Best way to exchange Lifestyle Vouchers for cash?

I have £895 in Lifestyle Vouchers (which can be spent on almost anything - there's a full list of companies online), and I'm looking to find a way I can exchange that money for cash. The reason is that I'm looking to spend the money on an engagement ring with a company not listed on the site. 

I've thought about buying an iPhone 11 256gb from Argos (RRP £879) and selling it to someone for £800, but I've posted about it on Facebook Marketplace and received no offers.

I understand there are sites where you can swap directly for cash, however the rates they charge almost don't make it worth the exchange (we're talking losing about £200 realistically).

Does anyone have any suggestions as to what I can do about this? I'm comfortable with exchanging £800 for £895 which I think is pretty fair - it's basically 10% interest on your exchange.

Thanks

Replies

  • sarah1972sarah1972 Forumite, Ambassador
    17.9K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ambassador
    advertise the vouchers on local buy and sell groups, advertise on facebook, Ebay, Gumtree etc 
    I’m a Forum Ambassador and I support the Forum Team on Competitions Time, Shopping & Freebies boards, Employment, Jobseeking & Training boards If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected] All views are my own and not the official line of MoneySavingExpert.
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