Martin Lewis, the founder of the website MoneySavingExpert.com, unveiled his top deals on This Morning today. Amongst today’s words of advice, the 47-year-old addressed a new scheme which the supermarket giant Tesco is running. Speaking to viewers, the broadcaster explained that the retailer is mixing up its loyalty reward scheme. Now, Tesco gives Clubcard holders a discount of up to 15 to 50 per cent on almost 200 products.
The offer is available in all UK stores and online. It’s possible to join the Tesco Clubcard scheme for free.
“Early analysis we’ve done, is where comparable – and you can’t always compare, some are own brand – they’re almost always cheaper than elsewhere,” he said.
This shows the Clubcard-exclusive offers seemed to be good deals, with items cheaper than rival stores, although it’s always worth doing your own comparison before you buy.
Out of 36 prices checked, Martin said that 35 items were cheaper at Tesco compared to competitors.
However, in some instances, he explained, the price difference was just one penny.
The Money Saving Expert went on to explain that the comparison was’t possible on 17 of the items that he’d seen prices for, due to them being Tesco own-brand.
Detailing an example of the potential discount, he explained how Heinz tomato ketchup in the 250g size usually retails for £1.20, but for Clubcard holders it is half price – making it 60p.
The cheapest elsewhere is £1 in Asda. Similarly, Nescafé Alta Rica instant coffee 100g is £5 in Tesco, or £2.50 after the Clubcard discount – the cheapest elsewhere is £2.25 in Waitrose.
In order to access the discount, members should simply shop as normal.
When it comes to paying, scan the Clubcard at the till, and the discount will be automatically applied.
Similarly, when shopping online, the discount will automatically be added while at the checkout stage.
But, Martin did warn viewers of what this could mean for Tesco shoppers.