Small changes in the way you buy home broadband can save you hundreds of dollars each year.
Most broadband contracts expire after 12-24 months. At this point, the user can update, find a new provider, or do nothing.
Survey conducted by Ofcom shows that about 35% of his 7.4 million broadband users in the UK choose to do nothing when their contracts expire .
Instead, the customer maintains loyalty and continues to make monthly payments to his current broadband provideras an out-of-contract customer. When prices go up, they just pay more.
These loyal customers end up paying more for broadband than they should. Ofcom calls this a "loyalty penalty".
Broadband Genie, a broadband expert and his senior executive in PR and Marketing, spoke with Alex Tofts.
Alex said:
“For those willing to shop atand switch providers, the savings are typically much higher. Households often save hundreds by switching. We will save.”
Despite this advice, about 7 million UK households are still suffering losses.
Instead of switching and taking advantage of competitive referral deals,we see our broadband bills increasing year over year.
For years, Alex has been helping ordinary people hunt for the best broadband deals and save hundreds of dollars in doing so.
He shares his 8 simple things anyone can do to ensure low-cost, high-speed broadband.
He includes a way to save without necessarily switching providers. There are also approaches that state benefit claimers can use to cut their broadband bills by up to £200.
1. Remember to get the best deals
The first tip is incredibly simple.
Alex says:
2. Familiarize yourself with available broadband deals
Alex recommends using comparison sites online. Familiarize yourself with what is available a few weeks before your contract expires.
Broadband Genie,MoneySuperMarket and Uswitch are all useful for customization. Search based on price, speed, and provider.
That way, if you decide to renew your contract or make a new deal with a different provider, you'll be sure to get the best deal.
3. New customers get the best deals
"Unfortunately, being loyal to your provider doesn't mean you get the best rates on the market."
To get the best rates, Alex } We recommend that youswitch providers and become a new customer.
New sign-up offers currently include a £110 prepaid Mastercard (BT), £50 billing credit (Shell) and no setup fee (Sky).
4. Don't switch to save money
Save big by updating to your current provider, even if you're happy with your current provideravailable provider.
Alex says: "In most cases, if you cancel your subscription just before the notice period ends, your provider will contact you to offer you a better deal.
" You don't even have to answer the phone. Most providers are happy to renegotiate terms via live chat, email, or social media.
You can save up to £210 on your bill foryears just by negotiating for yourself.
5. Save big with broadband bundles
Internet and other services such as TV packages, home phones,cellular plans Broadband deals that bundle together are great
but Alex said these packages are only worth considering if you're sure you'll be using all parts of the bundle.
6. Beware of free gifts - some are worth £100
Competition for broadband customers is fierce. As such, providers often offer free gifts such as Amazon vouchers, prepaid credit cards, and billing credits to encourage sign up.
Alex ``Make sure your rewards provide you with real value. Shopping vouchers from unused stores are not very useful. Remember that is often required to be picked up and expired.”
The average incentive value is around £100.
7. You may not need a super fast connection.
Faster broadband usually costs more, but depending on your usage, you may not need the fastest service available.
Alex says: "If you're happy with your current speed, target this level for your next broadband deal.
" "To find out which speed is right for you, take theBroadband Speed Test to see what you are currently getting."
It is also important to recognize if circumstances in the home have changed, for example if a child has moved out. is.
8. Sign up for cheaper social rates - save £240 a year
Check out social rateswith these broadband packages and certain benefits Discounts were created for people with
often available to people receiving income assistance, universal credit, and disability benefits.
Alex says: “Although approximately 4.2 million households are eligible for lower social tariffs, only 55,000 households are taking advantage of these lower tariffs.
This means that nearly 90% of all new households are not enrolled, missing out on potential savings of £240 per year.”
Rates start at £12.50 per month.
