Everyone with a Tesco Clubcard issued £534 warning

Tesco Clubcard users could be £534 worse off a year, new research shows. While Tesco continues to offer sizeable discounts through its 'Clubcard prices', a new report from consumer magazine Which? shows that even with these discounts, shoppers at Tesco are paying £534 more per year compared to those who shop at Aldi.

In September’s supermarket comparison, Which? found Aldi to be the cheapest, with an average basket of 59 popular groceries costing £102.68.

Lidl was the second most affordable, just £1.18 more than Aldi, followed by Asda at £112.19.

Tesco, with Clubcard prices included, averaged £112.96. This translates to a weekly cost of £10.28 more at Tesco, resulting in an annual difference of £534.56.

Sainsbury's, even with a Nectar card, was more expensive than Tesco, Asda, Aldi, or Lidl, with an average cost of £113.79.

However, Tesco without a Clubcard was still cheaper than Morrisons, which charged £113.35 on average just 39p more than Tesco with a Clubcard and over £10 more than Aldi.

Waitrose was the priciest of all supermarkets, with an average basket of 59 items costing £130.37, nearly 27 percent more than Aldi.

Food price inflation edged up slightly to 2.3 percent in September, rising from two percent in August, according to the British Retail Consortium (BRC).

Packaged food prices saw a sharper increase at 3.3 percent, while fresh food inflation rose to 1.5 percent. The BRC attributed the rise to poor global harvests, which have pushed up the prices of cooking oils and sugary products.

Meanwhile, the Which? supermarket inflation tracker reported last month that chocolate experienced the steepest price hike among 20 food and drink categories, surging by 11 percent in the month leading up to August 2024, followed by vegetables at five percent.

However, butter, spreads, milk, and cheese are now cheaper compared to a year ago.