Although it's still cheaper to buy a three year Railcard with card given there are other (better) Clubcard offers.
True, but none of the other offers appeal to me , I wanted to get a 3 year Railcard with the vouchers but they are not available.
I used to "cash them in" with Red Spotted Hankie when £10 in vouchers got you £30 worth of tickets, now that's down to £20.