Cash value 1/20th of a cent?

[Bulldozer]

Why do coupons always say something like this on them?

 

[brtspears2]

Im not sure, but maybe it prevents people from trying to cash them out...

 

[Viper GTS]

That's exactly what it does, people can't walk up with a $5 coupon & demand $5.

However, if you walked up with 10,000 of them...

Viper GTS

 

[Bulldozer]

Why don't they just say 'not redeemable for cash'?

 

[datalink7]

<< That's exactly what it does, people can't walk up with a $5 coupon & demand $5.

However, if you walked up with 10,000 of them...

Viper GTS >>



Dude! You would have 8 bucks!:Q

 

[kranky]

Found this:

Q: Why do coupons indicate in the small print that they have a cash value?

A: Some state laws require that coupons have a cash value at which they can be redeemed. Most manufacturers set the value of a coupon at 1/20 of a cent. At this rate the cost of postage to send a pound of coupons to the manufacturer would be more than their cash value.

 

[tweakmm]

<< Found this:

Q: Why do coupons indicate in the small print that they have a cash value?

A: Some state laws require that coupons have a cash value at which they can be redeemed. Most manufacturers set the value of a coupon at 1/20 of a cent. At this rate the cost of postage to send a pound of coupons to the manufacturer would be more than their cash value. >>


I would love to do that, just to piss off the companies

 

[Logix]

<<Some state laws require that coupons have a cash value at which they can be redeemed. Most manufacturers set the value of a coupon at 1/20 of a cent. At this rate the cost of postage to send a pound of coupons to the manufacturer would be more than their cash value.>>

Clever. Very clever. For most coupons, I don't think you could just take 20 down to the local store and get 1 penny. You'd probably have to mail them to the manufacturer or the headquarters of the store offering the coupon to get the cash value. And of course, if a stamp costs 34 cents, it's gonna be very hard to make anything in the end.

It would be interesting to blow a stamp or two to send a company a stack of coupons and see if they'd mail you a check for a few cents.