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Post Office Loophole - £143 Cashback for as little as £15 spend

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Comments

  • bristolleedsfan
    bristolleedsfan Posts: 12,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    roddydogs wrote: »
    Thanks, but when did they do this? is this "retrospective"?, and the offer is still on the website, !


    11.30 am. its believed they are honouring cashbacks for applications for less than 10.00 a month made before that time, there is a problem with some people not being given a policy number and PO not having any apparent record of their applications.

    In that instance people should call PO freephone number 0800 096 5489
  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    The offer is still on the website, but if you read the terms and conditions that were updated iyesterday, it is now £10 per month for a minimum of 12 months.

    Not the £5.00 per month, for 3 months as the initial offer was .
    xx rip dad... we had our ups and downs but we’re always be family xx
  • 1carminestocky
    1carminestocky Posts: 5,256 Forumite
    Cashback Cashier
    We got 2 applications in before 9 am. so *should* be OK. Got email stating the reference number on both applications (me and my wife's) and both cashbacks have tracked OK. I'm assuming we don't actually HAVE to ring the PO for confirmation? Or maybe they are 'flagging up' the ones who applied before 11.30am when you ring? :confused:
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The commission NU will be paying them will likely run to somewhere between £60- £75 on a £5pm / 5 yr term policy - and thats only if policy is maintained for 2 yrs - they will be lucky to get £10 if policy is cancelled after 3months. If they had a load of £5 applications I would think they are trying to find ways around losing £133 on each case
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • 1carminestocky
    1carminestocky Posts: 5,256 Forumite
    Cashback Cashier
    payless wrote: »
    The commission NU will be paying them will likely run to somewhere between £60- £75 on a £5pm / 5 yr term policy - and thats only if policy is maintained for 2 yrs - they will be lucky to get £10 if policy is cancelled after 3months. If they had a load of £5 applications I would think they are trying to find ways around losing £133 on each case



    Reluctantly, I agree :(
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Shorly someone being paid a lot of money should of thought of that beforhand?
  • BigJonnyB
    BigJonnyB Posts: 448 Forumite
    Part of the Furniture Combo Breaker
    Is everyone who got an application before 11:30am phoning to confirm their situation? I did mine the night before - I just wondered if I am best getting them to email me confirmation or suchlike?
    JB
  • deb63_2
    deb63_2 Posts: 57 Forumite
    I havent phoned them, but i have copy of e-mail confirming cover, with plan number, mine went through at 10.17am.
  • bristolleedsfan
    bristolleedsfan Posts: 12,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    BigJonnyB wrote: »
    Is everyone who got an application before 11:30am phoning to confirm their situation? I did mine the night before - I just wondered if I am best getting them to email me confirmation or suchlike?
    JB


    People need to look to see if they have a plan number recorded on the confirmation, not just an application number that came by email. ;)

    I applied for mine at 11.30pm on 6th August and PO have no record of anything. _pale_ ( tracked fine via TCB )

    06 Aug 08[URL="javascript:openNewWindow('/retailerinfoPost_Office.htm')"]Post Office[/URL]1 x £43.00£0.00£43.00Pending31 Oct 08


    Congratulations, you're covered!

    Thank you for choosing Post Office!
    Mr , we confirm that your life insurance plan will start on 08/08/2008.

    Your plan summary

    Your plan details are as follows:
    • Your plan number:
    • The person covered: Mr , Given up smoking more than 12 months ago, born .....
    • Amount of cover: £17,000
    • How long cover will last: 5 years
    • Your monthly payment: £5.00
    • Type of cover: Level
    • Start date: 08/08/2008
    • We'll pay out the life insurance amount during the term of the plan if:
    • you die, or
    • you're diagnosed with a terminal illness before the last 18 months of the plan term, and you have 12 months or less to live
  • BigJonnyB
    BigJonnyB Posts: 448 Forumite
    Part of the Furniture Combo Breaker
    I got the plan number on the confirmation page so it went through ok...I just wasn't sure whether to phone up to get them to 'tag' my account on the old terms or suchlike...
    JB
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