Park Hampers? Safe or not?

Very safe. they offer you a special contract where you don't lose any money. Have saved now for past 3 years with no problems!! I would recomend them.

i would play safe join save a pound aday challaege

When my kids were young i always used Park Hampers for buying vouchers and they were good for using at xmas. Today we were discussing vouchers, saying although your money`s safe with park, will there be any good shops to spend them in nxt xmas? i used to get a lot of toys from Woolworths wit my vouchers.

zenseeker wrote: »

I am tempted to start saving for Xmas 2009 with Park Hampers, but with the collapse of Farepak and the recent collapse of other big names I was wondering if anyone knew how strong they were? I don't want to sink all my spare cash into them, only to find my cash sinking into a financial black hole come next Christmas

the company is probably as safe as you can get with these types, but i would strongly advise against getting any vouchers from them, as in the current climate who knows what shops will be around next xmas to spend them in, Dave

DCFC79 wrote: »

Why do people use companies like Park, surely its better to set up a standing order from your normal account into a new account for say £2 each week

yeah i have never understood why people use these companies either. Surely its a lot safer to just put the money in another bank account and just use self control to not withdraw the money. Thats gotta be better then potentially losing it all if the company goes bust.

Edit: i just had a quick look, the post office have a savings account where you only get 6 free withdrawals per year. So perhaps that will make you less inclined to withdraw the money randomly? Tbh i havent looked at it properly so i dont know if its any good, but it might be worth a look:
http://www.postoffice.co.uk/portal/po/jump1?catId=19300232&mediaId=23200510