If you have a Clubcard, you earn one point for each pound spent at Tesco. Points are then issued as vouchers – you receive them every three months as part of your Clubcard statement, or can request to have them added to your account instantly through the ‘Faster Vouchers’ scheme.
However, crucially vouchers are only valid for two years after they’re issued (21 months if issued as Faster Vouchers).
And while vouchers regularly expire, this is the first time Tesco has put a value on those that are set to lose their validity. It says some £17 million worth of vouchers are set to run out on Saturday 29 February, and while it can’t tell us exactly how many Clubcard-holders have affected vouchers, it’s likely to be a huge number. So check now if you’ve some that are unspent.
See our Reclaim & Boost Tesco Vouchers guide for more on how to get the most from the scheme.