Maximizing Loyalty Cards: Are They Really Worth It?

Loyalty cards have become a ubiquitous part of our shopping habits, but do they really offer value? In this week’s Money Mentor episode, David Braithwaite explores the world of loyalty programs and whether they truly reward loyal shoppers. While some loyalty schemes offer genuine savings, David explains that the rewards often come with a catch. The psychology behind loyalty cards can sometimes encourage you to spend more than you need just to collect points, which can lead to overspending.

Listen here

David offers practical tips on how to maximize the benefits of loyalty cards. If you’re already a regular shopper, loyalty cards can help you save money, but it’s important to use them wisely. For example, consider using cashback cards to make purchases and earn rewards, or look out for dual pricing that offers lower prices for cardholders. Plus, David suggests supporting local businesses with town-specific loyalty cards that can benefit your community while saving you money.

You can here more from BBC Radio Kent on the BBC Sounds

Thank You for the Overwhelming Response to Our Inheritance Tax Trap Event

We’ve been absolutely delighted by the response to our upcoming Inheritance Tax Trap event. Within just a short time, we reached full capacity of 100...

Why inertia is costing us more than we think

In uncertain times, it’s tempting to delay financial decisions. But with inflation rising again, the UK facing its highest tax burden in decades, and...

Protecting Yourself Against Online Payroll Fraud

Online fraud is becoming increasingly sophisticated, and a recent attempt targeting Citrus Financial shows just how convincing these scams can be...

Stay in the loop

SUBSCRIBE TO OUR MONTHLY NEWSLETTER