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Thread: Tesco and BA
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Old Nov 16, 2010 | 8:18 am
  #1607  
kryten22uk
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Join Date: Jul 2005
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Originally Posted by Raffles
Without wishing to state the obvious, you should think carefully before converting vouchers to BA Miles this quarter.

As the devaluation of Clubcard Deals has not yet happened, unlike the BA Miles devaluation, the current maths means 1000 CC points = 2,000 BA miles or £40 of Deals vouchers. This values a BA Mile at 2p, which is clearly far too high.

Admittedly, some of the Deals are not really worth 4x face value due to the T&C's attached, which block you combining them with other offers, but there is some good value out there. The last date for converting at the 4x rate is December 6th I think.
In addition, even if any of the Deals dont float your boat, the wider use of the "Big Exchange" still means that those £10 tesco vouchers are actually worth £20. Which means that exchanging Tesco for BA is no longer the obvious choice it once was.
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