Iceland customers left unable to use their Bonus Cards online – here’s how to get your money back
How do supermarket savings schemes work?
Supermarket savings schemes encourage you to save your cash with them to grab a bonus, and often promote the idea of saving throughout the year for Christmas.
But as we warn with all these types of supermarket saving schemes, while they can work out well for you, it isn’t the supermarket being generous. You must spend the cash at that specific retailer, so they effectively lock in your custom.
It’s also important to understand these DO NOT have the same protection as savings in a bank (supermarket bank savings do though), so if you are going to use a scheme, we always say to only keep your cash in it for the shortest amount of time possible in order to bag the bonus, then use your funds to shop.