Moneyfacts.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfacts.co.uk will always be from firstname.lastname@example.org. Be Scamsmart.
Valentine's Day may be the time to treat that special someone in your life, but what about your four-legged loved ones? It seems that many will be pampering their pets, too, so some partners will have to share the spotlight.
Research from American Express found that 19% of respondents will be treating their furry friends today, spending a combined total of £27m in the process. Partners still take priority, with 56% of respondents planning to treat their other half (to the tune of £27 on average), but pets can still look forward to a £5 treat.
Interestingly, men are more likely to splash the cash on both partners and pets, with 20% planning to do just that, while only 12% of women will do the same. And, it isn't only pets and partners that can look forward to a Valentine's treat, either, as 10% of respondents said they'll be treating a parent (at an average value of £6), while the same proportion will spoil a friend (£5), and 14% will even treat themselves to a little something (£8).
"Britain is a nation of animal lovers and it's great to see we are showing affection to both pets and partners this Valentine's Day," said Jenny Cheung, director at American Express. "Whether you're treating a partner, family member or four-legged companion, putting related expenditure on a card that earns rewards or cashback is one way of ensuring you give your finances some love too."
But why stop there? If you've already got a reward or loyalty card, it could be worth checking the balance to see how many points or cashback you've accrued, as you may be able to redeem them to treat a loved one for free. They need never know you didn't splash out!
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.