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Re: More Daily Clicks added

We've added a further six "daily click" offers today, bring the current total to 11 :thumbup:

Any other obvious ones that we're missing?
by richard@imutual
Tue Feb 15, 2011 10:50 am
 
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Filippo Berio Olive Oil

Get 2 x £1 coupon here:
http://www.filippoberio.co.uk/myberio/

The 250ml bottle is now half price £1.59 in Tesco (or £1.79 in Sainsbury's) so just 59p or 79p using the coupon!
by Sarah
Sat Jun 01, 2013 6:55 am
 
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New Tesco family living magazine online

page.3
40p off alpro
50p off cushelle
£1 off udis bagels
25p off Ts milk
50p off nakd snack bars

40p off lotus biscuits p33
and 25p off Tescos milk P.97


http://viewer.zmags.com/publication/edf ... edfffabc/2
by expressman33
Mon Mar 10, 2014 4:49 pm
 
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Re: 1 week deal worth up to £446 incl gift card + cashback @ Sky

[quote="superman"]Looks good.[/quotNah, costs money and that money is lining Murdoch's pocket
by blythburgh
Fri Mar 21, 2014 9:14 am
 
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Re: Anyone know what's up with Rpoints?

kevinchess1 wrote:Anyone know what's up with Rpoints??


Where to start....????
by Luke_PieStalker
Mon Apr 28, 2014 5:21 pm
 
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100% cashback minus £45m

Regulars here will know that whenever either of the big 2 cashback "behemoths" publish their accounts, I like to post a summary and commentary (last done here ). I do this for two reasons:

- To demonstrate to our shareholders the potential size of our company's market
- To highlight the difference between imutual and traditional companies

The latest company to report is topcashback, and the highlights of their accounts to 31/01/2014 I will pick out are:

- Revenue increased from £30.8m to £37.5m
- Cashback paid out = £32.8m
- Dividends of £1.4m paid to the 2 directors
- £255k paid in corporation tax
- Admin overheads steady at £3.6m . 90 Staff as at 31 Jan

Below you'll see a summary of the respective results for ourselves, Quidco and tcb over the past 5 years. I think the notable points are:

- Total revenues between the big 2 are £320m+ and still increasing! It shows that imutual has a big market to compete in
- Despite being known as "100% cashback sites", they kept £45m of the revenue, £30m of which was spent on overheads and nearly £10m has been taken in dividends.
- £3.7m has been paid out in corporation tax

Comparisons with imutual are difficult, of course, due to the fact that we are really just starting out and are a small fraction of their size. Plus there are things the "big 2" provide that we don't, such as mobile phone apps and insurance comparisons. Nevertheless, we do maintain a similar range of online cashback deals (with only 3 staff) and I'd like to think we've established a reputation amongst our members of being more reliable.

So I think the key question is: how would imutual be different if we achieved a similar size to the big 2? I think we'd differ in a number of ways:

- Lower overheads : we currently operate an equivalent online cashback service for < £100k
- Lower director's remuneration : Of course at some point, I'll need to earn more than the average £8500 annual salary I've taken over the past 4 years :( but I can't see it ever reaching the heights of £700,000! Unless we merge with Nationwide :twisted:
- Higher cashback rates . Why generate big profits and the resulting tax bill of £3.7m when you can just increase the % of cashback you pay out to members?
- More reliable . If we had such significant surpluses, why would we ever refuse to pay out a member's cashback unless we had reason to think they had not met the offer conditions?

And how can I be sure that we'd behave so differently? Because we have no outside shareholders. You lot own the company and can keep directors fully accountable. I don't think you'd let me have it any other way :eek:

I hope you find the above of interest and that it provides motivation for persuading others to join and support our revolutionary mutual model of cashback.

As ever, I'd welcome your thoughts and questions....
by richard@imutual
Sun Oct 05, 2014 10:05 am
 
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Re: Website issues

And me
I checked with This
And it was down :thumbdown:
by kevinchess1
Mon Sep 05, 2016 10:36 pm
 
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Re: Best Instant Access Rates

TSB are reducing the amount and interest they pay,



We’re making some changes to your Classic Plus account. These changes will start from 4 January 2017. This email explains what these changes are and what you need to do next.

Your interest rate is reducing

Your Classic Plus credit interest rate is reducing. The table below shows you what your new interest rate will be:


Your current rate
5.00% AER/4.89% gross variable
Paid on balances up to
£2,000

Your rate from 4 January 2017
3.00% AER/2.96% gross variable
Paid on balances up to
£1,500

So reducing from 5% to 3% and only on £1500 From January :thumbdown:
by kevinchess1
Wed Oct 12, 2016 1:13 pm
 
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