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can someone give me a quick run down on what quidco is and how it works ????

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As have wanted to ask for ages !!!! :confused:

Comments

  • MINCER_2
    MINCER_2 Posts: 406 Forumite
    Why not be pro-active?

    http://www.quidco.com/

    Have a little read!
    All the World is a Stage; and I'm going through a difficult one at the moment!
  • Quidco runs like a referral scheme. The companies on there pay them a fee for referring cusomers (ie you) to buy things on their websites.

    You must ensure cookies are enabled on your web browser and set up an account, logging into Quidco every time you want the benefits. When you click on links in Quidco a cookie is then stored in your browser identifying Quidco as the referring website and you get a share of this referral fee as set out for each different company.

    Payments to you vary in speed. When Quidco gets their fee you get your share the following month.

    That's how I understand it and could stand corrected. There many more T&C's on their website with more detail. It very similar to using a Nectar card online and shopping via one of their eStores. Payments can take a little longer though.
    “We are not interested in the fact that the brain has the consistency of cold porridge.” - Alan Turing (1912-1954)
  • Thanks for that. I had had a look on the website but wanted opinions - im sure not all sites are what they seem, just being cautious i suppose.
  • it's best to use a separate browser e.g. firefox to sensure that everthing tracks.

    You should clear your cookies before logging in to quidco each time you plan to buy something via them to make sure everything tracks.

    Here's a link to the main quidco thread. It's an excellent resource:

    http://forums.moneysavingexpert.com/showthread.html?t=245938
    :D
  • firesidemaid
    firesidemaid Posts: 2,136 Forumite
    Part of the Furniture Name Dropper Combo Breaker Bake Off Boss!
    i too was cautious for ages. then i took the plunge, and how i wish i had done it earlier!

    all the above posts are helpful. i too, spent a little while reading through the cookies stuff.

    i have found that things should 'track' within a day or too - but payment takes a little longer, although you know when it should be.

    try it on a few small purchases first to check that all is well. and remember to make sure you fill in the bit about how you want to be paid on your account (something i didn't do at first)!

    there is money to be made from nothing - especially insurance policies. buy car, buildings and contents all separately. get a quote that is low anyway and you're quids in!

    remember though, it should all be seen as a bonus - do not rely on it just in case x
  • bs7
    bs7 Posts: 774 Forumite
    Quidco runs like a referral scheme. The companies on there pay them a fee for referring cusomers (ie you) to buy things on their websites.

    You must ensure cookies are enabled on your web browser and set up an account, logging into Quidco every time you want the benefits. When you click on links in Quidco a cookie is then stored in your browser identifying Quidco as the referring website and you get a share of this referral fee as set out for each different company.

    Very slight correction - Quidco differ from the vast majority of similar 'cashback' sites - as they pass on ALL of the referral fee (not a share of it). However, they charge an annual £5 admin fee. So your first £5 goes towards that.
  • mcwarre
    mcwarre Posts: 835 Forumite
    bs7 wrote: »
    Very slight correction - Quidco differ from the vast majority of similar 'cashback' sites - as they pass on ALL of the referral fee (not a share of it). However, they charge an annual £5 admin fee. So your first £5 goes towards that.

    They only take the £5 if you have earned £5..............

    So if you haven't earned at least £5 they do not come looking for the difference
    "Success is not to be measured by the position someone has reached in life, but the obstacles he has overcome while trying to succeed." Booker T. Washington

    The Official "Why does everyone have 'Official member of....club'?" which tend to be stupid/irrelevant Society. Member No 1 (I am aware of the irony btw)
  • MINCER_2
    MINCER_2 Posts: 406 Forumite
    Thanks for that. I had had a look on the website but wanted opinions - im sure not all sites are what they seem, just being cautious i suppose.

    Now that is a different question all together.

    So far all my experiences with Quidco have been very good. I started last year with some of the free bets and cashback for the Grand National (will shortly be having another look - as it is that time of year again). I've had about £300 back - most of it from insurance. A few things haven't tracked, but nothing major and I even got cashback once for something I changed my mind on at checkout and didn't actually buy.
    All the World is a Stage; and I'm going through a difficult one at the moment!
  • cb2005
    cb2005 Posts: 12 Forumite
    bs7 wrote: »
    Very slight correction - Quidco differ from the vast majority of similar 'cashback' sites - as they pass on ALL of the referral fee (not a share of it). However, they charge an annual £5 admin fee. So your first £5 goes towards that.

    Interesting - I have used mutualpoints for many years & so didnt investigate quidco but this sounds like a better deal

    Has anyone an opinion on how quidco & mutualpoints compare?

    D
  • bs7
    bs7 Posts: 774 Forumite
    cb2005 wrote: »
    Interesting - I have used mutualpoints for many years & so didnt investigate quidco but this sounds like a better deal

    Has anyone an opinion on how quidco & mutualpoints compare?

    D

    Quick comparison:
    I picked a page at random:

    http://mutualpoints.com/categories/books_music/
    and compared the first few (Quidco's rates in brackets)

    Amazon - 1% (not on quidco)
    Play - 1% (2%)
    The Magazine Group - 450 points (£4.80)
    CD-wow - 2 (5%)
    DVD.co.uk - 2.5% (5%)
    Tesco - 1% (2% or 3% or £4/£5 depending on purchase)
    HMV - 2.5% (2%, 5% or 10% depending on purchase).
    etc etc

    You get the idea, mutualpoints take a cut of absolutely everything (and where it seems as if Quidco may be lower - i'd doubt mutual points will pay more than they actually get).
    Effectively, you have to decide if all the cashback you earn will be more with a £5 fee, than constantly receiving up to as little as a quarter of the commission.
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