Rename
My apologies for strong language in previous review- I wanted to updated this.
I personally do dislike the name-change of this app from "Wagestream" to just "Stream"- it's so confusing! Wagestream is recognisable and a brand name- honestly I don't think the rename works.
It's a good service generally TBH but I think it was fine before.
It's confusing trying to find information online now. The word "stream" is literally everywhere why on earth would just have a single word as the name of the app when it fine before?
I personally do dislike the name-change of this app from "Wagestream" to just "Stream"- it's so confusing! Wagestream is recognisable and a brand name- honestly I don't think the rename works.
It's a good service generally TBH but I think it was fine before.
It's confusing trying to find information online now. The word "stream" is literally everywhere why on earth would just have a single word as the name of the app when it fine before?
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Displeasure.
I sent money since 5pm today and I hasn’t reflected till now. And I need it
Virtually pointless
Something has changed since the last time I used Stream, particularly in the way available earnings are calculated.
After 18 days, Stream tells me I have accumulated only £165 in available earnings, despite my actual net salary earned over that period being around £1,500. My gross earnings are, of course, higher still. £165 as a mid-month earnings figure is laughable and makes the service virtually pointless.
More concerningly, I discovered only after completing the transaction that the money would be deducted across two paycheques, September and October, rather than being recouped entirely from my next paycheque as previously. This was not made sufficiently clear before I completed the transaction.
Looking at some of the other financial products now advertised through the app, I am also concerned that Stream appears to be moving away from its original earned-wage-access model towards something resembling a payday-loan business model. That is a significant change in direction and, in my view, risks turning a potentially useful employee benefit into something predatory.
I will not be using Stream again. I also intend to raise my concerns with my Trust and ask them to reconsider including Stream in its staff benefits package.
After 18 days, Stream tells me I have accumulated only £165 in available earnings, despite my actual net salary earned over that period being around £1,500. My gross earnings are, of course, higher still. £165 as a mid-month earnings figure is laughable and makes the service virtually pointless.
More concerningly, I discovered only after completing the transaction that the money would be deducted across two paycheques, September and October, rather than being recouped entirely from my next paycheque as previously. This was not made sufficiently clear before I completed the transaction.
Looking at some of the other financial products now advertised through the app, I am also concerned that Stream appears to be moving away from its original earned-wage-access model towards something resembling a payday-loan business model. That is a significant change in direction and, in my view, risks turning a potentially useful employee benefit into something predatory.
I will not be using Stream again. I also intend to raise my concerns with my Trust and ask them to reconsider including Stream in its staff benefits package.
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🧐
Just thought I’d see what this was about, only for it to enroll me in saving £20 a month I didn’t ask it to do.
Not impressed. So as soon as it’s set up I shall be cancelling it.
Not impressed. So as soon as it’s set up I shall be cancelling it.
Lifesaver!
Wagestream provides a lifeline to access my wages earlier in these difficult times, which enables me to pay my bills on time.
