Why do gift vouchers have a monetary value of 0.01p?

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Why do gift vouchers have a monetary value of 0.01p?

On any sort of vouchers, it always says that the have a cash redemption value of 0.01p. I was just wondering why this was. Thanks in advance!

2006-12-14 03:38:47 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

3 answers

It's to prevent you from claiming the money. It's usually 0.001p which means that you'd have to collect 1,000 vouchers to have the legal right to claim 1p.

2006-12-14 03:44:45 · answer #1 · answered by Anonymous · 0⤊ 1⤋

I don't know but i would like to know why when you use a voucher and there is some change left you never get it.

2006-12-14 11:41:53 · answer #2 · answered by Duisend-poot 7 · 0⤊ 1⤋

To stop you claiming the money, so i would pass/sell them on to someone who will use them

2006-12-14 11:48:56 · answer #3 · answered by PETER J 1 · 0⤊ 1⤋