Internet and online subscriptions are a key household outgoing for many people, particularly after a year spent indoors. However, it seems Britons could be unknowingly spending more than they need to for their broadband, as well as subscriptions such as Netflix and Amazon among others.
As part of Channel 4 documentary How to Save a Grand in 24 Hours, TV host Anna Richardson has shared her handy hints on how people can reduce their spending.
Although internet and service subscriptions often come with a set price tag, it seems existing customers can reduce costs.
When it comes to broadband internet costs, the majority of UK spenders fork out between £30 and £40 a month.
However, this could be slashed in half with one very simple move.
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These deals can even be snapped up by existing customers, regardless of how long they have been paying their service provider.
“Companies depend on newcomers and rely on old customers’ laziness,” explained Anna.
She pointed out how new customers are frequently offered an array of deals for joining, meanwhile old customers “get nothing”.
She continued: “If you’re serious about saving money just keep checking the deals.”
Customers can then speak directly with their provider to discuss whether or not they can claim this deal or question why it is not offered to them.
If not, there is also the option of creating a new account and becoming a “new” customer in order to snap up a saving.
In a similar vein, money saving expert Martin Lewis has also previously recommended Britons keep an eye on how much they are being charged for internet.
He recommended checking the best deals and maybe switching to another provider where you can pay less for better speeds.
However, the service providers and subsequent costs are dependent on postcode.
Martin recommended customers should only pay for the internet service they need. People should avoid paying for a faster connection unless it is vital for their household.
For example, if the internet is used for basic tasks such as emails, then a standard average speed of 11Mb should be sufficient.
Although for a family where everyone is accessing the internet or for gaming, switching for a faster fibre deal may be better.