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Realign payback seasons so that the Christmas payout comes in November

By: harrrrrry | 10-04-2019 09:49

Currently payback seasons run from December to May and June to November. Actual payback is paid out in the next following month, so payback is actually paid towards the end of December and January

One of the supposed benefits of having a 6 month season is that accumulating payback allows the member to use the payment for something more significant than they could otherwise achieve with individual monthly payments. However, this breaks down because probably one of their biggest meeds would be to help with the Christmas season. A payment in late December is too late to help much for that.

Consequently I'm suggesting:

  • that for 2019 only, the second payback season be reduced to 5 months, ie June to October, allowing final payout by the end of November
  • for 2020 and subsequent years, payback becomes November to April (with actual payback towards the end of May and November).

In addition to helping members, I suspect this will also help staff and agents, as December and the New Year are probably busy times for them. It will also mean that if circumstances force a delayed payment (as happened in 2018) it will be seen as less of a catastrophy for those that were relying on a payout in time for Christmas.



by: quinl15
on: 03-06-2019 20:45

qhat is this all abiut

by: quinl15
on: 03-06-2019 20:45

qhat is this all abiut

by: quinl15
on: 03-06-2019 20:45

qhat is this all abiut

by: blueleather
on: 02-06-2019 13:54

I wouldn't really mind.

by: tradertall
on: 02-06-2019 13:37

I'm ambivalent about this. Payback can be used for January sales too.

by: ukrun
on: 01-06-2019 12:47

Let it be as it is

by: giffgaff20147
on: 01-06-2019 10:45

hello it may be better for some but I like it way it is now

by: pwincess2k13
on: 31-05-2019 18:47


by: lpwilliams
on: 30-05-2019 06:29

Would be really useful paid in November and May. Also like idea of quarterly payments.

by: padiho
on: 29-05-2019 13:29

I've always received mine before Xmas and holidays, I really don't think it makes too much difference when we receive it