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KRPS rewards

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KRPS has launched a reward scheme. [Kent Reliance Provident Society Limited] for kent Reliance B Soc savers/ borrowers.
http://www.krpsrewards.com/

I’ve signed up and am not impressed. No better than what’s already out there via TCB, this forum, etc. And they ask for money to gain some benefits.

However, it may be worth it if you dig around enough to find a bargain - I just did not see one- so here's a heads up.

Comments

  • Blackdog
    Blackdog Posts: 459 Forumite
    I agree this is a rubbish offer from KRBS. You are much netter off going through Topcashback or other cash back sites. There seems to be a growing trade in companies offering this sort of discount service but what they don't tell you is how much commission they get paid for referring you on. I know some of these sites offer 5% or more off shopping vouchers but by the time you have paid postage and risked them getting lost in the post I am not convinced it is worth it.
  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Blackdog wrote: »
    I agree this is a rubbish offer from KRBS. You are much netter off going through Topcashback or other cash back sites. There seems to be a growing trade in companies offering this sort of discount service but what they don't tell you is how much commission they get paid for referring you on. I know some of these sites offer 5% or more off shopping vouchers but by the time you have paid postage and risked them getting lost in the post I am not convinced it is worth it.
    I'd been looking for somewhere to get vouchers at a discount for years since MBNA stopped their deal. So I was really pleased to be offered the krps rewards deal.

    Vouchers are post free and insured.

    Say that you spend £100 a week shopping at Morrisons (or Asda) x 4% discount = over £200 saved a year, compared to £75 upgrade cost.

    That's before you pay for all my petrol/diesel at Morrisons (or Asda) (4% off vouchers), or buy your new bathroom at B&Q (9% off vouchers), or buy some electricals at Comet (9% off vouchers), or get some furniture from IKEA (6% off vouchers).

    Can you really get that sort of level of discount elsewhere?

    If you can, I can't find out how.
  • CEO appears to be leaving(see todays press notices on Google) and 2nd in command holding fort for a while. Seems like quite a good discount scheme was being offered to get that kind of bargain! If you think the vouchers are worth it I should use them quickly.
  • robmar0se
    robmar0se Posts: 1,328 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Message to KRPS: rather than branch out on this rather strange tangent, I would expect KRPS to concentarte on what they used to do best.

    I am rather fearful, that the change in corporate structure is not in the long term interest of thier ex-members, now customers.

    No not impressed.
This discussion has been closed.
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