Half of Brits not organised with household bills

With recent price rises in food, energy bills and other household costs, an increasing number of Brits are getting their finances in order to cover the mounting expenses. However, a study by TopCashback released today reveals that, despite this, around half of Brits don’t organise their bills or coordinate them with payday and around a quarter are getting caught out by costs they haven’t budgeted for.

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Brits and Household Bills

London (PRWEB UK) 9 June 2014

On the plus side, more encouraging results found that 92 per cent now pay their household bills by direct debit, ensuring the balance is cleared in good time and more than three-quarters receive ‘e-bills’ to avoid paper-related costs.

Other key findings revealed that:

  •     21 per cent of North West residents are still paying extra for paper bills
  •     East Midlands residents are the most savvy when it comes to reviewing their household bills, with 87 per cent doing so annually
  •     The West Midlands has the largest number of residents who struggle to pay their household bills

The full set of statistics is displayed in the Brits & household bills…in numbers infographic.

  •     ENDS    -

Notes to Editors
Results based on a survey of 1,109 respondents
Case studies are available upon request

Media contact
For information about TopCashback.co.uk, consumer-spending insight and access to hundreds of consumer case studies, please contact press@topcashback.co.uk or call Lindsey Casey, Francesca Williamson or Anna Hammond on 020 3489 6464.

About TopCashback (http://www.topcashback.co.uk)

TopCashback.co.uk, the UK's most generous cashback site, passes up to 105% of the commission rate that retailers pay it - to advertise their products and services – back to its members. The site has more than 3.5 million members, which is more than double the amount of members in the last two years alone.

TopCashback includes more than 4,000 merchants, from high street big names to smaller, niche online sellers. £3.1 million cashback is earned by TopCashback’s members each month, with £600 million worth of transactions passing through it each year. Consumers effectively get, on average, a 7% discount on each transaction they make simply by clicking through to their chosen retailer via TopCashback.co.uk, instead of going to the retailer’s website directly.

TopCashback also provides consumers with discount codes and vouchers, which can be used in conjunction with earning cashback. In 2012 it launched seven product-comparison tools, covering credit cards and insurance policies, which uniquely find the cheapest, and most appropriate, products for consumers’ needs while paying the commission rate to the individual as a cashback rebate on top.

In January 2013 TopCashback was the first cashback site to provide consumers with access to money-saving services through mobile phone camera technology with its ‘Snap & Save’ service, which gives shoppers cashback on in-store purchases.

In June 2013 TopCashback launched ‘TopCashback Plus’, which enables members to get the very best, unrivalled rewards from their shopping. Plus members receive 105% cashback on all purchases and fast-track customer service in addition to a host of other features. The ‘TopCashback Classic’ free service is still available to members inclusive of all its original benefits.

TopCashback.co.uk was named Britain’s 98th fastest growing private company in The Sunday Times Virgin Fast Track 100, in December 2013. In 2012 it ranked 35th in the league and in 2011 it ranked 5th.


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