Best way to pay TV licence ?

MORPH3US

Ok, I see where you are coming from but if you pay monthly DD you are paying for one month blocks in advance so surely the same should apply for quarterly!

M

gromituk

When you start to pay monthly, at the start of a licence period, you pay approx. twice as much for six months. After this, you've paid for the first licence six months into it. You then start to pay 1/12 of the licence fee each month in perpetuity, and by now you are paying for the next licence, six months in advance, and you will continue to pay for this for a year, so that you will finish paying for it six months in arears.

I think if you pay in four (or is it three?) month blocks then you don't play catch-up at the beginning by paying more, so you're always paying in arears. Hence the interest charge.