The supermarket has explained how to secure your discount
Asda is bringing back its fuel saving offer for Rewards users – slashing the price of filling up. Customers who spend £40 or more in a single in-store transaction between September 23 and October 14 will get a 5p-per-litre fuel coupon in their Asda Rewards app, redeemable on a single fuel purchase until October 31 at participating Asda filling sites.
The offer could save driver up to £3 each time they fill up a typical 60-litre family car and is available at 262 participating Asda and Asda Express sites offering Asda-branded fuel.
Asda‘s monthly Income Tracker, which measures how much money households have left after paying taxes and essential bills, showed spending power growth slowed to 3.4% last month – the weakest level since March.
Rachel Eyre, Chief Customer Officer at Asda, said: “The weekly shop and the cost of filling up the car are two of the biggest everyday expenses for many households. Customers told us how much they valued this Rewards offer when we ran it earlier this year. We’re pleased to bring it back as part of our continued investment to help keep the cost of feeding and fuelling the family down.”
The average price of diesel looked likely to hit a record this week. The RAC has said that with diesel prices just 4p off the record of 199.09p set on June 25, 2022, a new all-time high looks set to be hit.
Simon Williams, RAC head of policy, said that the new price high looks ‘increasingly likely’. “Diesel has risen nearly 12p (11.72p) this month, with 5p being added in the last week alone”, he said. “The average price of petrol has now topped 172p (172.02p) having gone up more than 10p so far in September and 3.6p in the last week. The last time it was this high was 17 August 2022.”
The cost to fill an average-sized family car with diesel now costs £107.43, or £29 more than on February 28. Filling an average petrol-powered car now costs £94.61, or £21.55 more than at the end of February when the conflict in Iran began. It comes amid wider volatility, with global energy prices set to push inflation higher by the end of the year, according to the Bank of England’s Monetary Policy Committee.
The rate of Consumer Price Index (CPI) inflation rose to 3.1 per cent last month, largely driven by the aforementioned hike in petrol and diesel prices. Williams added: “This means the average household which buys fuel twice a month is having to find an £43 extra for petrol and £58 for diesel compared to the start of the conflict.”
