In our local Wilko the banner is showing 15% off three different gift cards. One of them is this £50 Mastercard that can be used as a credit card.
The full cost of the card is £53.95, but with 15% off total payable is £45.86, so overall an immediate 9% return on your investment of £45.86.
The card is not chip & pin, and can't be used to withdraw money.. After 6 months, I believe a £2/£3 per month fee is deducted. So best to use it immediately to pay for £50 of petrol, or another £50 purchase!
All comments (129)
le_jaeger
8 Oct 17#1
Seems too good to be true? Buy one, use it to buy another and then another and then another...
y-oh-y
8 Oct 17#2
Check to see if you can pay it into PayPal and then into your account.
jaydeeuk1 to y-oh-y
8 Oct 17#3
This. Used to do it with 3v cards when Morrison's did that amazing fuel save scheme. Would buy £1300 or so a time (split in to several transactions as more than 5 was sloooooooow through the tills) Gift cash to your wife's account, have her Xfer it back and WD as cash back to your bank a/c. 3v cards were classes as debit cards by paypal, if it's same case here I'm off to clear shelves of all my locals. Can also spend love2shop vouchers cards here, get 8% off.
I make that £7.91 profit per card.
Edit - This offer expires 12/10
smallclone to jaydeeuk1
8 Oct 17#5
That sounds like money laundering to me.
jaydeeuk1 to smallclone
8 Oct 17#7
Lol.
y-oh-y to smallclone
8 Oct 17#8
I see it more of taking advantage of a glitch. Think of it as buying £50 notes cheaply.
plokij to y-oh-y
8 Oct 17#9
It's not a glitch. There are 3 different gift cards that Wilko are advertising as 15% off.. The others were GAP and "Beer Money". Deal is shown on their website. I believe they are clearing "Old Stock", as the newer £50 card packs look more festive... From time to time I do see Tesco & Morisson running a deal on Gift Cards, selling them below face value. But usually, they're Google Play, Apple credit or Pizza Express...
y-oh-y to plokij
8 Oct 17#12
No, not a glitch with the offer. It was an argument against money laundering post. A glitch in being able to buy cheaply and pay back into your account and repeat.If possible of course.
y-oh-y to jaydeeuk1
8 Oct 17#6
Yes, those 3v cards were the business. I bought mine from Tesco and used to clear the shelves. I'm still spending the Tesco points. :grin:
DavidL to jaydeeuk1
8 Oct 17#34
How do you get 8% off love2shop vouchers??
jaydeeuk1 to DavidL
8 Oct 17#35
Perkbox
zararh to jaydeeuk1
8 Oct 17#38
Do they still do the 3v cards?
plokij
8 Oct 17#4
It is more difficult (not impossible) to use Online, as it has no name on it and doesn't have any address registered which is used during processing / authorisation. When I tried to register it on the website printed on the back of the card, the website didn't work.. However, I used it in a supermarket by swiping on the side of the chip & pin machine, and there were no problems. You are asked to sign, like before the times of chip&pin. Calling the 0333 number and entering the card number gives the Balance as £50.
jakerushworth
8 Oct 17#10
Seems like a lot of effort
crumpetman to jakerushworth
8 Oct 17#11
Good, more left for the rest of us.
veedubjai
8 Oct 17#13
1616french
8 Oct 17#14
Could this be spent on Argos, Amazon etc? Got a few toys I need to buy for Xmas.
plokij to 1616french
8 Oct 17#17
Amazon would be difficult, without registering the cards online which wasn't working when I tried. Argos, should be possible if the have "swipe" card terminals.
I used mine at the local Morissons, the side of the chip & pin reader has a swipe slot. The receipt is printed with a signature area, which you are asked to sign..
JPS
8 Oct 17#15
This is basically free money which is amazing! But the £3.95 fee Mastercard charge for buying one of these is disgusting.
y-oh-y to JPS
8 Oct 17#16
Yes, the fee is bad and apart from this deal, I can't see any logic. Those 3v cards had no fee.
Gentle_Giant
8 Oct 17#18
Nice find, I'll bet the guy who cleared the shelves of bananas at Tesco a few years ago will already be on the case.
(£1 bananas got £1.10 worth of Tesco points; he took a trailer to the supermarket with him, then gave the bananas away in the city centre).
![Fresh Breakfast Meat Box (Using code) @ Campbells Meat [Haggis / Lorne Sausage / Bacon / Black Pudding & More]](/images/topics/208684_1.jpg)
![[Xbox One] Q. u. b. e: Director's Cut on Deals with Gold](/images/topics/208716_1.jpg)
Opening post
The full cost of the card is £53.95, but with 15% off total payable is £45.86, so overall an immediate 9% return on your investment of £45.86.
The card is not chip & pin, and can't be used to withdraw money.. After 6 months, I believe a £2/£3 per month fee is deducted. So best to use it immediately to pay for £50 of petrol, or another £50 purchase!
All comments (129)
Gift cash to your wife's account, have her Xfer it back and WD as cash back to your bank a/c.
3v cards were classes as debit cards by paypal, if it's same case here I'm off to clear shelves of all my locals. Can also spend love2shop vouchers cards here, get 8% off.
I make that £7.91 profit per card.
Edit - This offer expires 12/10
Think of it as buying £50 notes cheaply.
I believe they are clearing "Old Stock", as the newer £50 card packs look more festive...
From time to time I do see Tesco & Morisson running a deal on Gift Cards, selling them below face value. But usually, they're Google Play, Apple credit or Pizza Express...
It was an argument against money laundering post.
A glitch in being able to buy cheaply and pay back into your account and repeat.If possible of course.
I bought mine from Tesco and used to clear the shelves.
I'm still spending the Tesco points. :grin:
However, I used it in a supermarket by swiping on the side of the chip & pin machine, and there were no problems. You are asked to sign, like before the times of chip&pin.
Calling the 0333 number and entering the card number gives the Balance as £50.
Got a few toys I need to buy for Xmas.
Argos, should be possible if the have "swipe" card terminals.
I used mine at the local Morissons, the side of the chip & pin reader has a swipe slot. The receipt is printed with a signature area, which you are asked to sign..
Those 3v cards had no fee.
(£1 bananas got £1.10 worth of Tesco points; he took a trailer to the supermarket with him, then gave the bananas away in the city centre).