Manchester-based fintech Frost has announced the expansion of its automated provider switching tool Save Assist to include broadband switching services.
The announcement comes in response to Money Saving Expert’s reports of a typical 17.3 per cent broadband price hike in April, leaving consumers struggling to keep up with their bills.
Save Assist aims to save households hundreds of pounds each year by providing consumers with the latest information and best deals. With the addition of broadband switching to its roster of capabilities, Frost is tackling the rise in bills by identifying promotional discounts and alerting consumers to upcoming contract changes. By using Frost, individuals can make smarter choices about their spending.
The Frost app lets consumers view real-time price comparisons and switch providers, where beneficial. Individuals can also track their monthly spending and usage of broadband packages to generate a more tailored plan which meets their needs without overspending.
In addition, Frost highlights greener broadband options, showing more sustainable providers with cheaper tariffs. This feature is particularly beneficial for consumers who are interested in making the switch to a greener lifestyle. Frost also plans to plant trees in customers’ names for in-app referrals, while forming alliances with the greenest companies in each sector to get its users the best price.
The launch of Broadband Switching on the Frost App comes as millions of customers worldwide are being hit with significant price hikes due to increasing demand for faster and more reliable internet services, which requires significant investment into infrastructure and increased operational costs. With the Frost App, it is now easier for consumers to dodge these price spikes whilst maintaining a high level of broadband service.
Frost founder Pawel Oltuszyk said: “We are proud to be offering such a valuable tool to our customers during these uncertain times. By providing an easy-to-use platform that empowers individuals to make better financial decisions, we hope to help millions of households regain control of their personal finances.”
