Reclaim Tesco vouchers Get back lost vouchers, then boost to max value

Get £20 Rewards, or a ticket to the venue from £3 in Clubcard vouchers.

Rewards brochure: Days Out*
Estimated value: Up to 4x if no alternative vouchers or deals are 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, Rewards are worth up to about 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 pages.

Reason for being a top pick? It's a good way to cut the cost of family days out, but check for other offers before converting.

Every £5 gives £20 in vouchers for restaurants, including Spaghetti House, Cafe Rouge, Prezzo and Strada.

Rewards brochure: Restaurant Deals*
Estimated value: 4x voucher value if no deals

Some of the listed restaurants offer 2for1 vouchers (see Cheap Restaurant Deals). If you can grab one, save your Clubcard vouchers for something else as this means they're only worth twice the value in reality. If you can't get a 2for1, Tesco Rewards are four times the value, so are worth the swap.

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

Every £10 Clubcard voucher gets you a £30 Goldsmiths voucher, so a £600 ring costs £200 in Tesco vouchers. There is no minimum spend with these vouchers at the time of writing, though Tesco has warned this may change, so check before you buy.

If you're saving up for something, be careful. Only convert when you have the full amount you need, and use vouchers quickly. Though it's a big company, if it went bust you'd probably lose the cash, so ensure you minimise the time between buying and redemption. See the Beware buying vouchers MSE News story.

Rewards brochure: Goldsmiths*
Estimated value: Up to 3x voucher value

Goldsmiths is generally reasonably-priced and competitive for branded items. Depending on the item, it can be 3x face value of Clubcard vouchers in many cases. But you may find cheaper elsewhere, so do a price comparison (see the MegaShopBot) before converting.

When we checked a high end Omega ladies' watch, it was priced similarly online. But a cheaper mens' Accurist watch was about £20 less elsewhere. You may find branded items cheaper elsewhere, but it's still worthwhile if you're spending at Goldsmiths anyway.

Reason for being a 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. It was even better in the past, as you got four times the value, but currently it's only three.

Convert Clubcard vouchers into Avios points and £2.50 becomes 600 points, so £37.50 buys a Eurostar return to Paris. For 30 more ways to max your Avios points, see the full Boost Avios Points guide.

You have to pay taxes and charges

Unlike the old Air Miles system, Avios charges passengers taxes and fees on flights, usually up to about £90 for European return flights. Yet under its Reward Saver scheme, you pay a fixed £30 fee on BA and Iberia economy flights in zones 1-3 (mainly Europe, see map for full list), if you've earned at least one Avios point in the year before you book.

You don't pay taxes on Eurostar trips, which makes them an excellent-value exchange.

Estimated value:
Avios* 2.5x voucher value

1,000 Avios are typically worth £8-£10 (though up to £20 if you spend them on business-class). So £12.50 in Clubcard vouchers normally buys £30-ish Avios points.

BA Executive Club Points* 2.5x voucher value

Avios says the main Avios scheme's better for irregular travellers and BA Exec's best for frequent flyers, offering benefits such as free airport lounge access. However, you can pool Avios and BA Exec points, so if you change your mind later, it doesn't matter.

Reason for being a top pick? It's an easy way to boost Avios points. The return's typically 2.5X value, but much more if you redeem during an extra Avios promo period and spend Avios in the right way. See the Boost Avios Points guide.

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

Rewards brochure: Eurotunnel*
Estimated value: 3x voucher value

Eurotunnel ticket prices generally start from £23 each way and are pretty standard. So unless you can grab one of its rare cheap return specials, this is a good deal.

If you aren't fussy about how you get to France, it's also worth considering ferry deals. These can be even cheaper.

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

A standard Merlin Annual Pass costs £50 in Clubcard vouchers. It's a big saving as it's usually £159 at full price (£143 online) - this deal makes it less than a third of that.

Passes are valid for unlimited entry for one person to Merlin attractions (which include Alton Towers, Legoland and Chessington) for 12 months.

Estimated value: 3x voucher value

The pass usually costs £159 at full price (it's cheaper online), so at £50 in Clubcard points, it's worth just over three times face value. See the Merlin Pass* offer.

Reason for being a top pick? This is super-popular with thrill-seeking forumites. But if you're only going to make the odd visit, stick to 2for1 Theme Park Deals.