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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.

You can find the details of how we calculated these savings in the table below.

Product Potential savings How was the potential saving worked out?
Energy £567 Between 1st October 2015 and 31st December 2015, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £567 or more.*
Broadband & home phone £157 Average Average out of contract costs for TalkTalk Unlimited Broadband, Sky Unlimited Broadband, BT Unlimited Broadband & Calls, EE Unlimited Broadband and Calls, Plusnet Unlimited Broadband & Phone Line at £343.25 per year compared to *CHEAPEST DEAL* at £185.88 per year (includes line rental saver). Correct as of 4th January 2016.
Mobile phones £155 Between 1 October 2015 and 31 December 2015, at least 10% of people who switched 24 month contracts on the following mobile devices with uSwitch saved £155 or more: iPhone 5c; iPhone 5s; iPhone 6; iPhone 6 Plus; iPhone 6s; iPhone 6s Plus; Samsung Galaxy s6; Samsung Galaxy s6 Edge; and Samsung Galaxy s6 Edge Plus. Average saving per year. Correct as of 4th January 2016.
Credit cards £188 Based on a credit debt of £1,200 on the average credit card interest rate of 17.95% (source: Bank of England) transferred onto a 0% interest balance transfer card with the average transfer fee of 1.53% (source: uSwitch balance transfer card table), assuming minimum monthly repayments of 2.25%. Correct as of 14th January 2016.
Total £1,068

That means you could save more than £1,000 with uSwitch!

If you add up all the savings you could make by switching your energy, broadband, mobile phone and credit card with uSwitch, you could save £1,068! Imagine how that could impact your household budget!

*Between 1 October 2015 and 31 December 2015, people who switched energy supplier for both gas & electricity with uSwitch saved an average of £337.