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Martin Lewis Shares Genuis Tip On How To Save Money On Black Friday

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Martin Lewis Shares Genuis Tip On How To Save Money On Black Friday

Martin Lewis, the money saving expert, has given us another stellar tip on how to protect our purse strings going into Black Friday.

After the news that Amazon will be banning payments from a Visa credit card from January 2022, Martin Lewis has explained how you can get £10 cash or £20 if you're an Amazon Prime member as a little top-up on your Christmas budget.

Amazon is banning card payments from Visa credit cards  in January 2022 (Credit: Alamy)
Amazon is banning card payments from Visa credit cards in January 2022 (Credit: Alamy)

Amazon has locked heads with financial service corporation Visa over a row on the use of credit cards on their site and have said they will not be accepting payments from Visa credit cards that have been issued in the UK, due to soaring charges imposed by Visa.

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Therefore, if your default payment on Amazon is a Visa credit card, then Amazon will pay YOU to switch your payment method.

Speaking on The Martin Lewis Money Show Live, Martin said: "[Amazon] will give you £10, or £20 if you're a Prime member. If you click the email link you've had about this or the homepage banner and you switch to a Visa debit, Amex, Mastercard credit or debit card you'll get that money."

The Martin Lewis Money Show Live discussed the topic and what's the best course of action (Credit: ITV)
The Martin Lewis Money Show Live discussed the topic and what's the best course of action (Credit: ITV)

He also recommends switching to a debit card and says that even if Amazon and Visa resolve the issue, it's still worth getting the money while you can.

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But you need to get on this quickly, not just so you can spend your cash on Black Friday deals, but because it's not a longstanding offer.

Amazon's terms and conditions putting in a clause about the time limit on this opportunity: "This promotional offer is valid for a limited time only or while supplies last. Amazon reserves the right to modify or cancel the promotion at any time".

Visa and Amazon have locked heads, leading Amazon to make this decision due to soaring charges (Credit: Alamy)
Visa and Amazon have locked heads, leading Amazon to make this decision due to soaring charges (Credit: Alamy)

Martin Lewis also shared a bonus trip ahead of Black Friday on Twitter: "Quick Tip Got anything you're planning to buy during #BlackFriday promotions?

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"Go and do a price check now, so you have a benchmark to see if it is really cheaper when it is 'discounted'."

This is so that customers don't get swept up with the Black Friday excitement and not actually get as good as a deal that they think they're getting.

Yet again, thank you Martin Lewis for your money saving expertise.

Featured Image Credit: ITV/Shutterstock

Topics: Money, Shopping, Black Friday, Amazon, Martin Lewis

Charlotte Forrester
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