This was posted 5 years 11 months 13 days ago, and might be an out-dated deal.

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amaysim Energy $125 Credit off Your First Bill and $125 Credit after 12 Months

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WINTER250

Came across this offer while searching for some energy deal. Similar to previous deal which has expired "Beat the chills and switch your electricity before May 31! Use promo code WINTER250 to receive $125 credit off your first bill and $125 credit after 12 months. Offer available to new & existing amaysim customers only."

Save up to 40% Pay on time discount off usage & supply charges, depending on your location. Pay on time discount applies to the daily supply charges which may be beneficial to low usage individuals? Other energy providers offer lower cents/kWh with usage discount but discount does not apply to daily supply charge.

Full T&C:
Promotion period: From 12.00am (Sydney time) on 29 May 2018 to 11.59pm (Sydney time) on 31 May 2018.
Who is eligible? New amaysim electricity customers who sign up to a new amaysim energy electricity plan and use the promo code WINTER250 when signing up at https://www.amaysim.com.au/energy or by calling up 1300 808 300 and mentioning this offer (Eligible Customers) are eligible for the Promotion Benefits.
Promotion Benefits Eligible Customers who enter the promo code WINTER250 when signing up will receive $250 worth of bill credits on their new amaysim energy electricity account. This is provided as a $125 credit on the first bill and a $125 bill credit on the Eligible Customer’s first bill after 12 months.
Terms and conditions - Available to new amaysim energy electricity accounts only. One per residential address. - The $125 credit on the first bill will only be applied after the Eligible Customer’s energy service has been successfully switched to amaysim.
This process may take up to 90 days. Customers can check the progress of their energy account via myamaysim or by calling 1300 808 300.
- All other conditions of the amaysim Energy Market Terms & Conditions and relevant price fact sheet apply to the customer’s agreement with amaysim.
- Not to be used with any other offer.
- Limit one per Eligible Customer.
- Not redeemable for cash.
- If Eligible Customer ceases to be an amaysim energy customer within 12 months of switching in, the balance of any credits in relation to this offer will be forfeited.
- Promotion subject to change without notice and may be withdrawn at amaysim’s discretion.
- Promotion benefits may be withdrawn if payment fails at any stage.

Referral Links

Referral: random (469)

$10 credit to both the referrers on Unlimited Plans and referees. Referee needs to provide referrer with their email address.

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closed Comments

  • Perfect timing as we are looking to change from Lumo.
    Can anyone with Amaysim confirm if they have a Daily Usage Meter that you can view in your account?

    • +1

      If you are in VIC with a 'smart' meter - yes

  • Ausgrid market rates for NSW with Amaysim are not good when you look into the finer details. Always check what your usage is (and type such as TOU).

  • The peak usage cost per kWh is 30% more expensive than AGL.

    • +1

      dude that statement means nothing or is not the same to most other people. realy depends on ur location and distributor. Everyone's rates are different.. lucky for me I'm on a single rate and its cheaper than my current even before the discount. Other thing I like is discount is off supply charge as well.. all other retailers only provide discount off usage

  • Not wa

  • +3

    Total ripoff company

  • +3

    Be wary of their billing system. You will not get 40% off because of the way they bill. Im not even going to wait for the 12 months to get the 125 because i need to spend too much time arguing with them on the phone. Going to contact ACCC and ombudsman because of them also.

    • Yep 100% agree.

      The customer service has been terrible. I'm currently in a process with the ombudsman about this.

      Avoid.

  • They had a deal for $100 last week. I signed up - still haven't received any confirmation email.

  • The best way to get a great rate is to sign up to switch and wait for the phone call from your current supplier. I got $50 credit ($100 total) on both my gas and electricity for staying with Energy Australia plus got moved to the highest discount plans. Plus their customer service is awesome.

  • +4

    As alluded to earlier they have a weird billing system. The "pay on time discount" is calculated on your current bill and is applied as a credit to the next bill. Also the $125 welcome credit is a rebate applied to the un-discounted full rates so it's worth about 40% less than it seems. Say your first bill daily and usarge charges subtotals $126, you'll get $125 rebated, you will owe $1 and earn a 40 cents "Pay on time discount" to be credited to your next bill. This is their way of kicking you into having that perpetual forward discount. Subsequent pay on time discounts are calculated on the full subtotal and applied as a credit (not a rebate) after the subtotaling.

    • it's not weird, it's straight up deceptive in my books.

    • I also found out the hard way about this - agree 100% with everything in your summary. Borderline scam.

    • +1

      So the $125 will cost you $43.75 of discounts making it worth only $81.25. Then after a year you get it again so in effect it's not $250 but $162.5. You also loose the 35% discount on your final bill when you leave. May still be worth it if your bill is low.

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