Piggybank warning - your £1 coins will soon be unspendable
£1 coin warning, don’t forget to book your travel insurance, free coke zero and ‘free’ Chessington tickets. These are our Money Saving Expert Martin Lewis’ Quick Deals.
Remember, deals can change quickly, even while I’m on the programme. So always double-check the terms and conditions before spending. Plus, while I hope these deals will save you cash, don’t spend if you can’t afford it, don’t need it, or won’t use it.
A warning for everyone with a piggybank – your £1 coins will soon be unspendable
Everyone with a piggybank or coin jar needs to turn them up upside down and shake out all your £1 coins, because as of 15 October the current £1 coins will cease to be legal tender and will soon be unspendable. They are being replaced with new 12-sided £1 coins from next month and by 15 October, shops will no longer accept the old pound coins.
From that point most people will likely only be able to redeem them if you go into your own bank or building society, so far easier is to take them out from now on and not put any more in the jar.
If you find that upsetting (I understand, I’m obsessive too) then simply replace the £1 coins with other notes or coins to the same value – that way your savings pot won’t be used up.
And while they’re unlikely to be in piggybanks, it’s worth noting too that from 5 May old five pound notes will also be unspendable, as they were replaced with newer plastic fivers last year, so if you’ve got any – use them up. And as the fivers are produced by the Bank of England not the Royal Mint, banks and building societies don’t have to accept them after this date – so use them or deposit them in your bank before the deadline. If you are left with any you can exchange them in person or by post (at your own risk) at Bank of England in London.
Have you got your summer travel insurance yet?
We’ve just finished the prime summer holiday booking time. So a quick question, have you got your travel insurance yet? If like many your answer is that you’ll sort it nearer the time to when you’re going away, then you’re throwing away half its value.
Every year in the run up to holiday travel I get asked questions like “I’ve just got cancer/broken a leg and will need treatment so won’t be able to go on my summer holiday, and the airline won’t give me a refund.” Well that’s because it’s travel insurance that is designed to cover you – the fact you can’t go because something happened to you isn’t the airlines fault, the seat is still available.
Half the point of travel insurance is to protect you if something happens before you travel and you can’t go. So as soon as you’ve booked your holiday, book your travel insurance too. If not, you won't be covered should anything happen beforehand, such as an illness or cancellation.
There are many cheap, decent value policies available online and via comparison sites from as little as £9 for a year’s European cover for an individual. If you go away two or more times a year, annual policies are usually cheaper.
Free £1.35 Coke Zero: Download theGreggs rewards app on your android or iPhone, and register your details by Tuesday 21 March, and you’ll be able to get a free bottle of Coca-Cola Zero Sugar 500ml bottle (normally £1.35) in most stores (some are excluded). You don't need to buy anything to get the freebie. Open the app click on 'Rewards' and scan the barcode. You have 28 days from downloading the app to claim or until all 100,000 bottles are gone. If you don’t want free coke, you could get a free regular-sized hot drink instead – but this is only for newbies who download the app. Existing app holders who have had the app since 8 February, have until 7 March to claim the free Coke.
Two ‘free’ Chessington and £10 Legoland tickets: Until Tuesday 28 February, collect 10 different tokens printed in The Sun (50p weekdays, or 70p on Sat £1 Sun) and you’ll be able to swap them for two free tickets to Chessington World of Adventures, to use between April-October 2017. Once collected you need to send them by post with an application form selecting five date bands in order of preference (you’re given a date on a first come, first served basis, depending on availability) by Monday 13 March. There are 87,500 pairs to give away. The cost of buying the newspapers, and paying for a first-class stamp, will cost you £6ish – yet with adult tickets costing £49 each on the gate, this could save you up to £92.36. A great deal if you want to go. You can only make one application per household.
Or, collect four codes printed in The Times (£1.40 weekdays, or £1.50 on Saturdays), and The Sunday Times (£2.50) until Wednesday 22 February and you’ll be able to exchange them for two tickets to Legoland Windsor for £10, plus a £1.50 booking fee. You can submit your codes online from Wednesday 15 February and select a date to visit between Friday March 10 and Monday May 15 (again on a first come first served basis and subject to availability). If you subscribe to The Times and The Sunday Times you can get this offer without collecting codes. All in you’d pay around £17 for the tickets, and as adult tickets at Leogoland can cost up to £60 each on the gate, this could save you up to £102.90.