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Discounts being 'passed up' by consumers

Consumers are missing out on billions of pounds worth of unclaimed financial discounts, it has been claimed.

A poll from MoneyExpert shows that 83 per cent of customers have passed up on some form of discount - whether through gift vouchers, loyalty points on cards, credit notes or air miles.

The financial website said that, in total, there is around £4.25 billion unclaimed.

It also found that 57 per cent of Britons do not use points on reward card - missing out on an average of £42 each.

Around one in five was also found to have not claimed air miles worth £162 apiece.

Consumers in London and the south east were found to be the most likely to not be claiming card points - while the over-55s were found to be the age group most likely to be sitting on unused discounts.

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