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Tesco halve Clubcard points for credit card spend


Michael Browne
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Tesco Bank is reducing the rate its credit card holders can earn Clubcard points when spending outside of Tesco, blaming a looming cap on interchange fees coming later this year.

 

Currently 2.8 million cardholders can rack up Clubcard points when spending using a Tesco credit card, wherever they spend.

 

But soon the points Tesco Clubcard Credit Card holders can earn on purchases made outside of the supermarket will change from one for every £4 spent to one for every £8 spent.

 

Tesco’s Clubcard Credit card customers will see the change from 1st December.

 

 

https://www.lovemoney.com/news/48703/tesco-bank-halves-clubcard-points-for-credit-card-customers

 

The points available normally through the Clubcard scheme and by shopping with a Tesco credit card in Tesco stores and on Tesco fuel will remain unchanged.

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