Supermarket loyalty programs have become even more important in recent years as the two giants Tesco and Sainsbury’s have introduced Clubcard and Nectar Price.
But even though cards offer lower prizes, the points accrued still mean prizes for some fans of the loyalty program.
What happens if a fraudster steals your points? This is Money’s Angharad Carrick recently went looking for some stolen Nectar points and discovered a story that raised as many questions as it did answers.
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On this podcast, Ang, Georgie Frost and Simon Lambert discuss the mystery of the stolen Nectar Points and how our reader made short work of Sainsbury’s, Action Fraud and the police after they stole £230.
And are these loyalty cards even good and worth having, and why is the competition watchdog investigating them?
Also on this week’s broadcast:
Many more people take out a mortgage than exceed state pension age, but now that work and pensions are blurring and changing, does this matter? Simon explains why he thinks this is so, but for a different reason.
Would you buy fake money for a low price through social media? It sounds crazy, but this is really something: we’re watching it happen.
Charles Stanley Direct’s Rob Morgan explains why the FTSE 100 has hit a record 12 closing peaks in a month.
And should a reader who is still working at 77, worth £2.6 million and doesn’t want to pay big inheritance tax, start giving money away – and spend a lot of money on himself and his family?