

Supermarket Christmas boost
Get extra cash to spend on your shopping
Many supermarkets urge you to save for bonuses in their savings schemes year-round – though this isn't recommended as the money's not protected should the scheme go bust (though protection is on its way). Yet for many schemes, you can bag the rewards by just putting your money in them for a day – this guide shows you how to earn 2022 supermarket saving scheme rewards.
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What are supermarket savings schemes?

Supermarket savings stamp schemes encourage year-long saving for Christmas, yet it's possible to get the year's bonus in just one day.
Most supermarkets pay out the bonus based on the total amount you've saved by a specific day or month, so put the cash in just before and they'll add a small percentage on top – up to 6%.
The savings themselves come in the form of booklets or electronic cards which you can top up a little at a time. Some supermarkets only allow stamps to be redeemed at set points in the year, while others will let you spend at any time.
We've used Tesco's scheme here as an example of how it works:
With Tesco's Christmas Saver account, if you topped it up with £200 before the deadline, you'd get a £12 bonus added on top. This would come in your November Clubcard statement in two parts – a standard voucher equal to the amount you saved, plus a bonus voucher, which you could then use to pay in store or online.
Supermarket savings need-to-knows
To help you make the most of a supermarket savings scheme, it's worth getting your head around the following...
Top supermarket savings schemes for Christmas 2022
While five schemes are currently open, they aren't good places to keep your cash long-term as you don't earn interest and your savings aren't protected by the Financial Services Compensation Scheme. In contrast, standard savings accounts both pay interest and protect your money (see Top savings accounts). It's much better to save into a savings account throughout the year and then move your cash into one of the below Christmas schemes a few days before the bonus deadline.
Supermarket & key scheme info | How does it work? |
Tesco's Christmas Savers Scheme
- Max bonus £12 - Pay in by 11.59pm 19 Oct 22 - Bonus paid in Nov 22 - Bonus vouchers expire after two months |
Tesco's Christmas Saver gives tiered bonuses depending on how much you save. For example, you get a £1.50 bonus if you save £25-£49, all the way up to a £12 bonus if you save £200+. You can top up your account in store, provided you're enrolled in Tesco's Clubcard programme. Full how it works info. |
- Max bonus £15 - Pay in by 5pm 13 Nov 22 - Bonus paid 9am 14 Nov 22 - Bonus expires two years from the date of your last transaction |
Asda's Christmas Savings Card gives tiered bonuses depending on how much you save. For example, you get a £1 bonus if you save £30-£79, all the way up to a £15 bonus if you save £280+. You can get a card in-store or online, and top it up in both places too. Full how it works info. |
Sainsbury's Christmas Club Card
- Max bonus £25 - Pay in by 11.59pm 1 Nov 22 - Bonus paid by end of Nov 22 - Bonus expires on the date printed on the card, typically mid-Jan |
Sainsbury's Christmas Club Card pays a flat £2.50 bonus for every £50 saved. Save £500+ to get the maximum £25 bonus. You can activate and save onto the card at Sainsbury's in-store checkouts and self-service tills (but not online), and it can be used both in-store and online at Sainsbury's and Argos. You must register your card to manage it online. |
- Max bonus £50 - No cut-off for paying in - Bonus paid within 24 hours - Bonus never expires |
Iceland's Bonus Card gives a flat £1 bonus when you load £20 on to the card. You can get a physical card in store, or a digital card online or via its mobile app, and top it up in store and online. The scheme runs year-round, so you can save – and use your discount – at any point. You can also get 'Bonus Card prices' in store – but discounts are only available to those who pay with a Bonus Card. |
Co-op's Christmas Stamps Scheme
- No max bonus - No cut-off for paying in - Bonus paid Dec 22 - Bonus never expires, but can only be used during Dec |
Co-op's store-only savings scheme gives a £2 bonus for every £48 saved. You must collect a paper stamp book in store and complete it by buying 48 £1 stamps. Do this and you get £50 off your shopping bill – a £2 bonus for saving £48. The scheme runs year-round, so you can buy stamps at any point. |
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