LD Points and Rewards
Ask a Question
Hi guys!
I was thinking about the LD points and rewards yesterday.
I started to collect points and share things not too long ago but I think there are some huge gaps between the points you need to earn to get vouchers.
5,000 points £5 Amazon Voucher
15,000 points £10 Amazon Voucher
50,000 points £35 Amazon Voucher
100,000 points £50 Amazon Voucher
If you look at it 5,000 points worth £5 Amazon Voucher in every stage you just need to work harder to get the next reward. I know you get a larger amount at the end but I think I would be more motivated to get £5 Amazon Voucher after every 5,000 points. And if you don't want to redeem it you just collect it in your account.
Any thoughts?
To me, it looks like you are better off cashing out when you get 5,000 points for a £5 voucher.
Please click on your icon and then dash board. All points are rewarded the same amount 5,000 is £5 if you save up to 100,000 you get £100. Your points are not deducted from the total when you cash in but carry on building up. Therefore if you cash in at 50,000 for £50 your points will carry on building to 100,000 when you can get another £50.
SarahHorsfield I never said that I am not happy to earn and get Amazon vouchers from LD. But if you really think about it... It is not for nothing. Unless you call 2-3 hours/day "work" on LD nothing.
I think you've misunderstood how points are earned / calculated. There's an explanation and graphic, here:
https://www.latestdeals.co.uk/chat/help-thought-15000-points-15-10-amazon-voucher
I treat it as a bit of fun and a hobby. I am rolling up to 200,000 points (OK should get there in a bit...).
For me it's the journey, not the destination, that matters really.
Lynibis Johnny I understood how the points are calculated and earned without reading anything other than what comes up when you click on your points.
The discussion is about whether it would be better/motivating getting £5 voucher after every 5,000 points rather than now when you get rewards after collecting 5,000/+10,0000/+35,000/+50,000 points.
5,000 points - £5 Amazon Voucher
10,000 points - £5 Amazon Voucher
15,000 points - £5 Amazon Voucher .. and so on. It is the same value you just getting the reward sooner.
Personally I would sooner save my points for a £50 reward which can get something worthwhile on Amazon, or save me money by covering the cost of a birthday present for family etc. The first £5 just went toward something and I did not really feel the benefit. But each to their own, some folk may want a fiver more often.
I see where you're coming from, but I expect LD do it this way to keep the time spent on administration (and associated costs) down. A bit like why most companies now pay their staff monthly and not weekly.
It took me a couple of days to figure out that actually the points are equal earning. They way its done is a little confusing but if you look at it as 1000 points equal £1 then you get it. Ive probably just confused the issue 
I believe when the founders of LD started the reward scheme (which wasnt at the start) it was to try to get as many people onto the site as possible. And that was a risk as lots of people did seem to just do it to get the first £5 and never returned, which I imagine was at a great cost to the LD team - but at the same time, there’s been many people who have stuck around to get the community spirit going, and many people benefit from the deals, offers, freebies and competitions posted on here. So it all depends what you are looking for - after all, saving money can be as lucrative as making it
I like it the way it, i like the idea of hitting the next milestone 
im currently on 28,000 will take a few weeks but im looking forward to getting the £35 voucher 
Join for free to get genuine deals, money saving advice and help from our friendly community
Chief Bargain Hunter
