We've been contacted by a few Playpennies readers today, letting us know that they've received a letter this morning letting them know that the Littlewoods Rewards Scheme will end later this month.
For those of you who don't know, the scheme gives buyers cashback into their account which can then be applied to later purchases. It's important you check your account to see if you have any rewards accumulated as you could lose them if you don't.
Littlewoods have stated they're closing the program because "customers have told us the Rewards Scheme doesn't feel fair as not everybody benefits, it is quite difficult to understand and it is not really valued by everyone". I guess the big question is what (if anything!) they'll replace it with. The current scheme may have had its flaws but it was essentially cashback on purchases people were making anyway.
To make sure you don't lose any rewards you may currently have, make sure you know what's going to happen next :
Customers will carry on earning rewards on all eligible payments in the normal way until 31st August 2016.
If your account payments are up to date on August 31st 2016, Littlewoods will credit your rewards balance with the value of rewards you could have earned on all your qualifying orders up to the date your membership ceased. These will be applied to your account by 30th September 2016.
You'll then have 3 months, up to 31st December 2016, to redeem all your rewards and they promise to keep you updated every step of the way. Any unused rewards will expire on 31st January 2017.
So make sure you use all rewards in your account by the end of January or you'll lose them.
It's important to remember that this is the information we've been given from Playpennies readers but every account may be different, your rewards credit could expire sooner or last longer. The best thing to do is contact Littlewoods directly to see how it affects you personally and you can find out how to do that here.
What do you think of this change?