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Insurance company gave me £459 voucher instead of replacement

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Hi all,

I recently lost my phone and because they didn't have my phone in stock they are giving me a voucher of £459 for use in Argos.. I was wondering what is the best method of turning this into cash?

I see they have visa gift cards of £50, are you able to withdraw the cash from an ATM? Or are they only to be used in shops.

Thanks

Comments

  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    JCharn wrote: »
    Hi all,

    I recently lost my phone and because they didn't have my phone in stock they are giving me a voucher of £459 for use in Argos.. I was wondering what is the best method of turning this into cash?

    if its an Argos gift card - then u can only use it in Argos

    I see they have visa gift cards of £50, are you able to withdraw the cash from an ATM? Or are they only to be used in shops.

    Who has the gift card???? If you were to withdraw then you would need a pin nu,ber?
    Thanks

    Which one is it?
    xx rip dad... we had our ups and downs but we’re always be family xx
  • FutureGirl
    FutureGirl Posts: 1,252 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    You should be able to ask the insurance company for cash instead, but this will be a discounted amount.
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    FutureGirl wrote: »
    You should be able to ask the insurance company for cash instead, but this will be a discounted amount.

    That would depend on the individual policy. Many will cover replacement of goods, and no cash alternative.

    OP, vouchers sell well on ebay.
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