The term to buy in Tenerife with the new consumer bonds begins

This year’s second edition of the initiative Consumption Bonus in Tenerife It starts today, Monday, October 31. The term for purchases will last throughout the month of November, as announced by the Island Council during the presentation of this initiative last September.

The programme, with which the Tenerife corporation will place bonds worth 600,000 euros on the market, will also support families in Tenerife at a time when inflation is affecting their purchasing power.

The objectives of the “Tenerife Consumption Bonus” are, first, to stimulate the insular economic activity, promoting the consumption in local commerce and services and second, to mitigate the economic effect derived from the reduction of activity in numerous companies on the island as a consequence of the restrictions imposed by the coronavirus pandemic. Covid-19.

Redemption conditions

Consumers of legal age may acquire the number maximum of 10 vouchers in any of its types.
The consumer may make a maximum of two purchases in the same establishment, and they must be the same on two different days. Set to two maximum number of bonuses that can be used on a purchaseregardless of their amount.
The difference between the purchase price and the voucher will not be refunded.
will not be returned amount of unused bonds. In the case of a return, it will be replaced by another product from the same establishment.

Each establishment may redeem vouchers up to a maximum amount of 4,000 euros. Once this limit has been reached or the budget available for that area you will not be able to accept any more bonuses. If bonuses are accepted that exceed the maximum amount, they will not be paid to the merchant.