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    Quidco? What is it and how can I save from it?

    Hi, Ive heard alot about Quidco and how people use it to get cashback on items they have bought. Ive never heard of it before I came across this forum, do you really save alot of money? or just a few pennys? how does it work? how much have you saved?

    Thanks in advance
    Razta

    5 Comments

    QuidCo is a cashback website.

    [url]www.quidco.com[/url]

    It is the world's very first cashback co-operative. Other cashback websites give you incentives for aigning up, but they only give you half of the comission they receive from each sale and you have to collect about £25 of cashback before they will pay you. This is where QuidCo is different. They give you ALL of the comission they receive from a sale as cashback, so in most cases that is double the amount of money as anywher else. The amount you receive depends on what the company is and does. Most websites will give you a few % of money back, mobile phone contract sales bring in about £25 and setting up a bank account or online casino account might get you £50 or over, so it really does depend on what you want to do. QuidCo doesn't have a minimum payout limit either, so whether you have £2 or £20 in your account you can get your hands on it. The only think QuidCo takes is your first £5 each year. This isn't much though compared to the extra cashback receive, and you can register free and never pay anything. Whatever happens, you will NEVER lose any of your own money to QuidCo... ever.

    I internet shop quite a bit, i have a quidco account, i have received £50 so far, and have another £70 pending, which I am sure I will receive cos quidco are very good. I have been a member since october, and it's not just pennies.

    I'd heard QuidCo mentioned a lot, but never got around to joining, now that I have (since about Oct) I'm awaiting close on £100 in cashback.. it's one of those places as soon as you do join, you wish you would have sooner - I missed out on a number of my Dell purchases prior to the LCD TV (which got me £15 cashback).

    Well worth signing up, if you don't earn more than £20 you don't pay their annual fee of £5, so you can't really lose if you are buying anyway.

    Dave

    Well worth signing up, if you don't earn more than £20 you don't pay … Well worth signing up, if you don't earn more than £20 you don't pay their annual fee of £5, so you can't really lose if you are buying anyway.



    Not strictly true:

    The £5 admin fee is never charged, but only deducted when a user has earned enough to cover it. It is deducted annually based on your registration date. It will always be deducted from the first payment of your respective year. There is no mention of £20

    I think the £20 was the limit originally set before you could withdraw your cashback, but now you can set it to any amount. The £5 is only taken once, for administration fees for the whole year, to keep QuidCo running without advertising banners or similar.
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