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Virgin: Break out or hang in?

steveyme
steveyme Posts: 67 Forumite
Part of the Furniture 10 Posts Combo Breaker
edited 7 October 2016 at 10:05AM in Broadband & internet access
Here's a conundrum!:

Will breaking out of my 18 month contract Virgin BB contract after only 16 months (they have increased prices, so I think I can), mean they don't offer me a customer loyalty bonus if I just hang in there for those last two months?

Basically, I'm trying to weigh up whether the breakout would save me more (about £30ish) or I should just grit my teeth and hope for a loyalty bonus for renewal when it comes to a natural end in 8 weeks?

Indeed, does anyone know what sort of discounts I might get as a second year customer looking for a 1 year BB only contract, compared to their published prices? Thanks all!:)

Comments

  • Marcio45
    Marcio45 Posts: 240 Forumite
    Ninth Anniversary 100 Posts
    A year ago, when virgin increased prices, i cancelled the lot (big kahuna, with 200mb internet, xl tv and phone), which was going up to over £70. I only wanted to keep the broadband. Their offer was around £15 for 50mbs for 6 months and 21.50 for another year. Not bad.
    But now they are increasing to £24.50 so i just gave my notice. Going with BT fibre, 52 mbs, for an average £18 a month, considering cashback and pre-paid card offers. Never had BT before, and there are horror stories about them, but i will see how it goes
  • AndyPK
    AndyPK Posts: 4,378 Forumite
    Part of the Furniture 1,000 Posts
    be aware any deal you do now will lock you in for another 12 months.

    Now is the time to do the deal though I think.

    There isn't any loyalty bonus ???
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I would price up alternatives .
    Then phone the cancel number on the price rise email .You want to cancel due to price increase and you can get the same from XXX at Y per month see what they offer .
  • leew
    leew Posts: 731 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I just got the £2.99 price increase letter :(

    I was thinking about leaving before this arrived too!

    I am on the 50mb broadband only package and was paying £27.75 now this pushes it over £30 a month which is too much.

    I shall be ringing them up, no idea who are cheaper though:o
  • When you quit Virgin, be sure to check your credit file that they have closed your account properly.

    I quit my Virgin account just under a year ago and started getting letters from a debt collector in the summer demanding six months outstanding payments Virgin claimed I owed them. After several long phone calls to customer service I thought I'd got the issue resolved and the letters stopped.

    But it's still showing as defaulted on my credit file. The only credit I can get now is at crippling rates of interest, so Virgin will be costing me a fortune for a long time. Wish I'd never heard of that bloody company.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    When you quit Virgin, be sure to check your credit file that they have closed your account properly.

    I quit my Virgin account just under a year ago and started getting letters from a debt collector in the summer demanding six months outstanding payments Virgin claimed I owed them. After several long phone calls to customer service I thought I'd got the issue resolved and the letters stopped.

    But it's still showing as defaulted on my credit file. The only credit I can get now is at crippling rates of interest, so Virgin will be costing me a fortune for a long time. Wish I'd never heard of that bloody company.

    Email the CEO outlining the facts.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    leew wrote: »
    I just got the £2.99 price increase letter :(

    I was thinking about leaving before this arrived too!

    I am on the 50mb broadband only package and was paying £27.75 now this pushes it over £30 a month which is too much.

    I shall be ringing them up, no idea who are cheaper though:o

    Plusnet £17.99
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