How To Avoid Coupon Fraud
People start out innocently, clipping or loading coupons and soon they get caught up into couponing. However, not all coupons deliver the real deal. People who believe and obey every letter of text on their coupons are not able to distinguish legitimate coupons from coupon fraud. Every year, coupon frauds cost manufacturers hundreds of millions of dollars. This makes costs go up for consumers. It also makes people and stores paranoid, which hinders the legitimate use of coupons as well. Here’s how you can avoid coupon scams.
1. Check Internet Coupons Before Using Them
Coupons that are available on the Internet can easily be duplicated. Before you use a coupon you found on the net, check that they’re from a reputable source. If in doubt, call the website management and check with them. Better still, read up on to recognize fraud coupons and couponing systems on the Coupon Information Center. Be sure to read the very informative FAQs on this site.
One rule of thumb is that if you find a coupon for a free item, it’s most likely not legitimate. Coupons are redeemable only on purchase of an item. Always check the store policy with regard to coupons before you clip them. Some stores are way of coupons from the internet.
2. Stay Away From Subscribing To Booklets
Some companies release coupon certificate booklets that contain a number of certificates worth $10 grocery discount coupons. However, in order to redeem these certificates, you need to mail a form to the company indicating the products for which you want to use coupons. You also need to include a processing fee and a stamped, self-addressed envelope for the response. The funny thing is that you’ll end up spending over 100 dollars just on postage and processing fee to get all $500.00 worth of coupons! That’s money that goes straight into the booklet company’s pocket.
Again, the booklet companies state that their coupons don’t have expiry dates, which is straight away not believable. Stay away from these booklets and clip your own coupons. I prefer using online sites sharing T RX coupon codes and ereleases discount codes as they are updated regularly.
3. General Tips For The Couponer: Avoid Coupon Scams
Since everyone wants to save money, coupons that seem attractively urgent are sought after. There’s always someone or the other out there waiting to take advantage of your eagerness. Before you take up couponing seriously, learn how to avoid them and how to report coupon scams.
- In general, be wary of any coupon that claims that risks are not involved, there’s no expiry date or promises high income and amazing savings.
- Coupons that generate that sense of urgency by promising the sky sound too good to be true and they usually are.
- Remember that selling unwanted coupons is considered a violation of manufacturers’ coupon redemption policies.
- To be on the safe side, clip coupons from your newspaper and web sites of the manufacturer or authorized coupon distributors.