Martin Lewis says Tesco Clubcard scheme offering people free money for Christmas

Martin Lewis has revealed the simple way Tesco customers could save money on their Christmas shopping this year – by offering free money.

The supermarket currently has a Clubcard Saver scheme, which is completely free, that offers savings on future shopping.

Speaking on his ITV show, The Martin Lewis Money Show, he urged shoppers to sign up before the scheme ends on October 20.

“A trick for you…how to get a 6% boost on your Tesco Christmas shopping,” explained.

“Here’s how it works – they have a Christmas savings scheme and they want you to save all year round and you can only spend on it in Tesco.

“But you don’t need to – as long as you’ve got money in by next Tuesday, they will give you a 6% boost in November.

“So if you know what you’re going to spend in Tesco in the coming months, well, go and put your money in now and you get 6% on top.”

If a customer were to pop £200 in the account, they would receive a completely free £12 to spend on their shop.

Martin added: “There are similar schemes at Asda, Co-op, Iceland and Morrisons but this is the one that’s got the deadline now.”

On their website, Tesco outlines how much of a bonus you can get with the money you have in your account.

For those with £25-£49 of savings, you can receive £1.50, if you have £50-£99 you get £3. Next, if you save £100-£199 you receive £6 free and then the top range of £200-£360 gets you £12 free.

To make use of the deal, all you need to do is sign up for a Clubcard account and opt into the Christmas Saver scheme.

That’s found on the “Voucher scheme” page on the website.

Tesco explains: “Use your vouchers to save on your shopping with us or make even bigger savings with hundreds of our Reward Partners.

“Carry on collecting points as you spend as normal. We’ll keep your Clubcard vouchers until November 2020, but you will continue receiving statements throughout the year so you can keep track of your savings.

“If you want to save more, simply head in-store and top up your Christmas Saver account with your own money at the checkout or customer service desk, from as little as £1.

“You’ll earn a bonus voucher once you’ve topped up a minimum of £23, making your Christmas savings go even further.”

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