Utility Warehouse (Telecom Plus) Discussion

BaggieBoy_3

Surely you can see what Quentin is saying though Meeper.

Using the rough figures earlier if, for example, i am paying £1300 for the services i could get elsewhere for £900 but using the cash back card i save £400 then, although the figures end up the same, i could just pay the £900 and put all the other expenditure on another card that offers cash back, airmiles or something else that would benefit me.

Meeper

In that example, if I actually had bills of £696 and I made £696 of cashback so that the amount going out of my bank was nil, you're damn right I'd be telling you about it. Whether an ancillary company makes any money, whether the tariffs are expensive - not important! If my bills were £20,000 per annum but I was able to get £19,990 per annum of discounts through whatever means so that I only actually PAY £10 per annum, then I am doing well. Please, continue to do whatever it is that you do, I will continue to enjoy less coming out of my bank than you do, so I ask, who is the busy fool now?

Quentin

Meeper wrote: »

I will continue to enjoy less coming out of my bank than you do, so I ask, who is the busy fool now?

You of course.

You are busy spending thousands on your risky card just to let uw take your "cashback" to pay for your expensive energy from them.

Moneysavers would have their cake and eat it!

Meeper

BaggieBoy wrote: »

Surely you can see what Quentin is saying though Meeper.

Using the rough figures earlier if, for example, i am paying £1300 for the services i could get elsewhere for £900 but using the cash back card i save £400 then, although the figures end up the same, i could just pay the £900 and put all the other expenditure on another card that offers cash back, airmiles or something else that would benefit me.

Right, in those figures. But it's not that simple. They are neglecting other important facts:

Your figures above show that the higher tariff minus the cashback is equivalent to the lower tariff elsewhere. I would contend that the cashback that is able to be generated would be far and away more than the difference in the tariffs, so you would actually end up with less money coming out of your bank.

Furthermore, they never (as mentioned by Penrhyn earlier) go out on a limb and tell us which cashback card they should get. The "winner" of the UK's top cashback card (on this website) is the AMEX Platinum & Rewards card, which gives 5% cashback on all spends for the first 3 months with a maximum amount of £100 cashback. After the first 3 months rates are tiered depending on your spend, but max at 1.25%. This against the UW Cashback card which has no limit on the amount of cashback you can generate, no 3-month time period, no credit agreement, no credit searching, no chance of getting into debt that can't be afforded, and so on.

So yes, I do understand Quentin's argument, but in understanding it doesn't necessarily follow that I should agree. I have made counter points logically and with reasoned substance, and yet all I get in return is the same old drum-beating saying that I am trying to pull the wool over people's eyes and that my reasoning is flawed.

I would maintain that anything that resulted in having a reduced amount coming out of my bank every month is not flawed, and I have seen no evidence to suggest that I am mistaken.

Meeper

Quentin wrote: »

You of course.

You are busy spending thousands on your risky card just to let uw take your "cashback" to pay for your expensive energy from them.

Moneysavers would have their cake and eat it!

Again, no detail as to how to do that. I have given great detail in my posts about how the cashback card works and the numbers, exactly. You give no substance, no examples, and only state the same things over and over again.

Hopefully everyone can see through your sham arguments and realise what I do - if I did things the way you are telling me, more money would come out of my bank account every month. MORE MONEY WOULD BE COMING OUT OF MY BANK ACCOUNT. Can you comprehend that statement?

Quentin

Meeper wrote: »

The "winner" of the UK's top cashback card (on this website) is the AMEX Platinum & Rewards card, which gives 5% cashback on all spends for the first 3 months with a maximum amount of £100 cashback. After the first 3 months rates are tiered depending on your spend, but max at 1.25%. This against the UW Cashback card which has no limit on the amount of cashback you can generate, no 3-month time period, no credit agreement, no credit searching, no chance of getting into debt that can't be afforded, and so on.

Presumably because you work for them, you are tunnel visioning. Now you are comparing the uw risky card with a completely different type of card!

(And when doing so you neglect to mention the charges you have to pay for the privilege of using the card and giving all your "reward" to uw, as well as having to be a member of the uw club!)

It is a truly busy fool way of doing things like this. You are happily buying just about the most expensive energy and then using the risky card to make it less expensive.

Quentin

Meeper wrote: »

if I did things the way you are telling me, more money would come out of my bank account every month. MORE MONEY WOULD BE COMING OUT OF MY BANK ACCOUNT. Can you comprehend that statement?

How would you be paying more?

1) You could be paying far less for your energy than you currently do
2) You could be getting your discount/reward etc for yourself.

(And you well know that getting better discount at sainsbury's is possible than the 3% uw "pay".)

Meeper

Quentin wrote: »

1) You could be paying far less for your energy than you currently do

Yes, I could.

2) You could be getting your discount/reward etc for yourself.

You have never outlined EXACTLY how I can do this.

(And you well know that getting better discount at sainsbury's is possible than the 3% uw "pay".)

Actually, I don't "well know" that, because although people keep saying it, nobody has shown me exactly how yet. Why can't one of your posts just have some details for a change? You say I can do better, but you don't tell me how to do better. What use are your posts, other than to spread the gospel of something being bad? If x is bad, then suggest y which is better. You are missing, as ever, the second part.

Quentin

Meeper wrote: »

Yes, I could.
You have never outlined EXACTLY how I can do this.
Actually, I don't "well know" that, because although people keep saying it, nobody has shown me exactly how yet. Why can't one of your posts just have some details for a change? You say I can do better, but you don't tell me how to do better. What use are your posts, other than to spread the gospel of something being bad? If x is bad, then suggest y which is better. You are missing, as ever, the second part.

Then you going to have to do some research.

Though you already have admitted to posing questions here like this even though you know the answers!

And vendors of discount prepayment cards presumably are given some product training so that they can deal with any competitors that are mentioned!

Cardew

BaggieBoy wrote: »

Surely you can see what Quentin is saying though Meeper.

Using the rough figures earlier if, for example, i am paying £1300 for the services i could get elsewhere for £900 but using the cash back card i save £400 then, although the figures end up the same, i could just pay the £900 and put all the other expenditure on another card that offers cash back, airmiles or something else that would benefit me.

Of course he can see it, he just won't admit it - in line with the rest of the UW salesmen.

Meeper is a new name on this thread. If matters follow the normal pattern he will vanish and come back with a new name.

P.S.
How were you recruited as a UW customer?