Why are people buying high values of vouchers? - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Why are people buying high values of vouchers?

£0.00 @
I've noticed people have been buying incredibly high amounts of Amazon and CEX vouchers, £700 being the highest I've seen today. They always have a very specific discount value too so surely it's not … Read More
KieranH97 Avatar
3m, 2w agoPosted 3 months, 2 weeks ago
I've noticed people have been buying incredibly high amounts of Amazon and CEX vouchers, £700 being the highest I've seen today. They always have a very specific discount value too so surely it's not for personal use?
KieranH97 Avatar
3m, 2w agoPosted 3 months, 2 weeks ago
Options

All Responses

(12) Jump to unreadPost an answer
Responses/page:
#1
if somebody wants to buy a £700 laptop from cex, easy to buy a voucher from somebody at a discounted rate. that is why.
#2
How do you know when someone else is buying a voucher?
#3
Money laundering springs to mind.
#4
You answered your own question in the last sentence.
#5
That's a question I always oO wondered too ,
#6
I can see if someone does have something on mind then saving an extra 10% is not to be sniffed at. you never know someone may have found some items that resell on eBay/Gumtree and are just maximising the profit.
#7
mine is the £700 wanted listing as I am wanting to buy a laptop and tablet and can buy the vouchers on here for 80% of the value so can buy £700 of vouchers for £560 hope this answers your question
#8
The Amazon ones are ridiculous. People are literally saving pennies. Time is worth money too.

Like this one. Over 2 days left for a £10 Amazon voucher, current bidding £9.50: http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=222394082688

I'm all for saving money, but life is too short for that kind of nonsense.


Edited By: dean_brfc on Feb 03, 2017 12:53
#9
AMAZON vouchers seem to get 95% or more of their value on the bay

handy hint if you use quidco and amazon worth withdrawing funds as amazon vouchers you get an extra 5%

Edited By: mattmerch on Feb 03, 2017 12:57
#10
dean_brfc
The Amazon ones are ridiculous. People are literally saving pennies. Time is worth money too.
Like this one. Over 2 days left for a £10 Amazon voucher, current bidding £9.50: http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=222394082688
I'm all for saving money, but life is too short for that kind of nonsense.

These are the people who use both sides of the toilet paper.
#11
Sorry to drag this up again, I was just looking for a post of mine and remembered about this, thought I'd check what the final value of the one I linked to earlier was. I noticed some of the related items:

£50 Amazon voucher currently selling for £51.55: http://www.ebay.co.uk/itm/Amazon-gift-card-50/132081562143?_trksid=p2047675.c100012.m1985&_trkparms=aid%3D777003%26algo%3DDISCL.MBE%26ao%3D1%26asc%3D20160608105753%26meid%3Dadcb49fd43204c65b23094b5406e7f0b%26pid%3D100012%26rk%3D1%26rkt%3D5%26sd%3D222394082688

What am I missing here? Why are people prepared to pay more than face value for these?

Edited By: dean_brfc on Feb 07, 2017 17:03
#12
Some of it is people that have previously had problems with eBay so can't add their bank account to the new PayPal account. Buy vouchers instead and then you can buy things you want.

There is probably also people using it for tax reasons. Stop any money in PayPal ever hitting your bank account.

Post an Answer

You don't need an account to leave a response. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!