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However, if you are willing to put in a little effort at the beginning to set everything up and do you research, you can actually make big rewards for very little effort in the future. After being annoyingly targeted by marketing companies with premium rate numbers he decided to make money from cold calls with his own higher-rate phone number. As I would sit down to relax I would always get cold-called about PVC windows, PPI claims and other services that I didn’t want, need or even sign up for.As cold call companies sometimes just make up 01 & 02 numbers to call I thought, if I got a 08 they would stop. I phoned Plusnet & changed my Leeds 0113 number, phoned-up Leeds Council Tax, Yorkshire Water, NPower etc and removed my 0113 and gave them all my 0871.Then over the next few days & weeks when they sold on my data to “trusted third parties” I started getting cold calls on my 0871, so in-fact they started to make me money.Moneymagpie: How much money can you potentially make?You as the owner of the number get a revenue share for operating the line.
If you want to listen to Lee’s interview with Jeremy Vine go here.Phonepay Plus regulates premium rate (or phone-paid) services in the UK.