Half a croissant, on a plate, with a sign in front of it saying '50c'
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Gradually expiring vouchers

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Recently I re-discovered £10-worth of Tesco's loyalty vouchers which I had temporarily forgotten about, and had gone out-of-date by five days. The air was blue in response to my completely disproportionate visceral reaction to this discovery. Tesco's, in my estimation, and due to no fault which could be fairly attributed to them, dropped in esteem by several notches; the well-known units of esteem.

We all know that this is why traders issue vouchers. Their non-redemption by absent-minded dopes such as me gives them a tidy profit. However the cliff-edge of non-redemption is so final that it can seem rather harsh and perhaps.. see above.. dent the loyalty of semi-habitual customers which are supposedly prized so much.

Normal cash is, of course, a mere voucher. The national banks engineer the gradual expiry of cash by means of inflation and little tricks such as periodically changing the coins and notes rendering the ones down the back of the sofa 'Non legal tender'. This, however, is a gradual decline, rather than the ripped-off sticking plaster of fixed expiry date which led to the sharp pang of regret in my basal ganglia. But in this case nobody cares very much.

My idea therefore is for grocery stores or other businesses to issue 'gradually declining vouchers' which lose their value over time, after their nominal extinction date, say 10% per month to be fair.

bhumphrys, Dec 22 2024

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       [+]
Voice, Dec 22 2024
  

       //We all know that this is why traders issue vouchers. Their non-redemption by absent-minded dopes such as me gives them a tidy profit.//   

       I'm not sure it is, because the cost to them in goodwill must be significant. A shop stitches me up like that, I just don't go there again if there's any alternative.   

       Maplin failed to point out how I could have saved money on vouchers when I bought a load of stuff, a few years later they went bankrupt.
Loris, Dec 22 2024
  

       Maplin. Sigh, I miss being robbed blind by them.
bhumphrys, Dec 22 2024
  

       I'm increasingly aware that once I've bought something online, a couple of hours later I get an email from said vendor offering me a 10%, 25% money off voucher "because they haven't seen me in a while". Bastards!
yorkshirebarm, Dec 22 2024
  

       Have a bun [+] but appreciate it now, because it will soon degrade into a [ ] and eventually you will find it turning into a smelly bone.
pocmloc, Dec 22 2024
  
      
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