It is a sad day for adepts of the price guarantee scheme at supermarkets as another of its last implementers, Asda, is announcing it is annulment on October 3.
Asda Price Guarantee is a system instaured by the super store where you can get your money back if the items purchased are not at least 10% cheaper than at Morrisons, Sainsbury’s, Tesco and Waitrose.
Started in 2010, It will come to conclude on October 3, ‘‘Womblers’ mourn their loss as their unorthodox practice of collecting discarded receipts and use them to get money off their shopping will soon come to an end.
Following in the footsteps of Tesco which cancelled its brand Guarantee scheme this July, Asdo was one of the last major supermarket not to have banned this offer.
Why stop the scheme now ?
The termination of such a traditional practice of supermarkets, Asda wrote on its website, proved to be difficult, however, it was prompted by its customers who preferred the brand to focus on lowering the cost over all the items sold then offering this service.
Reception of the news :
MoneySavingExpert news and features editor Steve Nowottny said that price match schemes used to be a real advantage to money saving and a tradition practice in shopping, nonetheless, it is becoming a rare, almost a past, practice.
Supermarket say they will lower the price across the board but it is less tangible for the consumer in terms money sparing.
How does Asda’s price guarantee work?
- To claim the vouchers, first sign up for an Asda online shopping account.
- Then enter the barcode number from the shopping receipt on Asda’s website. You have a time window of at least three hours after you are issued a receipt , and before 28 days have passed .
- If your shop wasn’t 10% cheaper than comparable items at Morrisons, Sainsbury’s, Tesco and Waitrose, you’ll be offered a voucher worth the difference for money off your next shop.
- Print off the voucher, which is valid for 28 days, to take with the original receipt to the in-store checkout when you next go shopping.
- See the Asda website T&Cs for full info, including what a comparable item is and how exactly the difference is calculated.