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$120 Electricity + Gas, $60 Electricity, $40 Gas Cashback at Origin, Alinta, Powershop @ Boost Your Super

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$120 Electricity + Gas, $60 Electricity, $40 Gas Cashback at Origin, Alinta, Powershop @ Boost Your Super
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AssociatedBoost Your Super on 06/04/2020 - 11:14 boostyoursuper.com.au (415 clicks)
Last edited 06/04/2020 - 11:32 by 1 other user

Compare, Switch, Save, Boost Your Super $120

A good time to compare if you are now working from home and likely your energy costs will go up.

Click through to compare up to 14 different energy companies. And if you find a better energy plan and switch, you get to Boost Your Super.
Origin, Alinta, Sumo, Energy Australia, Powershop, Next Business Energy, AGL, Energy Locals, Dodo, Tango Energy, Power Direct, Simple Energy, ActewAGL, OVO Energy.

New Gas & Electricity Signups - Boost $120.00 (Normally $64)
New Electricity Signups - Boost $60.00 (Normally $40)
New Gas Signups - Boost $40.00 (Normally $24)

Bonus amount transaction added 1 day after confirmation of switch.
Cashback may take up to 14 days to track to your Boost Your Super account.

We pay the cashback straight into your super account where it can compound and grow with the rest of your superannuation investment.

Referral Links

Referral: random (11)

Referrers get 20% of the referee's earning for the first year.

Home & Garden Cashback Electricity Gas Superannuation

Related Stores

Boost Your Super
Boost Your Super
Third-Party
Alinta Energy
Alinta Energy
Origin
Origin
Powershop
Powershop

closed Comments

  • jv on 06/04/2020 - 11:17
    +5

    So basically wait 40 years to receive your cashback… No thanks…

    Cashbacks are already tax free savings, so you can invest them any way you like…

    • Click_It on 06/04/2020 - 11:22
      +1

      40 years? I'm a patient man but that's testing my patience!

    • neo on 06/04/2020 - 11:28
      +2

      Oh, I thought you were older than that!

      • jv on 06/04/2020 - 11:30
        +2

        You're only as old as you feel…

    • Whisper Quiet on 06/04/2020 - 14:15

      At the rate super is dropping these days there won't be anything left anyway! Most people have already lost thousands in the last few weeks.

      • jv on 06/04/2020 - 14:50

        have already lost thousands in the last few weeks.

        Really? How man people retired in the last few weeks?

        • Whisper Quiet on 07/04/2020 - 02:17

          Super is held in shares. Stock market drops, so most people will have lost so much. My brother in-law has already lost $30,000

          • jv on 07/04/2020 - 09:14
            +3

            @Whisper Quiet:

            Super is held in shares. Stock market drops, so most people will have lost so much.

            My understanding of shares is that there is no capital gain or loss until you sell…

          • jv on 07/04/2020 - 09:15
            +3

            @Whisper Quiet:

            My brother in-law has already lost $30,000

            He shouldn't have sold then…

            • Whisper Quiet on 08/04/2020 - 01:22

              @jv: Got nothing to do with selling. I've lost thousands too. Looked at in January compared to a few days ago and it's dwindling down by the day. Majority of super is in shares for the different companies. So if they're stock goes down so does your super. You might get a shock if you knew what was in there compared from earlier this year to now.

              • jv on 08/04/2020 - 09:19

                @Whisper Quiet:

                Got nothing to do with selling.

                Of course it has. To lose money, you need to buy and sell. If you sell for more than you buy, you make a gain. If you sell for less than you buy, you make a loss. That's how it works.

                • INFIDEL on 08/04/2020 - 12:01

                  @jv: Have you looked at your current super balance? It can be worrying. (Mine is $0.)

                  But that balance only applies at the time we draw down on the investment - as you correctly point out. It hopefully will again rise with time.

                  If a superannuation fund is called on to pay out super - it can't pay out more than the investment is currently worth at today's sell price on the stock market (shown in your super).

                  Later the share prices will likely recover & the payout amount recorded on your super changes. So no need to be overly anxious - what can you do?

                  A very different situation to a personal investment in shares that you are talking about - where you decide when to buy & sell shares.
                  But you can't get more for your shares than they are currently selling at.
                  In the Dot.com bubble etc, there were plenty of paper millionaires, who found they had nothing at time of selling.

                  Super funds buy & sell all the time, so the current selling price of shares is all that matters when paying out.

                  Something to be considered by those thinking of cashing in $10K of super at the low end of the stock market! It should be worth far more later.

                  • jv on 08/04/2020 - 12:40

                    @INFIDEL:

                    Something to be considered by those thinking of cashing in $10K of super at the low end of the stock market!

                    Also to consider are the once-off tax savings, not normally available…

                    • INFIDEL on 08/04/2020 - 14:03

                      @jv: The $10K was worth a lot more a month or so ago. It is expected to be worth more in the future. So accessing it now is effectively losing money. But may be necessary for those who qualify.

                      What is the normal tax on a lump sum withdrawal…
                      If you're under age 60 and withdraw a lump sum:
                      You don't pay tax if you withdraw up to the 'low rate threshold', currently $205,000.
                      https://moneysmart.gov.au/how-super-works/tax-and-super

                      Main issue is if on a Government benefit, that could affect unemployment benefit, pensions etc under any income or means tests.
                      That's an issue now (hence the new $10K withdrawal not affecting benefits), but may not affect people in normal circumstances.
                      So tax free!

                      Corona Virus lump sum withdrawal…
                      Individuals will not need to pay tax on amounts released – coronavirus amounts are not taken into account under any income or means tests.
                      https://www.ato.gov.au/individuals/super/withdrawing-and-usi…

                      Set up so won't affect government benefits to those who lose work due to the Virus.

                      • jv on 08/04/2020 - 15:26

                        @INFIDEL:

                        It is expected to be worth more in the future.

                        Are you licenced to give financial advice?

                        • INFIDEL on 08/04/2020 - 15:28
                          +1

                          @jv: expected is such a vague term so as to negate the need for licensing.
                          That advice opinion will cost you $25 + GST😉

  • shallows on 06/04/2020 - 11:36

    $200 from powershop over 4 months seems like a better detal.
    https://www.powershop.com.au/online-200-terms-and-conditions…

    • insty on 06/04/2020 - 11:52
      +1

      Expired? "before 31 January 2020"

    • kvt on 06/04/2020 - 11:54

      The details say

      “ To receive the initial $25 off you need to join via this page on or before 31 January 2020. “

    • INFIDEL on 06/04/2020 - 12:00
      +2

      Got the better but expired $150 PowerShop incentive to swap over just electricity in November. A nice saving spread over 4 3monthly credits.

      Although as don't have a smart meter, PS estimates the power use based on others use. Have had to submit weekly meter readings to justify halving their estimate. Requesting a review of their over-estimates is a pain. Avoided if you have a smart meter installed.

      To get the best rates, you need to prepay your energy usage. There is 15% off for paying their estimate of the next 3month bills. So having a reasonable estimate of future use is necessary to stop paying too much.

      It's a complex system to reduce power bills.

    • INFIDEL on 06/04/2020 - 12:03

      That's one of the Expired PowerShop Deals.

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