How Supermarket Loyalty Schemes Help You Save Money
Consumer champions have recently revealed the most economical supermarkets in the UK, with Aldi taking the lead over Lidl as the cheapest option in August, according to Which? research. The comparison involved analyzing the average prices of a basket of 62 popular groceries across eight major supermarkets. Here’s a breakdown of how much you can save with Tesco, Lidl, and Sainsbury’s loyalty schemes:
- Aldi: £110.58
- Lidl (with Lidl Plus): £111.88
- Lidl (without Lidl Plus): £112.17
- Asda: £121.85
- Tesco (with Clubcard): £123.13
- Tesco (without Clubcard): £123.62
- Sainsbury’s (with Nectar): £123.75
- Sainsbury’s (without Nectar): £129.63
- Morrisons: £129.79
- Ocado: £133.99
- Waitrose: £140.89
The analysis considered a mix of branded and own-brand items like Heinz baked beans, Hovis bread, milk, and butter, excluding multibuy and special offer prices. Tesco Clubcard holders paid £123.13, just 49 pence less than non-Clubcard shoppers, showcasing modest savings. Sainsbury’s Nectar cardholders spent £123.75 compared to £129.63 for non-Nectar cardholders. Even though Morrisons and Waitrose offer two-tier pricing, their schemes are limited in scope, offering no savings on items this month.
Switching supermarkets could potentially save shoppers 22%, emphasizing the benefits of exploring different options to cut down on grocery expenses. Ele Clark, Senior Which? Money and Shopping Editor, highlighted the significance of discounters in alleviating the burden of high food costs. The analysis underlines the importance of shopping smart to stretch your budget further. Remember, subtle changes in where you shop can lead to significant savings in the long run.