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ActiveKids?
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thelawnet
Posts: 2,584 Forumite
Anybody interested in this scheme (from Sainsburys)?
While it is free money for those registered, it seems like there are some rip-offs and traps along the way.
The biggest one I noticed was that they will swap 500 Nectar points, worth £2.50, for 50 Active Kids vouchers, valuing them at 5p each, and yet the values seem more like 1-2p/voucher. Presumably they then put this down on their balance sheet as a charitable donation, having written off the Nectar points (nominally 0.0001p/each, but basically as good as cash).
Anyone interested in, or has done, an analysis of the Active Kids scheme values?
While it is free money for those registered, it seems like there are some rip-offs and traps along the way.
The biggest one I noticed was that they will swap 500 Nectar points, worth £2.50, for 50 Active Kids vouchers, valuing them at 5p each, and yet the values seem more like 1-2p/voucher. Presumably they then put this down on their balance sheet as a charitable donation, having written off the Nectar points (nominally 0.0001p/each, but basically as good as cash).
Anyone interested in, or has done, an analysis of the Active Kids scheme values?
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