Gas Bill Welcome Credit Terms Question

prhino on 31/05/2024 - 10:11

Signed up to a new gas retailer who is offering a $100 credit.

There's some fine print relating to the credit:

"*The bonus credit will appear as an account credit on your first bill, provided that you are still on this HomeSaver plan at that time."

Ideally I want to only stick with this retailer for 1 bill, to take advantage of the credit. Do you think I could select a new provided toward the end of the 2 month billing period, but before the bill is received, and still get the bonus, given that churn doesn't take place until the final bill is issued?

Home & Garden Gas Supply

Comments

Search through all the comments in this post.
  • JimB on 31/05/2024 - 10:19
    -6

    Is signing up just for the welcome credit with the intention of cancelling is a dick move according to OZB?

    I think so.

    Upvote if you agree, downvote if you don't.

    • prhino on 31/05/2024 - 10:36

      I'll be interested to see the results of this 'poll'.

    • freefall101 on 31/05/2024 - 15:47
      +2

      "Won't someone think of the poor gas companies" is not really a common sentiment anywhere in Australia. Ozbargain least of all.

  • FezMonkey on 31/05/2024 - 10:21

    Don't know but for the sake of a few days why would you risk losing the bonus?

    • prhino on 31/05/2024 - 10:37
      +2

      Because if I stay for two bill cycles (which I'll have to, based on gas readings every two months), the welcome credit gets absorbed by the more expensive prices.

      • FezMonkey on 31/05/2024 - 10:53

        You can cancel anytime, they just do an extra reading at that time don't they?

        • prhino on 31/05/2024 - 11:06

          I'm unsure if I'll still get the credit, which is what this post is asking

          • FezMonkey on 31/05/2024 - 11:08

            @prhino: I'm saying cancel a couple of days after the first billing cycle. You've only lost a few days at that point. I'm pretty sure they don't lock you in for the next entire cycle.

            • prhino on 31/05/2024 - 11:29
              +1

              @FezMonkey: They lock you in until the next meter reading, which will be in two months

  • skid on 31/05/2024 - 10:26

    Pretty sure I read a thread in this forum that said that you will not get the credit. Although you are not billed, the credit is calculated off the churn date.

  • Bullion78 on 05/06/2024 - 09:41
    +1

    This is a question for @easternculture as he seems to be the the master at the game of churning.

Login or Join to leave a comment
Login Join