Earn 7,200 Avios for £30 with Tesco Life Insurance

There is an offer running at the moment with Tesco Life Insurance whereby you receive 3,000 Tesco Clubcard points for taking out a new policy before 15th August.  This is worth 7,200 Avios or 7,500 Virgin Flying Club miles.

If you are taking part in the ‘bonus Avios for collecting with new partners’ promo, this could be even more valuable.  You could convert your vouchers into numerous different BA or avios.com accounts and get 2,000 bonus Avios on each as long as the accounts are all active (ie have collected 1 mile in the past) and have not collected from Tesco in the year to November 2011.

The cheapest life insurance policy you can get (if you are under, I think, 55) will be £5 per month.  When you get a quote, put in a low level of cover and a low contract term (say, £30,000 and 2 years) and you should get a £5 premium.  The T&C’s say you must keep up your policy for 6 months or else risk forfeiting the bonus, so you will be spending £50 for the 7,200 Avios.

This is not a bad deal, and could be even better if you keep the vouchers in a drawer and wait for a potential Tesco to Avios conversion bonus.  You can cancel easily by cancelling your direct debit with your bank – you will receive a couple of letters from Friends Provident warning you that your cover will lapse, but you can ignore these.

Last time this promo ran (last Autumn, which is when I did it), you only had to keep the insurance for 3 months, not 6, which was a real no-brainer.  This is not as good, but may be worthwhile for some.  Do not apply if you are in bad health, though, as you are likely to be asked to attend a medical before cover will be granted.

How to earn Avios from UK credit cards (December 2021)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Run your own business?

We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios:

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus:

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

(Want to earn more Avios?  Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)