Tesco points into Goldsmiths vouchers

[Adrian W]

I don't know if i'm a bit slow on this one, a guy in Goldsmiths just told me, that if you redeem Tesco points for Their vouchers you get four times the face value in goods ie £500 gets you a two grand watch. he told me that they arn't openly advertising it.

[bigandclever]

What you can do is swap Tesco Clubcard vouchers for Tesco Clubcard Reward tokens. £10 in clubcard vouchers gets you £40 in reward tokens, I think there are other, less favourable, multiples. You can then spend reward tokens at Goldmsiths (and other places). There are a fair few conditions attached (for instance, the reward token has your name on it, there is a minimum spend of £200 and so on) but it's all above board.

Quick back of fag pack maths...

Spend £100 on your shopping converts into 1000 points which converts into £10 voucher which converts into £40 token. Easy

ETA link to PDF from Tesco with the details http://www.tesco.com/CLUBCARD/DEALS/PRODUCTINFOSHE...

Edited by bigandclever on Friday 18th June 14:38

[Adrian W]

Thanks, the amount of petrol i buy a year alone wiil get me a decent free watch.

[Nolar Dog]

We do this with our Clubacrd points. But we spend them on our Safestore bill.

[Podie]

Adrian W said:

I don't know if i'm a bit slow on this one, a guy in Goldsmiths just told me, that if you redeem Tesco points for Their vouchers you get four times the face value in goods ie £500 gets you a two grand watch. he told me that they arn't openly advertising it.

Friend of mine has done this twice. Got a couple of nice watches

He also mentioned something about getting a Tesco credit card, so you double your points when you purchase stuff...

[UncleRic]

I've used this 'exchange' for four watches now (over the last three years). Equivalent to 75% off, but you have to spend atleast £250 in one transaction.

I got a very nice Nautica, an Oris Williams F1, Citizen and a Seiko Kinetic Divers all courtesy of Mr Tesco.

[Miguel Alvarez]

Wow. No more shopping at Sainsburys.

[physprof]

indeed the 4x multiplier is a winner - everything over a tenner goes onto my tesco mastercard accruing points and as Brucie said - "point make prizes" - Omega Railmaster Chrono due in my hands next tuesday.

[T5SOR]

How do you transfer Tesco Clubcard vouchers for rewards tokens?

[Stu R]

Wow, shall have to look into this, got shed loads of tesco points to get shot of

Thanks folks!

[Nolar Dog]

T5SOR said:

How do you transfer Tesco Clubcard vouchers for rewards tokens?

I do it online. Link to page to start the ball rolling

[Hoover.]

I've refused to have a clubcard all these years....... right I am def getting one now

[johnny senna]

I did the Tesco points thing when I bought my platinum wedding ring from Goldsmiths. It really is a no brainer. I saved hundreds of pounds, I effectively got the ring half price.
I am going to get a Tesco credit card next as well for the reasons stated below.

[Rolls]

Righty then...
What's needed to do this then? - tesco credit card, and club card, then just use those for everything you can, pay them off each month, and neigh on free watch after a year?

[Deerfoot]

Rolls said:

Righty then...
What's needed to do this then? - tesco credit card, and club card, then just use those for everything you can, pay them off each month, and neigh on free watch after a year?

Yep, been doing it for ages.

[tuffer]

hhhmmmmm, currently spend at least 10k per month on my BA AMEX card, wonder if I would be better off switching to Tesco's?

[princeperch]

I got a Tesco credit card the other day. I earn £4X,000, have no debt at all apart from about 6 grand of student loan, and they would only give me a £400.00 limit!

[Clarkey boy]

Just got an Omega Speedmaster after 14 months colecting, had to put £300 towards it as I needed to get it sorted as some of the Tesco vouchers were about to go out of date, still not too shabby to get a £1860 watch for £300. Sadly they cannot get IWC watches though.

[minimods]

bigandclever said:

Quick back of fag pack maths...

Spend £100 on your shopping converts into 1000 points which converts into £10 voucher which converts into £40 token. Easy
[/footnote]

Somebody's maths are out a bit there.

£1 = 1 Point and you can quadruple this with clubcard vouchers, so:

£100 on shopping = 100 points = £1 x 4 = £4 in clubcard vouchers

Edited by minimods on Sunday 20th June 21:18

[horacethefrog]

minimods said:

bigandclever said:

Quick back of fag pack maths...

Spend £100 on your shopping converts into 1000 points which converts into £10 voucher which converts into £40 token. Easy
[/footnote]

Somebody's maths are out a bit there.

£1 = 1 Point and you can quadruple this with clubcard vouchers, so:

£100 on shopping = 100 points = £1 x 4 = £4 in clubcard vouchers

Edited by minimods on Sunday 20th June 21:18

So, to buy the £2,000 watch mentioned by the OP you would need to spend £50,000 in Tescos. That's not going to happen in 12 months. Maybe 12 years.