Overnight an email dropped in my mailbox from Topcashback.co.uk, the cashback site. The site has been useful in earning Avios by switching them to Tesco Clubcard points and then on to Avios.
However, it appears that Tesco is ending this relationship on 31 July 2016.
If you have cashback you want to convert then you have about 8 weeks to do this. Bearing in mind that there is an annual maximum you can transfer to Tesco, it is worth checking now how close you are to it. The earning level for the direct transfer to Avios is much lower than ‘washing’ the cashback through Tesco Clubcard, which might be the reason for the end of this relationship. I will keep an eye out to see if Tesco pops up elsewhere as other cashback sites exist.
This is a real disappointment and questions the value of topcashback.co.uk, especially after the loss of Hilton as an earning partner.
This is the email: