Interesting news coming out from Snap by Groupon this morning.
It has been announced that effective March 1, 2016, Snap will expand to include Groupon’s inventory of digital offers and will transition from product-specific to retailer-specific promotions.
This means with the introduction of this new style of promotion, Snap by Groupon will be shutting down their Cash Back Feature.
What this means for your balance
If you currently have a balance of $20 or more you CAN cash out and request your check. I suggest you do so NOW.
If, by March 1st, you do not have the required $20 minimum cash out balance, you will NOT be entitled to claim your money (as per the program terms & conditions).
Instead, your Cash-Back Balance will be converted to promotion Groupon Bucks equivalent to your balance rounded up to the nearest $5. The Bucks can be used on purchases from Groupon and will expire on September 1st, 2016.
What are you thoughts on these changes? Please share with us on the SaveaLoonie Facebook Page!
