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 £350||Between 1st June 2013 and 30th November 2013, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch.com saved £350 or more.|
|Energy (dual fuel)||You could save an average of £175||Between 1st June 2013 and 30th November 2013, people who switched energy supplier for both gas and electricity with uSwitch.com saved an average of £350.|
|Energy||Over 2 million people have saved money on their energy bills||Based on the volume of energy switches over a 12 year period (2000 - 2011)|
|Broadband, TV & home phone||You could save £604||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 30th August 2013. Terms and conditions apply. The services used in this calculation may not be available in your area.|
|Credit cards||You could save £706 over 27 months by transferring your credit card||Transferring a credit card balance of £2,000 with a typical APR of 16.9% and switching to the Barclaycard Platinum 27 Month Balance Transfer card with 0% on balance transfers for 27 months.|
|Home insurance||You could save up to £72 on your home insurance||Based on 49,607 customer quotes using the Quotezone’s (uSwitch's home insurance partner) comparison service between Oct-Dec 2013. The cheapest quote was subtracted from the median (halfway point) quote returned to each customer to produce a 'representative' saving. At least 50% achieved a representative saving of £72 or more. The savings you could achieve are dependent on your individual circumstances and how you selected your current insurance supplier.|