Quidco question

Schizophonic · 10 Sep 2009 at 22:25

Just got some money in my Quidco now and i want to transfer some of it back to my bank account.

I've just looked through my profile and its set at Minimum Payout (£):10.00
Threshold for payment of earnings

Does this mean it will transfer £10 everytime i have more than or equal to £10 in my quidco account?

vanandjuanunited · 10 Sep 2009 at 22:26

yes it will

Schizophonic · 10 Sep 2009 at 22:32

thanks - how often will it do this? Every time i sees more than £10?

Currently i have about £70 in quidco and will it make 7 individual transactions?

Berserker · 10 Sep 2009 at 22:33

You'll get 'about £70' last week of September/first week of October - assuming you've paid your £5 annual fee already. If not, it'll be 'about £65'.

vanandjuanunited · 10 Sep 2009 at 22:36

sorry meant it would only trigger a payment when your funds exceed the set limit. Explained better above

Danger Phoenix · 10 Sep 2009 at 22:54

When it comes to pay time (as Berserker said, last week of the current month or first week of the next month) it will check if you have more than £10 in earnings. If it has then it will transfer the amount. If it doesn't then it will wait till the following month's payment cycle to do the check again

I have set mine to £0.00 as I prefer to have the money as and when it is ready rather than wait till it accumulates in Quidco.