We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What's the *smallest* OP you've made?
Options
cake21
Posts: 1,039 Forumite
Just curious how many other people make tiny overpayments like me 
(you can pick more than one option, for those who use both methods)
(you can pick more than one option, for those who use both methods)
What's the smallest overpayment you've ever made? 57 votes
£100 or more (online/post/automated 'phone call)
15%
9 votes
£100 or more (branch/on phone to real person)
5%
3 votes
£50-£99.99 (online/post/automated 'phone call)
10%
6 votes
£50-£99.99 (branch/on phone to real person)
3%
2 votes
£10-£49.99 (online/post/automated 'phone call)
10%
6 votes
£10-£49.99 (branch/on phone to real person)
5%
3 votes
£1-£9.99 (online/post/automated 'phone call)
24%
14 votes
£1-£9.99 (branch/on phone to real person)
8%
5 votes
Less than £1 (online/post/automated 'phone call)
14%
8 votes
Less than £1 (branch/on phone to real person)
1%
1 vote
0
Comments
-
I made an online payment of £1.09 to round a year end mortgage balance of £59,501.09 to £59,500.00.
Not sure if I'm sad for making the £1.09 or sad for knowing without having to check that it was £1.09.
Financial Bliss.Mortgage and debt free. Building up savings...0 -
my regular payment is 404.56 and I round it up to 410 every month so 404.56 leaves the bank DD and I pay 5.44 with my debit card via their payment helpline monthly. At the end of the month I then OP a little more most months but sometimes not.MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
0
-
My smallest has been approx £400 because that's the smallest amount our lender (Abbey) has said we can pay. If we were allowed I would be OPing every day with little amounts, so addictive I need a daily fix!!
Lady xx0 -
financialbliss wrote: »knowing without having to check that it was £1.09.
Wow. I don't know whether to :beer: or :eek:
Your username is truly appropriate 0 -
My smallest has been approx £400 because that's the smallest amount our lender (Abbey) has said we can pay. If we were allowed I would be OPing every day with little amounts, so addictive I need a daily fix!!
Lady xx
That's definitely an :eek:
Do you make little "OP"s to a designated savings account instead? I'm doing that at the moment as I can't OP any more until January - hence desperately needing a fix and starting silly threads on here 0 -
I would overpay to get the cheapest interesting number on my monthly payment. Running digits ie £567.89 or £679.01 perhaps alternating digits like 797.97. I am on a tracker that went up to 6% so I had to get my overpayment kicks one way or another.
J_B.0 -
I have to admit, during the first few years after uni, mine was a regular DD of £50, so I think thats the lowest. Although it has varied between £100-£150 of OP.
When I came out of my fixed term, I chose to go for the slightly higher interest rate, but it would allow me to pay more than the 10% a year! Otherwise it would have certainly capped what I could have overpaid, especially as its under £4k now :P
M0 -
I used to round the standing order up to a whole number of ££, more for convenience than anything.0
-
Well... you know the answer ... 29p!
:rotfl: Well if Nationwide lets me transfer less than a £1 and I have less than a £1 to transfer in... why not! I'm currently OPing 50% of money raised from found money/ vouchers/ interest/ £2 coins etc I get. I think the 29p (50% of the cost) was from buying biscuits in Tesc0 - paid for by a giftcard I got from a survey site so the matching grocery money got transfered. :rotfl:
As a certain supermarket says... every little helps. Even if I only OP £5 a month that pays off my mortgage 5 months earlier! :jMortgage free as of 12/08/20!
MFiT-5 no 45You can't fly with one foot on the ground!0 -
sometimes I like to round the balance down - but I do all our overpayments online - don't think I would have the courage to go into the branch and do it!weaving through the chaos...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards