Cheap petrol and diesel is something we’d all like. Well the Tesco Fuel Save scheme (whether you usually shop at Tesco’s or not) is a fuel deal not to miss!
Do you shop in Tesco’s or would you consider switching to save money if you could get cheaper petrol and diesel?
Running through until 31 May 2015, every time you spend £50 with Tesco, you can claim 2p off every litre of fuel you buy at a Tesco pump.
Unlike other schemes, Tesco Fuel Save makes it easier to qualify for the cheaper fuel.
With most schemes similar to Tesco Fuel Save you need to spend a minimum amount in one go to qualify for the fuel discount – not with Tesco though.
Although you need to spend £50 for the 2p per litre fuel saving, this can be done by totalling up different shopping trips throughout the month.
You could spend £5 at lunch, pop back later and spend £20 on some bits for dinner for the next few days and then head back a week later to spend another £25. Even if you only spend a small amount each time you visit Tesco’s, each time you reach the £50 spend you’ll qualify for 2p off your petrol or diesel.
Basically, each spend you do accumulates to the £50 spend and each £50 thereafter in a month gives you another 2p per litre of fuel saving up to a maximum of 20p per litre throughout the month.
How to take part in Tesco Fuel Save?
It’s an easy scheme to take part in and there is no filling in forms, or remembering to hold onto vouchers. All you need is your Tesco Clubcard. You must remember your Clubcard though as the points cannot be credited at a later date.
Shop in store, whether that’s a Tesco Extra, Superstore, Metro, Express, or do your grocery shopping online.
Scan your Clubcard and get the Fuel Save points added to your Clubcard, along with your regular Clubcard points.
Spend what you’ve saved with Fuel Save the next time you buy petrol or diesel at a Tesco filling station (whether you pay at the pump or at the kiosk, but not at Esso Express stations), using your Clubcard to redeem your points.
You can choose to spend your savings straight away or you can save them up to earn a bigger discounts (it really depends on how much you plan to spend in Tesco over the course of a month).
How much savings can I make?
Every £50 = 2p off a litre
The average supermarket spend in the UK is £323 per month (Kantar, July 2013). If that’s how much you spend, it would mean that you earn 2p for every £50 you spend, therefore earning you 12p off every litre of fuel (6 £50 spends x 2p).
If you fill up 50 litres of fuel per month and spend £323 on groceries you would see savings of £6 per month. But if you fill up 100 litres per month, you’d have savings of £12 per month.
Save up to 20p a litre
The maximum you could save is 20p per litre in a single transaction. That would be a spend on groceries of £500 per month. If you fill up your vehicle with 100 litres of fuel per month, the total savings you could achieve in any month on fuel is £20 – every penny helps and all that!
If you spend more than £500 per month on groceries, you can continue to tot up the 2p per £50 with Fuel Save but the maximum you can use for savings in one transaction is 20p per litre.
Do the Fuel Save points expire?
Unfortunately yes! You have to remember to use the Tesco Fuel Save points before the end of the following month or they will expire.
The savings add up over the course of a month and they can be used straight away, or you can save them up to get a bigger overall saving (I suppose it depends how much you spend and how often you top up).
At the end of the month, a new Fuel Save balance will start and you will lose the savings you haven’t redeemed.
The Tesco Fuel Save scheme itself runs through until 31 May 2015 but any points you earn in May 2015 will be able to be redeemed until 30th June 2015.
What items qualify for Fuel Save?
Most grocery items purchased in store and online at Tesco do qualify towards the Fuel Save but there are a few items that don’t count.
Qualifying spend excludes purchases of Infant milk formulae, tobacco products, fuel, prescription medicines, stamps, saving stamps, lottery, cafe, E-Top-up, money, insurance, Tesco gift cards, Paypoint and purchases from in-store concessions (including, but not limited to, Costa, Harris & Hoole, Giraffe).
For online spends, including the above items at tesco.com/groceries, purchases made on Tesco websites (including, but not limited to, Tesco Direct, both home delivered and collected in-store via Click & Collect, Wine by the Case, Clothing and Blinkbox) are excluded.
Where can I buy fuel?
Tesco has 500 petrol stations in the UK and around 60% of the population live within 10 minutes of one. Find out where you nearest Tesco filling station is here.
Where can I find cheaper fuel?
If you don’t have a Tesco filling station near you you may be able to find cheaper petrol using petrolprices.com.
Prices vary from region to region because of competition in the area but you aren’t likely to find it cheaper by the 20p per litre that Tesco Fuel Save could give you.
Penny for your thoughts: Have you managed to make some savings using Tesco Fuel Save?