Genuine question: why are you saying that saving on your bills is nonsense?
Take energy for instance:
- new tariffs come up pretty much every month from suppliers trying to gain customers from their competitors, so if you’re a new customer you almost always have an economical advantage if you switch (signup bonus, lower tariffs or some other welcome gift)
- it is something that is very easy and quick to do
- the exit fees are often £0 or at most they’re a small amount (generally less than a month of your bill)
- there is no stress or inconvenience associated with it, I’ve never heard of a customer being left without electricity or heating because of a switch and nobody has to come into your house
- if you do it once a year you’ll probably save between £100-£250 (based on your usage) and if you really want to squeeze some more maybe do it every 3 months
Why is that considered “nonsense” by some community members is something I would like to understand. The best argument I got so far is that you don’t like it because it is also a revenue stream and somehow that feels dirty, even though it is actually a win-win situation? (keep in mind we compare all suppliers without any bias based on how much the commission is).
What we see from the feedback besides this forum (the volume is 100x larger) is that people want actionable, step-by-step ways to save or make money, because seeing all their accounts in one place with categorised spending is a solved problem, something that even the Barclays app does as well as a hunderd other apps on the store.
We always try to innovate and be ahead in terms of pure budgeting features. Some of you may remember we were the first app to introduce automatic subscription detection and budgeting with custom date ranges (that subsequently everyone copied poorly). In the next couple months, we are going to ship some new tracking features that we’ve been working on and don’t exist in other apps.