WeShop Holdings Limited Reviews 

984
TrustScore 2.5 out of 5

2.6

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Review summary

Created with AI, based on recent reviews

Evaluating 77 reviews, most reviewers were unhappy with their experience overall. Many people reported significant difficulties in withdrawing their money or selling their shares, often waiting years for a resolution that never came. Customers frequently found their accounts closed due to inactivity, resulting in the loss of accumulated shares and funds. Reviewers also expressed frustration over the substantial devaluation of their shares, with initial investments dropping dramatically in value. However, some customers also noted that the app and website were easy to use, providing a seamless shopping experience for some retailers. A few people appreciated the concept of earning shares through regular shopping, viewing it as a potential bonus if share prices increased.

What people talk about most

Website

Customers consistently note ambiguous experiences with the website, with many expressing disappointment and... See more

Payment

Clients share negative opinions on payment, with many reviewers expressing frustration over the inability to... See more

Price

Users describe negative interactions with price, with many reporting significant drops in value, such as... See more

Subscription

People report negative experiences with their subscription, citing concerns about changes to terms and... See more

Application

Reviewers mention negative feedback about the app, with many describing it as a waste of time and expressing... See more

Reviews shaping this summary

Rated 2 out of 5 stars

Waited over 2 years and 5 months and still getting same old message within you can’t withdrawal because it’s waiting for third parties ! I thought to trust WeShop from beginning as I thought it... See more

Rated 1 out of 5 stars

One thing you can bank on in modern western society is constant deceit - thought it seemed too good to be true at it's Inception, but ever the optimist gave it a go. Now, seeing zero benefit a c... See more

Rated 1 out of 5 stars

Massive Scam. I started investing and purchasing through WeShop in 2022. After three years of being unable to sell my shares or do anything other than buy more, they quietly changed their terms and... See more

Rated 1 out of 5 stars

This company are a bunch of scam artists. This “shareback” scheme they offered basically used the customers to pump the price up of the shares when they went public, so their investors could sell ther... See more


Company details

  1. Online Marketplace

Written by the company

WeShop® no longer responds to Trustpilot reviews. If you have any questions, please contact customer services (https://help.we.shop). WeShop® is a shoppable, social network, on a mission to be majority owned by its community. WeShop® is not a cashback site, and does not hold funds on behalf of its users. WeShop® users have the ability to earn Shareback® when shopping at over 500 supported retailers, and inviting their friends who make a purchase. For all updates, please refer to our News section on the website (www.we.shop) or read our Frequently Asked Questions here: (https://we.shop/wshp-update-timeline) WeShop Holdings Limited is registered in the British Virgin Islands. Company registration number: 2046056.


Contact info

2.6

Poor

TrustScore 2.5 out of 5

984 reviews

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Hasn’t replied to negative reviews

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2.6

All reviews

(984)

75 reviews in the last 12 months

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Rated 1 out of 5 stars

Complete waste of time

Had shares worth thousands go missing over 14 months ago. Apparently the retailer hasn’t approved the purchase and won’t release shares and WeShop are about as useful as a chocolate teapot trying to get anything back. Can’t wait for the same old automated response rather than getting any help trying to get your shares. Wouldn’t hold your breathe thinking your going to get anything out of this company. Absolute con artists

September 28, 2024
Unprompted review
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Rated 1 out of 5 stars

Hmmmm

Hmmmm. I vaguely got sucked into this scheme near the beginning (couple of years ago?) but quickly reverted to my usual cashback site after reading reviews that people weren't able to cash in on shares/ changes or moves in deadlines that never materialised. And i basically forgot about weshop (I've even silenced the WhatsApp group I was invited to- don't feel I can leave it as my friend is the 'concierge' lol).
I do however have a small amount in 'shares' and this morning thought I'd see if was time to do something with them. But guess what- another deadline missed, another date not specified, more vague explanations. Same old story 😅 And now they say when you sell your shares there will be a fee to pay to a stockbroker?!!!
So whilst it might all come to fruition, and if it does then yes, it's a better return than cashbacks sites, I suggest stay clear. I've had £750 cash back from a cashback site in the last 18 months- money I can use, money that was easy to withdraw and that I didn't have to pay to get out or open extra accounts with. Weshop has not turned out quite as expected........

September 21, 2024
Unprompted review
Rated 2 out of 5 stars

I’ve enjoyed we shop up until now

I’ve enjoyed we shop up until now, but being unable to meet their September deadline for shares to be withdrawn is disappointing and does support the view that the whole thing is a con. So far I’ve received none of that money back and I will think it is in a con until I have.

(Happy to edit this review in the future, but that’s how I’m feeling right now)

September 16, 2024
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Rated 2 out of 5 stars

Would avoid until they are able to payout

Disappointed in this company. Looks great on paper however their promotions are misleading. When I signed up 2 years ago I was told you would be able to cash your shares in after a year. I now have £2.5k in shares however am unable to get the payout until they find a buyer on the shares market. As this keeps getting delayed I am unsure whether this will ever happen. Until it does I have stopped using this app and have gone back to using other cashback apps. I do not hold out much hope.

September 19, 2024
Unprompted review
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Rated 5 out of 5 stars

Amazing

Amazing, so pleased my daughter told me about this.

September 16, 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Linda, we are glad you are enjoying WeShop!

Rated 1 out of 5 stars

Lol you aint gonna get nothing from…

Lol you aint gonna get nothing from this company. Constant delays. Its a model that has failed for a decade and they hide this fact. You aint gonna get anything so just switch to a usual cashback site. This shareback doesnt even make sense

September 11, 2024
Unprompted review
Rated 5 out of 5 stars

Easy yo use App

Easy yo use App, very quick transactions..

September 4, 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Andrew, we are pleased you are enjoying WeShop!

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Rated 1 out of 5 stars

In talks with my lawyer

Wouldn’t even give 1 star!!! False advertising and manipulative cohesive emails, encouraging users to make sales through them when they cannot even facilitate what they advertise. Shareback that has no means of getting back. A certificate of your shares…where you can’t sell anywhere or wait to be listed on a stock exchange! As far as I’m concerned you have breeched multiple conditions of consumer law and I will be taking this further. Just watch this space.

September 3, 2024
Unprompted review
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Rated 2 out of 5 stars

Still unsure whether anything will come…

Still unsure whether anything will come of this. Details are sketchy and the date for release of information and company put on stock exchange is always put back. Feel like this is a massive con at this stage but hopefully I’m proved wrong. Have noticed it’s not being promoted by “influencers” anymore which may be a big clue it’s been a waste of time!

August 31, 2024
Rated 5 out of 5 stars

Dealt with with query quickly

Dealt with with query quickly. Really enjoy using this app to get my purchases.

August 31, 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi J Payne, thank you for your positive review! We are pleased you are enjoying WeShop.

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