Published On: Fri, Oct 28th, 2022

Supermarket Christmas savings schemes at Sainsbury’s, Morrisons, Asda, Iceland and Coop | Personal Finance | Finance


The maximum bonus is £15, and this is applied to savings of over £280 in the account. A breakdown of the complete tiered bonus rewards includes:

  • £1 bonus added to savings between £30 and £79
  • £3 bonus added to savings between £80 and £129
  • £6 bonus added to savings between £130 and £179
  • £9 bonus added to savings between £180 and £229
  • £12 bonus added to savings between £230 and £279
  • £15 bonus added to savings of £280 and more

For this year, the bonus cut-off date is 5pm on November 13, 2022. According to Asda, the bonus will be applied by 9am on November 14.

The bonus expires two years from the date of the person’s last transaction.

Morrisons

With the Morrisons’ Christmas Savings scheme, customers can receive a maximum bonus of £6.

Savers can get a bonus from £1 for saving £49, up to a maximum of £6 for saving £194. The scheme is now completely digital – but the older, paper stamps can still be converted in-store.

The bonus for this scheme is calculated and totalled at midnight on October 30, so savers interested in this deal will have to act fast to redeem the rewards.

The bonus should land in the account by November 6, however, it’ll expire on December 31, 2022.

Co-op

The Co-op’s store-only savings stamps scheme awards customers with a £2 bonus for every £48 saved.

Customers need to pick up a stamp book from their local store, which they’ll need to fill up to get the bonus.

Every stamp costs £1 and a total of 48 are needed to complete the book. This means customers will spend £48 in total, which can then be used for a future shop.



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