Extended Warranty or Clubcard points?!

Walshy

I'm moving out of my parents house shortly and into my own place - at last!

I'm going to be buying things like a fridge and washing machine on one of my credit cards (which I'll pay off in full at the end of the month). I normally put all my purchases on my old-style Tesco Mastercard for the clubcard points, but I'm considering buying these items with my Nationwide card for the extended warranty and no points.

What would you do?

jonesMUFCforever

Personally if the warranty is up to scratch (check t&c before buying) then this will be worth more than clubcard points.

humfer

Haven't you got a Tesco clubcard as well? You could use this to get your normal clubcard points, and use the Nationwide credit card to pay for the items.

Even taking this out of the equation, if your buying a fridge for £200, then I would go for extended warranty rather than the £2 of clubcard points your gain

Paul_Herring

Aren't "extended warranties" just a waste of money? Saturday Guardian's Money section has been going on recently about how most products should be covered by the manufacturer for 6 years.... I'll see if I can find some links...

Paul_Herring

Found one: http://money.guardian.co.uk/weekly/story/0,,1858222,00.html

Guardian wrote:

The facts that could guarantee a response

I read with interest your correspondence over whether a reader's broken dishwasher should be repaired for free by John Lewis once it is out of warranty. The question is not what guarantee attaches to the goods.

The question of guarantee extensions by a supplier is irrelevant. What does matter, is the Sale of Goods Act 1979, The Supply of Goods and Services Act 1982, The Sale and Supply of Goods Act 1994 and The Sale and Supply of Goods to Consumers Regulations 2002. I refer you to the DTI fact sheet reference URN No: 05/1730, (see www.dti.gov.uk/consumers/Fact%20Sheets/page24700.html) which clearly sets out what should be expected when one purchases an item. To paraphrase, they "must be fit for the purpose" and "of satisfactory quality ie not inherently faulty at time of sale".

The above Acts have a time limit, and I quote from the above document: "For up to six years after purchase (five years from discovery in Scotland) purchasers can demand damages (which a court would equate to the cost of a repair or replacement)". Perishable goods do not come within the above time limit. The onus is on the seller and not the manufacturer "who is responsible if goods do not conform to contract".
Personally, I would not purchase an extended guarantee. I rely on the protection provided by the above acts.

nomoneytoday

I would go for the warranty solely for piece of mind.

If a £200 fridge goes wrong the bill will be more than £2 (£8 in deals).
Having said that it isn't likely to go wrong...

Walshy

Thanks for all your replies.

The extended warranty I'm taking about is the one that comes free with the Nationwide Credit Card. Its one year's further warranty after the initial manufacturers warranty has expired.

I think for peace of mind it makes sense to do this. I can put all my non-electrical purchases on my Tesco card to get the points!

PosterBoy77

Just in case you are interested, I have a couple of high spec recently purchased washing machines and fridges which I am looking to sell, as I no longer need them for the BTL property I sold. If you are in the South East let me know - they will be alot cheaper than buying new!