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Earn
a year's interest in a day -
a loophole to boost your Christmas budget
It&risquÈ;s
possible to push supermarkets into donning a big white beard,
jolly red hat, and crying out &';ho, ho, ho&';, simply by
exploiting a loophole in their &';savings stamp schemes&risqué;
to earn a year&risqué;s interest in a day to boost
your Christmas shopping budget.
Savings
stamps schemes are run by many supermarkets.
Savings stamps come in the form of booklets,
cards or electronic cards and usually allow you
to save up to £50, £100 or £150
worth.
Yet the lovely supermarkets are generous enough to add some interest or a bonus
on top of what you save, just before Christmas.
The
loophole:
Supermarkets
tend to pay the interest or bonus on a specific day, normally
in October or November, and the amount only depends on how
much is in there, not how long it&risqué;s been there.
Therefore
there&risqué;s nothing stopping you purchasing all
the stamps required in one go, the day before the bonus
is paid, getting the bonus, then immediately using them
to do your shopping there.
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