Martin Lewis urges everyone to spend just £1 to save hundreds of pounds

Martin Lewis has shared a £1 hack that could save you hundreds off the cost of eating out and cinema trips.

The trick involves using comparison website Compare the Market and taking out a single day's travel insurance.

Prices start at £1, but the policy will then qualify you for two-for-one cinema tickets for an entire year.

The consumer champion, flagged the hack on his ITV programme The Martin Lewis Money Show yesterday evening.

He said: "I know people who use the Compare The Market/Compare the Meerkat trick.

"By the way, the easiest way to get that is to get £1 daily UK travel insurance, and then you get the 2-for-1 cinema tickets for a year without having to get anything else with that."

Consumer champion Martin Lewis wants people to take advantage of a hack on the the site (ITV)

Martin also flagged another cinema deal on Groupon, which gives you five film tickets for £20.

You can also get two tickets for £9 or ten for £38.

He urged: "Check your local cinema prices to see if it would be a saving, some only cost a fiver, some cost £12.

"Use any day, on a 2D film until the 14th of March, so that could be Avatar 2.

All consumers have to do and take a day's travel insurance which will give them buy-one-get-one-free cinema offers (Getty Images/iStockphoto)

"You don't have to use it all in one trip, you can split it across trips."

This offer runs until March 14. Some of the big name movies being screened now include Avatar: The Way of Water, Babylon, Magic Mike's Last Dance and Scream VI.

The hack, Martin advises, would entitle the customer to 2-for-1 cinema tickets for a year (NurPhoto via Getty Images)

The Mirror told earlier this month how a Martin Lewis fan discovered he was eligible to claim over £500 a month after reading a Money Saving Expert (MSE) newsletter.

In its recent newsletter, the MSE team revealed the story that was shared by one fan on their Money Saver forum.

The story was from “forumite” Jaxster69 claimed he had only realised he was eligible to claim Universal Credit thanks to a link he spotted in one of Martin Lewis ’ weekly emails.

They said: "Thanks to a link I spotted in one of Martin's weekly emails, I discovered I was entitled to some universal credit to boost my income.

“I'm now receiving over £500/month extra - which is helping me a great deal."

In the newsletter, MSE said there were about seven million people in the UK who were “missing out” on benefits they were entitled to.