How much are Morrisons More points worth? Not a lot per point, as it turns out. 5,000 points converts into a £5 Fiver, which makes each point worth a tenth of a penny.
If you have ever stared at a points balance in the app and wondered whether it is a fortune or a rounding error, it is closer to the second one. The detail matters though, because there are a few rules about when you can actually spend them.
How Much Are Morrisons More Points Worth?
Morrisons says you need 5,000 More Points to earn a £5 voucher, which it calls a Fiver. That works out at 1,000 points for £1, or 100 points for 10p. The table below shows what common balances are worth on paper, and whether you can actually spend them yet.
| Your points | Worth | Can you spend it? |
|---|---|---|
| 100 | 10p | No, below the minimum |
| 1,000 | £1 | No, below the minimum |
| 2,500 | £2.50 | No, below the minimum |
| 5,000 | £5 | Yes, one Fiver |
| 10,000 | £10 | Yes, two Fivers |
| 12,000 | £12 | £10 now, the last 2,000 points wait |
The minimum is 5,000 points per Fiver, and redemptions happen in £5 steps. So a balance of 4,900 points is worth £4.90 in theory and nothing at all in practice. That is the part nobody mentions when they quote you the headline rate. So when you see a Morrisons More points worth figure quoted in pounds, check whether you can actually spend it yet.
How Many Points Do You Actually Earn?
You earn 5 More Points on every product you buy when you scan your card, whether that is in store, online or through Groceries on Amazon. It is per product rather than per pound, so a tin of beans and a bottle of wine earn exactly the same. Some products are excluded, so it is worth checking the terms if you buy something unusual.
Here is my own back of the envelope example. Say you buy 40 products in a weekly shop. That is 200 points, or 20p, which is all the Morrisons More points worth you collect in a typical week. If the shop cost £100, you have earned 0.2% back, and at that pace your first Fiver takes about 25 weeks.
Over a full year, that same shop gets you to roughly 10,400 points, which is two Fivers with a few points to spare. I am not going to pretend that is life changing. It is a pint, give or take, spread across 52 supermarket trips.
Morrisons has just refreshed the app so that six personalised offers a week can add percentage discounts or extra points. That could speed things up a bit if the offers happen to match what you buy. I would treat it as a bonus rather than a reason to change where you shop.
What’s the Catch?
The main catch is expiry, and there are two clocks running. Points expire 12 months after you earn them if you have not converted them into Fivers. If your card goes unused for more than 52 weeks, Morrisons says all the points on the account are removed.
Then the Fivers themselves have a shelf life. A printed Fiver is valid for 12 months from the date it was printed. A digital Fiver loaded to your card, or an online code, lasts only 3 months, which is shorter than most people assume. I would not leave one sitting in the app like a forgotten gift card.
How Do You Turn Points Into Fivers?
If you use the app, open the Fivers tab, choose how many points to convert, and pick whether you want to use the Fiver in store or online. You then confirm with a passcode sent to your email. It takes a minute, and it is easy to forget until the expiry reminder lands.
If you do not use the app, it is even simpler. Once you reach 5,000 points, a £5 voucher prints automatically at the till after a shop. You take it home, and then you have to remember to use it within 12 months.
Are Morrisons More Points Worth Collecting?
Only if you shop at Morrisons anyway. At a tenth of a penny a point, the points will never justify choosing Morrisons over somewhere cheaper. Morrisons More points worth a tenth of a penny each make a nice bonus, not a strategy. What they do is turn your usual shop into a small, occasional discount that costs you nothing but a scan.
If you are already carrying the card, convert your points before they expire and spend the Fiver quickly. If you are not, the better savings are elsewhere, and I have run the numbers on the Morrisons More Card as a whole if you want the wider picture. For how it stacks up against the other big schemes, my guide to supermarket loyalty cards covers them side by side, and I have a separate look at Sainsbury’s Nectar. Cashback is a different kettle of fish, which is why I also wrote up Quidco.
You can see Morrisons’ own rules on the More Points and Fivers help page.
Five points for a tin of beans. Don’t spend it all at once.
Do you convert your points as soon as you hit 5,000, or let them sit in the app until they quietly expire?