How does uSwitch calculate its savings messages?
Around the site, you'll see that we use examples of the great savings you could make when you compare and switch with uSwitch.
We think these figures are a good indication of how much money you might be able to save - but because we're all different, you might find that your savings are less or maybe even more than the amounts we use in our examples.
We're transparent in everything we do, so you'll find details of how we calculated these savings in the table below.
|Product||Savings message||How was the potential saving worked out?|
|Energy||You could save up to £314||Between 1st March 2012 and 31st October 2012, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch.com saved £314 or more.|
|Energy||You could save an average of £230||Between 1st July 2011 and 31st October 2011, people who switched energy supplier for both gas and electricity with uSwitch.com saved an average of £230.|
|Bundles||You could save £672||Saving based on switching from separate broadband, phone and digital TV subscription services to a comparable bundle. Separate services assumes standard ongoing annual costs; bundle assumes first year cost. Information correct at 21st August 2012. Terms and conditions apply. The services used in this calculation may not be available in your area|
|Credit cards||You could save £668 by transferring your credit card||Transferring a credit card balance of just over £2,000 with a typical APR of 17.9% and switching to the Barclaycard Platinum Extended Balance Transfer Visa card with 0% on balance transfers for 22 months.|
|Home insurance||You could save up to £68 on your home insurance||All customers using the Quotezone’s (uSwitch's home insurance partner) comparison service between Jun and Dec 2012. The cheapest quote was subtracted from the median (halfway point) quote returned to each customer to produce a 'representative' saving. At least 85% achieved a representative saving of £68. The savings you could achieve are dependent on your individual circumstances and how you selected your current insurance supplier.|
|Energy||Over 2 million people have saved money on their energy bills||Based on the volume of transactions over the last 12 years (2000 - 2011)|