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Natwest rewards trade up

edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts
3 replies 587 views
Gary19621962Gary19621962 Forumite
1 posts
edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts
I have some about £100 worth of Natwest rewards and was thinking about trading up via Red Letter day. It looks like I can double the value. Is there a catch ?

thanks

gary

Replies

  • ThePants999ThePants999 Forumite
    1.7K posts
    1,000 Posts Fourth Anniversary Name Dropper
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    The only "catch" is that I think Red Letter Day fall into the category of companies whose business model revolves around combining high normal prices with lots of offers, so that they still make a decent profit on the discounted price but people feel they're getting a bargain. You can't combine the MyRewards vouchers with other offers, so effectively, you're getting this double-value in place of another offer you might have got. That's not really a catch - if there's something you can see that you think would be cheap at half the price, go for it.
  • deadendwaterfalldeadendwaterfall Forumite
    289 posts
    100 Posts Third Anniversary Name Dropper
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    Personally, I would just stick with the NatWest Rewards.
    :o
  • ThePants999ThePants999 Forumite
    1.7K posts
    1,000 Posts Fourth Anniversary Name Dropper
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    Personally, I would just stick with the NatWest Rewards.
    Trade-ups are part of the NatWest Rewards programme. I do wind up converting most of mine to cash, but if there are trade-ups you genuinely would have spent money on otherwise, they are a better way of using them. E.g. if you were about to buy a new fridge from Currys, using the "£100 voucher for £90 rewards" trade-up is a pretty painless way of getting slightly more out of rewards.
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