Quidco - do they ever pay out?

[LaTrucha]

I have £85 supposedly in my account for months, two big chunks from insurance deals. I have made first payments etc to the insurance companies but have not actually got any of my 'cashback'. I could really do with the extra in the run up to Christmas!

They do pay out, but only when the other companies pay them, usually a few months. I never budget on it, just keep it as a nice surprise when it arrives!

In the money in your account and not pending?
Have you checked your settings for minimum payout amount & how often you want to be paid money?

we've always found that they do, but yes, not necessarily when you would expect it - is a nice surprise when it turns up.

It is showing as tracked. I haven't checked settings. I have been randomly paid one small sum of money (£3.87) but not the biggies!

You'll be charged a £5 admin fee when they come through.

Mine take 6 months on average but I've used topcashback as well as they dont charge a fee.

I don't use Quidco but do use TopCashBack and I love it. I have made about £290 this year and have changed it to Amazon vouchers so I can use it for Christmas presents. The majority though is from insurance and none of them have paid out until at least three direct debits have gone through successfully. I would check the terms of each deal because if either of your insurances is with Legal & General or Standard Life then you will probably have to wait for a couple more direct debit payments.

6 months is normal for insurance companies, I imagine they only pay out when you have paid x number of premiums. Although I paid everything upfront for my home insurance renewal last week so I'll be interested to know how long that takes.

I pay the whole year at once, so I don't know if that changes anything.

They have taken the £5.

I suppose I will just have to be patient. I have been wondering if it is relaly just imaginary money though!

When it says "confirmed" it means you'll get paid it in the next payment run (monthly i think) as long as its above your minimum payment. There's a bit that says "your next payment". But yes its real and it works but like PP I don't count on it, just a nice extra when it turns it.

Switch to Topcashback, no admin fee and they pay you a 5% top up if you opt for vouchers over cash. They will also match Quidco if the percentage on there is better.

the insurance ones do take a while :( mine paid out a couple of weeks ago from insurance taken out at end of june

Quidco are good though, they do pay out as long as they get the money from the retailer :)

Some are faster paying now, my £80 Aviva one took about four weeks.

DH was . He's still waiting for his £20 from July.

I've always had them pay out, but some merchants take longer to pay up than others...

Thanks. That's all very interesting and reassuring. They are both still just tracked but i'll look into all the other bits you've suggested.

the only ones I've had not pay (in about 5 years of using quidco) were a couple when I returned part of the order (clothes and shoes) and also la senza who went bust before they paid quidco

my insurance was with the rac and it came through for both policies eventually :)

Thanks!

My insurance I took out in April was paid yesterday!

Hi, have you given them your bank details?

Yes. I have had a very small payment in the past.

In my experience they do pay out. But yes, some companies take months to go from tracked to paid.

I also once had a random decline (company would only pay on amount less VAT but Quidco calculated and tracked the full amount. I raised a dispute and it was sorted, but do keep an eye on things like that.

Finally, do you have your account settings set up to pay you regularly? I used to keep a balance in Quidco which was a nice and satisfying "pot" but I eventually decided it was a risk as there's no guarantee that they wouldn't just randomly chance their T&Cs or go bust so now I just get ad hoc monthly payments as and when.

I love Quidco though it does encourage me to buy more stufff