With the Clubcard, you will receive 1 point for every RM2 spent, each point is equivalent to value of RM 0.01. So the actual rebate you will get is 0.5%. Once you have accumulated 150 or more Clubcard Points, they will be converted into Clubcard Cash Vouchers.
Every quarter, Tesco will post out Clubcard Statement, Product Coupons and Clubcard Cash Vouchers after you have collected a minimum of 150 Clubcard Points within each collection period. Clubcard Cash Vouchers are cash rewards that you can use to pay at the counter while Product Coupons are extra discounts to help you save more for shopping in Tesco, eg. you can save RM 0.50 when you buy 1 loaf of bread in Tesco.
Nowadays, you can even get IT gadgets, smartphones, computers, electrical appliances with low prices and zero percent installment. For certain promotional items, you can get 2X Clubcard Points in addition to the discounts. I like to shop in Tesco because on weekends I can enjoy 8% cash rebate by using Maybankard 2 AMEX and on weekdays I can enjoy 5.5% cash rebate by using OCBC Titanium Card.
If you are not still not a Clubcard member, hurry up to your nearby Tesco to sign up Clubcard for free. Then you can start using your Clubcard immediately to begin collecting your Clubcard Points!
Something to add about Product Coupons. The product coupons issued to each Clubcard member is not random but according to the purchasing pattern by each Clubcard member. Eg if you always buy bread in Tesco, may be you can get Product Coupon for Massimo bread, Chiffon cake and so on. Sometimes Clubcard member also will receive special issuance of Product Coupons for certain products under a same company. Clubcard Vouchers are valid for 2 years and the Product Coupons are valid for 8 weeks. The expiry date will be clearly marked on them.
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