27/11 (expired): Valid Argos, GAME, Zavvi, TRU, Disney
- eayragt
Excluding VAT, therefore the minimum spend is more than £50.
- joshp
Min Spend is potentially £62.5 based on VAT Rates charged on various items
- bavi014
Top comments
luvclub
27 Nov 1652#42
Hi Jack,
Since Quidco is marketed at non-business customers/members and the majority of your merchant partners are linked to their non-business websites, then why are you still calculating your cashback rates based on the net value (excluding vat) of purchases?
I could only imagine it is to exaggerate the cashback percentage or in the case of these similar promotions to confuse some members in to believing they still qualify if they purchased the lesser amount.
There is no other plausible explanation.
Regards,
Quidco member
luvclub
27 Nov 163#51
Yes, but the cashback rate is negotiated between Quidco and the merchant.
Practically all items sold by all merchants charge 20% vat (excluding mainly food sales, children's clothes, insurers), so it is unreasonable to apply the method for the minority of merchants who sometimes sell at less than 20% vat on the majority of merchant sales that always charge vat.
If for example a merchant wished to offer 6% (£6) on a £100 (net sale) and the item is listed everywhere on their website as £120 (incl vat), then why state it is 6% cashback and not 5% of £120 (also £6)?
2 options:
6% cashback (small-print stating excl vat)
5% cashback (far easier for the member but doesn't look as good)
Obviously the only reason is that the 6% option looks much better.
noseley
27 Nov 163#5
has anyone's previous £10 tracked? mine hasn't spent £39.99 too.
All comments (134)
genemeanie
27 Nov 16#1
Ps if any mods can improve the links then feel free to.
bigtricky
27 Nov 16#2
Voted hot though they've upped the spend to £50 now.
eayragt
27 Nov 16#3
£50 spend, remember the VAT disclaimer (even though it usually doesn't apply).
Opening post
£50 spend, need to opt in to get it.
28/11: Valid with Argos, Very, Debenhams, M&S. http://www.quidco.com/incentives/bonus-department-ten/?
27/11 (expired): Valid Argos, GAME, Zavvi, TRU, Disney
- eayragt
Excluding VAT, therefore the minimum spend is more than £50.
- joshp
Min Spend is potentially £62.5 based on VAT Rates charged on various items
- bavi014
Top comments
Since Quidco is marketed at non-business customers/members and the majority of your merchant partners are linked to their non-business websites, then why are you still calculating your cashback rates based on the net value (excluding vat) of purchases?
I could only imagine it is to exaggerate the cashback percentage or in the case of these similar promotions to confuse some members in to believing they still qualify if they purchased the lesser amount.
There is no other plausible explanation.
Regards,
Quidco member
Yes, but the cashback rate is negotiated between Quidco and the merchant.
Practically all items sold by all merchants charge 20% vat (excluding mainly food sales, children's clothes, insurers), so it is unreasonable to apply the method for the minority of merchants who sometimes sell at less than 20% vat on the majority of merchant sales that always charge vat.
If for example a merchant wished to offer 6% (£6) on a £100 (net sale) and the item is listed everywhere on their website as £120 (incl vat), then why state it is 6% cashback and not 5% of £120 (also £6)?
2 options:
6% cashback (small-print stating excl vat)
5% cashback (far easier for the member but doesn't look as good)
Obviously the only reason is that the 6% option looks much better.
All comments (134)
so you have to wait for it to be confirmed
mine didn't track at all had to put a claim in