Originally Posted by oyster
I like the FAQ and think its principle is great, but I do agree with tristan727 in part. Primarily the life insurance tips, I don't think we should be so obviously displaying what is in effect a loophole.
Buying Champagne or biscuits or even buying electricals to re-sell on eBay is one thing and Tesco probably are ok with that. But repeatedly cancelling life insurance policies for points is nothing more than a loophole.
Remember they've already implemented a '1 policy per person' rule, it wouldn't take much for them to implement a rule giving points on a monthly basis over 2 years or something - they already do that with home insurance bonus points.
RJB:
Thank you for your post. I also agree with the idea of FAQ.
I know the Whole Idea of FT is to Share information. However I am in the Oyster & tristan727 camp.
To me the whole BA miles earning via bonus club card points is one big loophole. Why encourage more people, especially in the case of the life insurance policy offer to jump on the band wagon. If more and more people pay there £5 or for £ 35 / £40 worth of Club Card vouchers Are Tescos likly to , improve this offer or remove the offer ??? ( Maybee by restricting it to one policy per person ever)?
What is in it for you / us , if you / we activly encourage people to do it to death ??
I am sure people new to the Tesco mile earning oppotunities will be up in arms , and I know if I was a newbie I would probably feel the same way, saying that FT is for sharing ideas. The Trouble is that FT is getting Bigger & bigger. Just look at the posts and reads on the Tescos threads.
I am more than happy to share information on offers etc , but if too many people exploite a loophole , then the loophole will be shut and we all loose out. And that would be a great shame.