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Are you happy to be a ‘low-cost lover’ this Valentine’s Day?

8th February 2012 Print

Valentine's Day is big business - but how much do you plan to spend on your loved one this year? Does a Valentine's Day voucher still say ‘I love you' as much as paying full price?

Teresa Fritz, Consumer Finance Expert, at MoneyVista says: "There has been a rapid increase in discount vouchers and daily deals, with a total of 200 websites now operating in this space in the UK. With more and more options available, many consumers may be planning on using a money saving voucher to help ease the cost of a special occasion.

"Discount vouchers for treats like a romantic weekend getaway, champagne brunch, or spa visit, represent some of the tempting offers for this Valentine's Day. If you shop without checking to see if a voucher or cashback is available first, you could be missing out on big savings.

"However, those playing cupid with a voucher this year need to tread carefully. Some deals at group buying sites like Groupon, Crowdity or Living Social require you to buy a voucher which you then redeem with a third party merchant. This may mean you don't have the same rights with the retailer than you normally experience as a customer. So check your rights with the voucher provider before you buy.

"Also double check whether the voucher is valid for the date and time you want to use it. If you don't redeem your voucher on time or don't turn up on the appointed day, you can lose your money."

Consumers planning on using a voucher or deal this Valentine's Day should read MoneyVista's guide on making the most of vouchers and cashback offers, to ensure they are getting what they bargained for.

MoneyVista lets you develop and monitor a financial plan so you can see what your financial future might look like and make the most of your money. It helps you get back in control of your finances.

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