I watch my money closely and review all of my utility bills every month for mistakes and rate hikes. Today I found that Comcast jacked my rate up to $62.95 for internet only. WAY too much!
I called customer service and was on hold for quite some time. After speaking to an agent I threatened to cancel my service due to the hike. I was transferred to the retention department who has the power to discount your account to more reasonable levels.
I made my case as I had AT&T U-Verse up on my screen. They were showing a promo price of $29.95 per month for a year then $48 per month thereafter. It was the same speed as my current Comcast connection and a lot cheaper. AT&T was my bargaining chip.
After a brief hold Comcast offered me $42.95 per year. I took it since I did not want the hassle of cancelling them, install/scheduling AT&T, and having to buy a new modem. My price is good for a year and they will retroactively credit my account since the $62.95 already went on my credit card for this month.
A 15-minute phone call saved me $20 per month or $240 for the next 12 months. That is a great use of my time! I get to keep my same service and equipment with no hassle aside from the call for the next year. I did this last year also. I will continue to do this every year if I have too.
Don't pay too much! Don't site back and just accept rate hikes! Make the companies compete for your business. It costs them a lot more than $240 to acquire a new customer. They will do everything within reason to keep you as a customer. Finally there is no contract for my rate adjustment. It is a simple discount.
Save Big on your Comcast Bill!
Labels: expenses, hustle, utilitiesby Frugal Backpacker on Monday, February 13, 2012
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