Caution when exchanging TopCashBack credits for Avios
I use the TopCashBack site fairly often. (This is my affiliate link – here).
They have offered an option to transfer a set amount each year to Tesco Clubcard points. I’ve noticed today that they allow you to also do a direct exchange to Avios or BA Executive Club Avios. But this new option needs to be treated with caution.
As you can see, for my £10 credit I can have 1050 Avios/BA Avios or 1050 Tesco Clubcard Points.
Tesco Clubcard points convert from 250 points to a £2.50 voucher. This in turn can be exchanged to 600 Avios. (Some long standing members, like me, get 800 Avios).
So the 1050 Tesco Clubcard points, turn in to 4 * 600 Avios or 2400. If I had taken the direct conversion it would only have been 1050 Avios. Well worth laundering them through Tesco if you ask me.
If you’ve used up the annual Tesco transfer allowance with Topcashback, do you think this option is worth using?
@Tim – Can you wait until you get your next years allowance. Otherwise I might just take the case. The difference in rate is huge in my view.