Refer a friend loophole

Mstty

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

[Deleted User]

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

Mstty

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

[Deleted User]

Mstty said:

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Mstty

[Deleted User] said:

Mstty said:

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Good to know real life experience of timescales but if doing this for monetary gain I would chase this as per their terms and conditions 👍

If we weren't in a fix I would be trying this for real to report back here how it all went and even with a couple of months wait for the referral reward would look to do this 4 times in a year for a £200 reward especially with the faster switch process now in place.

Cheers for your input.

bristolleedsfan

[Deleted User] said:

Mstty said:

Dolor said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

Mstty

bristolleedsfan said:

[Deleted User] said:

Mstty said:

Dolor said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

That's really good seems the same with Eon Next refer a friend scheme so could be a fair few extra quid in this for people switching on the government EPG Standard variable rate.

[Deleted User]

bristolleedsfan said:

[Deleted User] said:

Mstty said:

Dolor said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

The evidence suggests otherwise M’Lud:

bristolleedsfan

Mstty said:

bristolleedsfan said:

[Deleted User] said:

Mstty said:

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

That's really good seems the same with Eon Next refer a friend scheme so could be a fair few extra quid in this for people switching on the government EPG Standard variable rate.

.......  Paid - 16 February 2023  Join date: 7 February 2023   I think he took a hint and made a payment to trigger referral credit soonest

There is a rule that someone has to wait 28 days in between switches

[Deleted User]

bristolleedsfan said:

Mstty said:

bristolleedsfan said:

[Deleted User] said:

Mstty said:

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

That's really good seems the same with Eon Next refer a friend scheme so could be a fair few extra quid in this for people switching on the government EPG Standard variable rate.

.......  Paid - 16 February 2023  Join date: 7 February 2023   I think he took a hint and made a payment to trigger referral credit soonest

There is a rule that someone has to wait 28 days in between switches

Correct. There is an industry block on any attempt to switch within 28 days of a switch. I suspect that this to ensure that databases etc are updated etc.

Mstty

bristolleedsfan said:

Mstty said:

bristolleedsfan said:

[Deleted User] said:

Mstty said:

[Deleted User] said:

Mstty said:

Something I have been thinking about with the return of £50 payments for referring a friend etc to the referer and referee.

It appears many of these rewards are paid when the first DD is made or sooner.

So what is to stop people switching to one then another and making themselves and a friend £100+ in these tough times.

I wouldn't mention this to less energy savvy people just those that know their usage/calculations and fancy earning a bit of free cash and no different from the touted bank switches in the MSE newsletters.

Not with Octopus it doesn’t. I referred my daughter to Octopus in early Nov and we both got a referral credit about 2 1/2 months later.

That's very interest eon next is on payment of first DD payment. I thought I read on Octopus terms and conditions it was a similar timescale. Might be worth you chasing that up.

Read below @dolor and give Octopus a nudge as it appears it is the same and should have been paid to you and daughter some time back on payment of the first DD.

https://octopus.energy/help-and-faqs/articles/i-have-a-question-about-octopus-pound50-referrals/

It has been paid but not as quickly as some people are expecting. My previous 2 referrals in 2021/2 also took in excess of two months. I would expect a supplier to wait until the transfer of supply is confirmed and the new account has been set up.

Octopus system automatically schedules and pays referral credits after 1st payment has been made, if new customers make first payment later than other customers referral credits get added later.

That's really good seems the same with Eon Next refer a friend scheme so could be a fair few extra quid in this for people switching on the government EPG Standard variable rate.

.......  Paid - 16 February 2023  Join date: 7 February 2023   I think he took a hint and made a payment to trigger referral credit soonest

There is a rule that someone has to wait 28 days in between switches

Nice cheers for the extra info about 28 days between switches makes sense. 

I would also be tempted to go back and forth once with my name and once with partners etc.

Would probably do this during summer months as well as whole bill payment easy to deal with and pocket some away in bank account to build up winter credit.

Only for energy savvy people of course.