Discussion
It's a cashback website. It pays a percentage or a fixed amount of a spend from a website to which it referrs you (for example I got £70 back from a £480 spend with the Aviva Insurance company last year.)
I believe the way it works is that they get a fee for referring customers to a company - part of which they pass on to you the Quidco member.
I'd recommend it if you are making fairly big purchases; insurance, new bathroom, holiday etc or opening a new bank accont (often these are a fixed £10-50 amount of cashback) but it's not worth te hassle for something like eBay (something like 40% of the fee charged to the buyer - so about £0.04 real money in many cases, or weekday (or was it weekend) Premier Inn bookings which are all of about 1% off a £60 bill)
I believe the way it works is that they get a fee for referring customers to a company - part of which they pass on to you the Quidco member.
I'd recommend it if you are making fairly big purchases; insurance, new bathroom, holiday etc or opening a new bank accont (often these are a fixed £10-50 amount of cashback) but it's not worth te hassle for something like eBay (something like 40% of the fee charged to the buyer - so about £0.04 real money in many cases, or weekday (or was it weekend) Premier Inn bookings which are all of about 1% off a £60 bill)
Edited by wattsie_2004 on Wednesday 16th March 19:26
This thread ought to be in The Lounge 
Quidco is great. It's essentially adverts. Quidco require you to sign up and give them details. Quidco then approach businesses and say "We've got a database of X amount of people, we'll provide directed advertising to them in exchange for a %age discount on your product".
You then buy said product, via Quidco. You pay full price. Quidco receive the percentage discount from the manufacturer/service/whatever, and pass it back to you. Quidco keep the first £5 every member "earns" back in a year.
I think
You never actually "make" the money, you basically provide your details in exchange for a discount. Quidco keep the first fiver for being the agent.
Quidco is great. It's essentially adverts. Quidco require you to sign up and give them details. Quidco then approach businesses and say "We've got a database of X amount of people, we'll provide directed advertising to them in exchange for a %age discount on your product".
You then buy said product, via Quidco. You pay full price. Quidco receive the percentage discount from the manufacturer/service/whatever, and pass it back to you. Quidco keep the first £5 every member "earns" back in a year.
I think
You never actually "make" the money, you basically provide your details in exchange for a discount. Quidco keep the first fiver for being the agent.
use it a fair bit.
Just bought a dell duo. £50 off and 10% cashback so effectively a 20% discount
£160 cashback on a £25 a month sim only phone deal
£1.50 back everytime you use gocompare, whether you go on to purchase through gocompare or not.
They've also i beleive simplified the tracking process. Rather than having to link through quidco, you register your credit card with them and every time you make a purchase with a affliated retailer your cashback is tracked automatically.
Ony problem i had with them was regarding the vodafone cashback which was a common problem. Vodafone cashbacked £100 instead of £160, and this took 6 months. It then took another 80 days for a query to be raised. I kicked off a right fuss and quidco themselves paid me the £60 and chased it back from vodafone.
Everything else has been pretty painless.
Just bought a dell duo. £50 off and 10% cashback so effectively a 20% discount
£160 cashback on a £25 a month sim only phone deal
£1.50 back everytime you use gocompare, whether you go on to purchase through gocompare or not.
They've also i beleive simplified the tracking process. Rather than having to link through quidco, you register your credit card with them and every time you make a purchase with a affliated retailer your cashback is tracked automatically.
Ony problem i had with them was regarding the vodafone cashback which was a common problem. Vodafone cashbacked £100 instead of £160, and this took 6 months. It then took another 80 days for a query to be raised. I kicked off a right fuss and quidco themselves paid me the £60 and chased it back from vodafone.
Everything else has been pretty painless.
Raize said:
Wait. What.
Maximum of 3x a year otherwise they boot you off. £4.50 for free though.Also, edit to add. Quidco pay you the referral fee. All those money supermarkets and whatever earn money by referring customers to the end supplier. Quidco just give it to you minus £5 from your yearly earnings. I'm onto nearly £600 cashback in 3-4 years just from going through them for normal purchases. (hotels,insurance,CD's etc)
Edited by ticmon on Wednesday 16th March 21:07
Quidco is awesome, and you can actually get some good deals if you are prepared to put some work in (not much, mind!).
For example - I was after a B&W Zeppelin earlier this year. Cheapest available anywhere was £390... so I bought for £400 from Selfridges via Quidco - with 10% cashback. Net price = £360.
I've moved house this year and so bought lots and lots via Quidco - result is I've cleared £1100 cashback in a year. I also book all my work travel through there (10% cashback on hotels.com). Given work pay for the hotels, and I stay away two nights a week, I'm clearing £70 a month in cashback on that alone, for nothing!
For example - I was after a B&W Zeppelin earlier this year. Cheapest available anywhere was £390... so I bought for £400 from Selfridges via Quidco - with 10% cashback. Net price = £360.
I've moved house this year and so bought lots and lots via Quidco - result is I've cleared £1100 cashback in a year. I also book all my work travel through there (10% cashback on hotels.com). Given work pay for the hotels, and I stay away two nights a week, I'm clearing £70 a month in cashback on that alone, for nothing!
Bungleaio said:
It's one of the rare things that looks too good to be true but actually isn't.
Ive got about £100 cash back in the last 12 months, not a massive amount but it's something for nothing
Exactly, if you are going to buy the stuff anyways, then it's seconds (I am told by the OH) to run it through Quidco.Ive got about £100 cash back in the last 12 months, not a massive amount but it's something for nothing
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