August 2008
Intermediate to advanced
304 pages
8h 57m
English
In August 2005, one Tesco customer bought 10,148 Birds Eye Beef Dinner frozen meals, in what the Daily Mail headlined ‘The Great Roast Beef Stampede’. Canny Clubcard members had realized that by spending £1.95 on three meals, they would get a windfall of £1.50 worth of Clubcard points.
The trick was to convert the points into Clubcard Deals vouchers, redeemable on anything from free flights to magazine subscriptions, which effectively multiplied the value of the points by four. Word of this informal arbitrage scheme spread via word of mouth and internet bulletin boards – especially www.moneysavingexpert.com ...
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