WeShop Holdings Limited Reviews 

985
TrustScore 2.5 out of 5

2.6

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Review summary

Created with AI, based on recent reviews

Looking at 80 reviews, most reviewers were unhappy with their experience overall. Many customers reported significant difficulties withdrawing their money or selling their shares, often waiting years for access to their funds. Accounts were frequently closed due to inactivity, leading to the loss of accumulated shares and balances for numerous users. Reviewers also expressed frustration over the substantial depreciation in the value of their shares, which often dropped significantly from their initial worth. Many customers expressed dissatisfaction with the company's promises and their experience with the platform. However, some customers also noted that the platform and its app were easy to use, providing a seamless shopping experience. They appreciated the ability to track their money easily and the concept of earning shares while shopping.

What people talk about most

Website

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

Payment

Reviewers highlight negative aspects of payment, with many expressing frustration over the inability to... See more

Price

Customers express significant disappointment with the price of their shares, with many reporting dramatic... See more

Subscription

Users describe negative interactions with subscription, with many reporting that their accounts were closed... See more

Application

Clients share negative opinions on the app, with many reviewers expressing strong dissatisfaction and... 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

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

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


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

985 reviews

5-star
4-star
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2-star
1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Hasn’t replied to negative reviews

How this company uses Trustpilot

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2.6

All reviews

(985)

76 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Very much looking like a con

Very much looking like a con! … borderline ridiculous now. 18 months after being promised a release of shares, 2 release dates missed and another push back of ‘release date’.
Amateur and embarrassing. Stop using.

29 September 2024
Unprompted review
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

28 September 2024
Unprompted review
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........

21 September 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)

16 September 2024
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.

19 September 2024
Unprompted review
Rated 5 out of 5 stars

Amazing

Amazing, so pleased my daughter told me about this.

16 September 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

11 September 2024
Unprompted review
Rated 5 out of 5 stars

Easy yo use App

Easy yo use App, very quick transactions..

4 September 2024
WeShop Holdings Limited logo

Reply from WeShop Holdings Limited

Hi Andrew, we are pleased you are enjoying WeShop!

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.

3 September 2024
Unprompted review
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!

31 August 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.

31 August 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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