The money is waiting to claimed but many don't know it's there it how to get it
Shoppers could be missing out on £182-a-year by failing to use loyalty, reward or cashback schemes. A study, of 2,000 adults, found 85 per cent take advantage of cashback deals and loyalty programmes, banking an average of £15-a-month in savings.
And 85 per cent believe it is more important than ever to make their spending work harder for them - with 30 per cent signing up to more memberships since the rising cost of living challenges. However, 13 per cent of those polled have been using such loyalty schemes for at least 20 years. “In a world where every penny counts, these reward programmes empower people to make the most out of their purchases, whether treating themselves or helping the everyday budget stretch further, ensuring their loyalty is not just appreciated but also rewarded.”
However, 13 per cent often forget to redeem them at all and seven per cent don’t even know how to. But 52 per cent have signed up to at least one new loyalty programme in the last 12 months, with the average spender being a member of five.
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