Keep your wallet secure by avoiding these common coupon scams
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But, unfortunately, some people use fake coupons to trick others, and these scams can end up costing you time, money, or even your personal information.
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Here’s a look at some common coupon scams and how you can avoid falling for them.
Fake coupons that look real
One of the biggest scams is fake coupons that look just like the real thing. Scammers make fake coupons that look real and distribute them via social media, coupon sites, or email. They often appear convincing with huge discounts on popular brands. When you use them in the store, they may flag you. Use
popular websites or apps when searching for coupons. If you’re unsure about a deal, check the brand’s official website or social media to see if they’ve posted it.
Subscription traps that empty your wallet
Some scammers promise access to “exclusive” discounts through a subscription service, often with a tempting free trial. They ask for payment or personal details up front, which can lead to unexpected charges and even identity theft.
Sometimes, these sites look completely legitimate, even featuring fake testimonials.
How to avoid it: Be wary of any service asking for payment details before showing you the deals. It’s not uncommon for scammers, posing as well-known brands, to send emails or messages on social media with links to “special offers.” These sites are usually phishing websites designed to collect your personal information, which can lead to unwanted charges and identity theft. If the deal isn’t visible there, it’s best to steer clear.
Surveys that don’t pay off
Some offers promise coupons or other rewards if you complete a survey, but they’re often a trick to collect your data. These surveys might ask for your phone number, address or bank information. If you want to take surveys, stick to established market research sites. Stick to established market research sites if you’re interested in taking surveys.
Expired coupons and hidden terms
Another trick involves expired or region-specific coupons. Scammers will share eye-catching coupons online, but they won’t work at the checkout. It’s easy to avoid:
Check the coupon expiration date, and any conditions that may be attached before you use it. If something feels off, it’s probably best to skip it.Stay safe while saving
Knowing about these scams can help you avoid them and keep your savings safe. You can avoid scams and disappointment at the checkout by performing a few simple checks.
A deal that seems too good to true is usually a scam. Take a minute to double check – you’ll be glad you did. Happy, safe shopping!
Ricky Willis is the original Skint Dad. Money-making enthusiast and father to Naomi. He’s always on the lookout for new ways to make a little more money.
