Tesco Goldsmiths Exchange

[Deleted User]

Hi guys,

I have a fairly healthy CC balance and I've been thinking that I may exchange them to buy a watch at Goldsmiths - I might hold out to see if a 4X exchange appears.

Anyway, I've heard that if you try to exchange a large quantity of CC vouchers for a Goldsmiths token, Tesco will perform 'extra security checks' before issuing the voucher.

Now, as far as I'm concerned, I've earned all of my CC points fair and square. I've taken advantage of various bonus points offers such as pre-ordering computer games for 1000 extra points (and then not bought the game) and buying VISA gift cards to benefit from the £50/150 point bonus, but I have always been within the T&C of the clubcard program.

So, my question is, are Tesco likely to audit my account if I exchange say £700 of CC vouchers for £2100 in Goldsmiths tokens? And if they do, are they going to try and say that I have been 'abusing' the system?

Has anyone had any experience of this kind of thing?

Alye16

I recommend that you have a good look at what you are going to buy from Goldsmiths before you consider exchanging. I had to spend money from an insurance claim and found that the jewellery was very expensive compared to other jewellers and the choice was quite limited.

burnham1

A couple of years ago I changed up £500 of Tesco vouchers for Goldsmiths vouchers with no problems and always wait til Christmas time when they do the 4x exchange, I do it every year to treat myself to a piece of jewellery...and have never had any problems, I have about £250 of Tesco vouchers to exchange this year....

diluvsdiscounts

The most I have ever exchanged in one go is £300 and received £1200 but a friend of mine saved and exchanged £900 and she never mentioned anything any different than usual which I am sure she would have mentioned.
She is on holiday at the moment so I can't ask her.
To add to what others have said I would definitely wait until Christmas it would be another £700:eek::eek:

amagicwandplease

Hi all - does anybody have any idea when this 4x usually happens?
I've been saving mine too!!

amagicwandplease

Hi all - does anybody have any idea when this 4x usually happens?
I've been saving mine too!!

amagicwandplease

bump!

tia