Solicitors to see storms over storecard loyalty points
Schemes such as Air Miles and store loyalty cards such as Boots Advantage and Tesco Clubcard have become increasingly popular as ways to incentivise shoppers to use a particular brand and recent statistics have revealed that there are around 30 million Tesco Clubcard or Nectar card holders in the UK. Globally, around 120 million people take part in frequent flyer schemes to accumulate free travel.
Recent reports in the national press suggest that family lawyers have seen an increase in the number of divorcing spouses who are arguing over who should get the loyalty cards when a marriage breaks down and, although it may appear to be a trivial matter, at least one family lawyer saw such disputes as being a “deal breaker” for couples who had otherwise agreed a financial settlement on divorce.
Many families will save loyalty points for years before “cashing” them in for holiday vouchers, day trip tickets or using them in store, and a significant sum can soon be accrued, so when a relationship breaks down it is difficult to determine who should receive benefits from this asset and couples may find themselves in mediation over a fair settlement.
As the country enters another period of economic downturn it will be interesting to see whether divorce solicitors in Chichester and throughout West Sussex and Hampshire see a plethora of couples whose divorce financial settlement contains a clause for custody of the Clubcard.News