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Loyalty cards

How many times have you been to your local supermarket and been beckoned over by a salesperson looking to sell you their in-store loyalty card? Are you like the vast majority of the UK population and walk away? Are you really missing out on any significant cost savings?

To understand the logic at work it is worth remembering that basically they are a means of attracting you back to the shop time and time again by offering new bonus points and attractive discounts and promotions. Even though there are literally hundreds if not thousands of loyalty cards in the UK they are very different with some being more successful than others. However, if you do all your food shopping at Tesco for example it may well be very beneficial to collect your Tesco points because ultimately at the end of the year they could be substantial in value and come in very useful over the Christmas period.

Loyalty cards are not a quick fix or a quick road to riches they are more of a bonus at the end of each year and can lead to substantial savings on other services and products provided by the loyalty card company. Next time you're in your local supermarket why not check out the terms and conditions and offers available for their particular loyalty card as in these times of economic hardship they could prove very beneficial.

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