Beware of Coupons that Sound Too Good to be True
Free Coupons, Printable Coupons, Grocery Coupons Online

FreeCoupons.com - Still Couponing and Saving Money Year In and Year Out!



Beware of Coupons that Sound Too Good to be True

Posted on Tuesday, July 7th, 2015 at 7:00 am
Pin It


Did you find a coupon on Facebook that sounds too good to be true?  That's a good sign that you should stay away from it so you don't get scammed.Find the best coupons, and you will save the most money, right? It is understandable why people would get excited about a coupon that saves them $100. Coupons like that are too good to be true. Here are some tips about how to avoid getting scammed.

Avoiding Fake Coupons

Recently, there was what appeared to be a deal that would give people a $100 ALDI promo coupon. It said that people could get this $100 coupon if they spent more than $120 and completed two more steps online. It sounds too good to be true, doesn’t it?

This deal was offered on a Facebook page that had the ALDI logo on it. People were asked to give personal details (such as their name, address, and phone number). They were then asked to leave a comment and share the ad on Facebook. People were also asked to sign up for credit cards and other subscriptions on order to qualify for this coupon.

You probably can guess what happened. The $100 coupon never arrived. It was all a scam designed to obtain people’s information for the purpose of identify theft.

How can you avoid being tricked by a coupon that sounds too good to be true? First, you need to realize that just because you see a store’s logo on a Facebook page, that doesn’t mean it really is connected with that store. Anyone can post a logo.

Second, before you give out any personal information, you should check with the store that is supposedly offering the coupon. In this case, people could have called up their local ALDI and asked if they were really giving out coupons that would save people $100. Believe the answer that the store manager gives you.

Third, you could rely on your “gut feeling”. The coupon said it would give people $100 in savings if they spent at least $120. Stores don’t make coupons that result in the store taking such a big loss. If it sounds too good to be true, it is very likely a scam.

Another, similar, scam involved a fake coupon for Kroger. In this case, Kroger posted a warning on their Facebook page about the fake coupon. They made it clear that the coupon was not affiliated with Kroger and tried to warn people against sharing their personal information with whoever was behind the scam.

The Coupon Information Corporation points out some signs of a coupon scam. One question they ask is “Does it sound too good to be true?” If so, then that coupon is a scam and you should stay away from it.

Leave a Reply

Your email address will not be published.


 

Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.