Reclaim lost Tesco points

Every £10 Clubcard voucher gets you a £30 Goldsmith voucher, so an £800 ring costs £267 in Tesco vouchers.

There is currently no minimum spend with these vouchers, though Tesco has warned this may change, so if you're saving up for something be careful and only convert when you have the full amount you need.

Rewards Brochure: Goldsmiths

Estimated Value:
(4x voucher value)

Goldsmiths is reasonably priced and competitive for branded items so depending on the item can be 4x face value of Clubcard vouchers in many cases. However you may find items cheaper elsewhere so do a price comparison (see the Megashopbot) before converting.

When we checked a high end Omega men's watch, it was priced the same at many retailers. However a cheaper ladies' Accurist watch was around £10 cheaper elsewhere. For branded items, you may find them cheaper elsewhere, but it's still a worthwhile conversion if you're spending at Goldsmiths anyway.

Reason for top pick? If you want something specifically from Goldsmiths, this is practically a cash discount. Particularly for those looking for engagement rings, this can seriously boost spending power.

Every £2.50 Clubcard voucher gets you 600 Avios Miles – the primary benefit here is to use Tesco vouchers to boost your existing miles stash, not about using it to build one.

BA miles merged with Airmiles, the new scheme is called Avios. Read the MSE News Story for more details.

Estimated Value:
Avios 3x voucher value

To buy 1,000 Avios miles direct costs £15, so 600 would cost £9. Yet 600 cost just £2.50 in Clubcard vouchers, so you get more than three times the face value. Of course, whether they’re actually worth this is another thing. But if you need a top up to get a flight, Tesco vouchers are a good way to do that.

BA Executive Club Miles 3x voucher value

Confusingly, you can also buy up to 600 British Airways Executive Club Avios miles for £2.50. Avios says its scheme will be better for irregular travellers and the BA club will be best for frequent travellers, offering benefits such as free airport lounge access. However, you can pool miles from the Avios & BA schemes, so if you change your mind later, it doesn't matter.

Plus for a massive boon, the BA Amex credit card (see Airline Credit Cards) gives a free like-for-like companion ticket if you spend over £20,000/year therefore buy points in conjunction with that and it's worth up to 8x. Again though there is the question of whether they’re actually worth the price paid – even so, using Tesco points to buy them if you’re a collector anyway is a good deal.

Reason for top pick? It's an easy way to boost Avios Miles. The return could be up to three times the face value.

£10 in Clubcard vouchers gets £30 in Eurotunnel Rewards vouchers.

Rewards Brochure: Eurotunnel

Estimated value:
(x3 voucher value)

Eurotunnel ticket prices generally start from £22 each way and are pretty standard. So unless you can grab one of its rare £22 return specials this is a good deal.

However if you're not fussy about how you get to France, it's also worth considering ferry deals which can be even cheaper.

Reason for top pick? This stacks up well in the value stakes unless you can track down a deal (see Cheap France Day Trips).

Offers vary but you get £20 Rewards or a ticket to the venue for between £2 and £11 in Clubcard vouchers.

Rewards Brochure: Days Out

Estimated value:
(x4 if no deals available)

This depends on the venue and if any other 2for1 offers are available. If there are no offers available at the time you want to go, the Rewards are worth around four times value.

For major theme parks 2for1s are often available, so it's best to use Rewards for something else. See the Days Out and Theme Parks deals.

Reason for top pick? A good way to keep the cost of family days out down but do check for other offers before converting.

Every £10 gives £40 in vouchers for restaurants including Spaghetti House, Cafe Rouge, Prezzo and Pizza Express.

Rewards Brochure: Restaurant Deals

Estimated value:
(x4 voucher value if no deals)

Many of the listed restaurants offer 2for1s (see Restaurant Deals) so if you can grab one, save your Clubcard vouchers for something else as they are only worth twice the value in reality. However, if you can't get a 2for1, Tesco rewards are four times the value, so are worth the swap.

Reason for top pick? Like days out, a good swap to boost a family meal out, but only if no other deals for that restaurant are available.