Poundland's £1 engagement rings are back - plus how to save on the 'real deal'

If you’re thinking of popping the question this Valentine’s Day but just don’t have the cash to splurge on an engagement ring, Poundland’s here to save the day. Their iconic £1 engagement rings are back and the internet is divided (to put it mildly).

A £1 spend may raise eyebrows in a world where the average engagement ring costs anywhere between £1,500 to £2,000. But, a budget-friendly option does make sense sometimes.

Who wants a £1 engagement ring?

There’s actually tons of reasons why you’d go for the £1 option over dropping serious dosh on a “real” engagement ring before you’ve proposed.

If you’re planning on proposing on holiday but don’t want to bring the actual ring, a £1 dupe is just the ticket.

Or, if your partner’s picky and you don’t want to drop £2k on something they might hate, a £1 ring means you’re not wasting your money. You can keep the proposal a surprise and then you can go pick out something they’ll love together.

Some people just don’t wear rings and plan on tattooing their wedding bands instead. A £2k spend on jewellery nobody’s going to wear is pointless to say the least.

Plus, not everyone has the cash to drop on an engagement ring, so a £1 spend today might mean making it official now rather than several years down the line when you’ve saved up the cash.

All in all, there’s a case to be made for Poundland’s £1 rings. But what exactly is on offer?

Poundland’s £1 rings – what do they look like?

Poundland has a range of plastic £1 rings to choose from. Options include:

• A classic clear solitaire engagement ring with a faux diamond
• A heart shaped engagement band with a faux gem centre piece
• A ruby red engagement ring with a faux ruby gem for those looking to forego the classic diamond
• An understated simple engagement band with no faux gems

All these rings come in a red velvet heart-shaped ring box as well, plus lots of different sizes so you can choose one that’ll fit your fiancé to be.

Engagement rings with real diamonds for under £500 – 7.5% off on H Samuel with PlusSave

If the proposal goes well and the Poundland ring was just a placeholder after all, it’s time to go get the real thing.

If you’re a thinkmoney SmartPlus customer, you can get 7.5% off your spend at H Samuel with PlusSave^. And you don’t have to spend a fortune, either.

Right now, there’s around 150 engagement rings to choose from priced anywhere between £20 to £499, and many come with real diamonds. That is, if you want to go down the traditional route.

There’s an intricate sterling silver diamond ring going for £229, or you can go for a classic solitaire diamond ring for £449. With the PlusSave discount, that £229 ring will actually cost you around £212, while the £449 ring would set you back £415.

All you have to do is go to your thinkmoney app and buy a discounted H Samuel gift card via PlusSave before you buy your item.

Everything wedding-adjacent is massively expensive, so get those savings in everywhere you can. You’ll thank us later when you see the cost of “venue hire” on a Saturday in July. We won’t even go into the canapés (how much for a couple of tiny mouthfuls?!).

^Offers are subject to change and may vary. Check the thinkmoney app for the latest offers.