This Friday will see Tesco launching its new Clubcard Plus - a monthly subscription loyalty scheme which promises shoppers some huge savings.
Those who opt to pay £7.99 per month (or £96 a year) for the new Clubcard will receive benefits such as ten per cent off two big shops every month, double data on Tesco Mobile and ten per cent off brands in-store.
Tesco has confirmed that the normal suscription-free Clubcard will remain, though shoppers will not receive the benefits they'd get witch Clubcard Plus.
So is it worth paying the subscription fee, or is it more economical to stick with the bog-standard plan?
Speaking on Good Morning Britain, Martin Lewis discussed the pros and cons of the new Clubcard Plus.
"Tesco’s launching a new Clubcard Plus subscription service on 8 November, which gives perks like discounted shopping for a monthly fee of £7.99," he said.
"You’d also get the usual benefits of the Clubcard scheme, which won’t be changing – so you can still earn points on spending and boost them to triple their value."
Martin continued: "For most people the big benefit is the 10 percent off two shops. If you spend £80 plus over two shops every month in Tesco stores it is worth it, as your gain is the same or more than the fee – if you max it out you’ll be £32 a month up.
"Tesco has learnt from Amazon Prime that when people pay for a subscription they’re more loyal, so bizarrely it will tend to get the benefit of the subscription fee and more sticky shoppers by doing this."
