Tesco Clubcard Pay+ now available to all Clubcard members
Tesco is offering a new payment method to its 20 million Clubcard members.
They can now apply online following a phased Tesco Clubcard Pay+ launch which began in March 2021 with a limited number of customers and Tesco colleagues.
Shoppers can use a new debit card to pay, save and earn Clubcard points. Tesco is offering double Clubcard points for the first three months to pull people in.
Customers will be able to pay the retailer with the card or use it via Apple Pay or Tesco’s own digital wallet.
They can also add money and ringfence their grocery spend from any UK bank account into their Tesco Clubcard Pay+ account, using the Tesco Bank mobile banking app.
Tesco Clubcard Pay+ also enables people to round up their purchases to the nearest pound, saving the difference into a Round Up account.
Tesco Bank says that it plans to introduce additional features which will help families to budget and save, whilst being rewarded for their spending.
Almost 45,000 accounts have been opened by shoppers since an initial launch in March 2021.
Over £24 million has been spent on 1.2 million transactions using Clubcard Pay+ at Tesco and other retailers.
Customers have so far collectively saved over £213,000 into their Round Up savings accounts, and Tesco Clubcard Pay+ has been used to pick up over 5.25 million Clubcard points nationwide.
Gerry Mallon, Chief Executive, Tesco Bank, says: “Tesco Bank has designed a smarter way for Tesco’s 20 million Clubcard members to shop.”
“Tesco Clubcard Pay+ is a clear demonstration of Tesco Bank’s strategy to focus on products which closely align to the needs of Tesco shoppers. We’re very encouraged to see Tesco Clubcard Pay+ help give shoppers the confidence to start saving while managing their budget and picking up extra Clubcard points wherever they shop.”
Alessandra Bellini, Chief Customer Officer, Tesco, comments: “Tesco Clubcard Pay+ combines a new method of payment with all the value of Clubcard membership and a range of additional features.”
“It enables households across the UK to feel more in control of their finances and their grocery budget. It also gives families and shoppers the power to make their money go further through Clubcard points and saving while they shop.”
