rate, but usually any wear and tear is minor.
