Scottish Power Pay in Advance

tony221149

I take my electricity and gas from Scottish Power. Today in the post they are offering me the option to pay one year's power bill in advance and get a 5% discount on their standard monthly direct debit prices.
Now call me a cynic but with savings rates around 1% this must be too good to be true. What's the catch?
Tony.

1carminestocky

This has been discussed before, I'll try and find the thread.


Edit: There you go:

http://forums.moneysavingexpert.com/showthread.html?t=1611337&highlight=scottish+power


Basically, it would appear to be rather 'dodgy' for most folk...