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How much more are older Australians paying for Tinder Premium?

  • August 13 2020
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How much more are older Australians paying for Tinder Premium?

By Cameron Micallef
August 13 2020

Older Australians swiping for love are paying up to five times more for the privilege, a consumer advocacy group has warned.

How much more are older Australians paying for Tinder Premium

How much more are older Australians paying for Tinder Premium?

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  • August 13 2020
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Older Australians swiping for love are paying up to five times more for the privilege, a consumer advocacy group has warned.

How much more are older Australians paying for Tinder Premium

A 60-person mystery shop investigation by consumer group Choice has found that prices change for different uses of Tinder’s premium service.

The difference between the lowest and the highest price was huge. A straight male over 50 in a metropolitan area was given the price of $34.37 for one month – almost five times as much as a queer female under 30 in a metropolitan area, who was offered the same service for $6.99, Choice found. 

On average, people over the age of 30 were offered prices that were more than double those given to people under 30, as in the US. 

There were also large price variations within these age groups, ranging from $6.99 to $16.71 in the under-30 cohort and $14.99 to $34.37 in the over-30 one. Choice said it didn’t see a pattern that could explain these differences.

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“Without letting customers know, Tinder charges wildly different prices to different groups of people,” Choice director of campaigns Erin Turner said.

“We can’t say for certain with our sample size of 60 Tinder users, but prices could also be affected by any of the other data points we know Tinder has: your sexuality, gender, where you went to school, location or your personal interests. 

“This heavily personalised pricing approach is great for companies as they maximise how much they can encourage someone to spend. But it’s terrible for customers,” Ms Turner noted.

Choice has since made a formal complaint to the Australian Competition and Consumer Commission, asking the regulator to investigate the dating app for potential breaches of consumer law. 

In a reply, Tinder confirmed price changes based on a variety of factors, highlighting that it is free for the majority of its members.

“However, we do offer a variety of subscription options and paid a la carte features designed to help our members stand out and match with new people more efficiently,” A Tinder spokesperson told nestegg.

“Tinder operates a global business, and our pricing varies by a number of factors. We frequently offer promotional rates, which can vary based on region, length of subscription, bundle size and more. We also regularly test new features and payment options.”

How much more are older Australians paying for Tinder Premium?
How much more are older Australians paying for Tinder Premium
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About the author

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Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

About the author

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

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