Iceland is giving shoppers extra cash ahead of Christmas if they use their bonus card – but is it any good?
Loyalty card holders can earn a bonus worth up to £150 but they've only got two weeks to get it
ICELAND is giving away up to £150 for free to loyalty card holders - but is it worth the effort?
Customers who use Iceland's Bonus Card when they shop can now claim an extra £1 for every £10 they upload to the card, in addition to the £1 they currently earn for every £20 uploaded.
This means that even if you put just £10 on your card, you will be rewarded with a bonus £1 under the Extra Christmas Bonus Rewards scheme.
So if you upload £20 to your card you would earn an extra £3. This is because you will be rewarded with your standard £1 bonus, but also an extra £2 under the Christmas scheme - £1 for every tenner uploaded.
To get that you'd have to put £100 on your card. This means you'll get a £5 standard bonus plus the £10 extra.
The standard bonus cash will be added to your card within 48 hours of earning it and the Save for Christmas bonus will be added from November 2.
But you won't earn nearly as much as you could in the Iceland Christmas Bonus Reward Scheme, with the maximum reward being a £6 bonus for a saving of £194.
Even though these schemes let you save towards your Christmas food bill, they shouldn't be used instead of a bank savings account as your money does not have the same protection.
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According to , the safest way to take advantage of these schemes is to save for Christmas over the year in a bank and then withdraw the money when the bonus schemes are launched.
The Iceland loyalty card is also a good way of getting rid of your loose change as you can upload any amount of cash to it at the till.
If you haven't got one yet but you want to take advantage of the scheme, you can register yours during the two weeks the scheme is running and Iceland will extend the offer for when you get your card through the post.
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From a yule log in Tesco which is due to expire on November 2, to a Christmas aisle in Asda - these are some of their biggest gripes.
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