Co-op offer fortnightly/4-weekly direct debits

Stuart_W

Co-operative Energy now allow customers to pay by 4-weekly or fortnightly direct debit if they prefer this to monthly direct debit.

This option is designed to appeal to those who receive their income on a 4-weekly or fortnightly basis (many benefits and pensions are 4 weekly, and the Co-op reckon 3.5 millions workers are paid fortnightly or 4-weekly).

This has only previously been possible with manual standing orders and not on direct debit tariffs.

Co-op_Energy_Website wrote:

We’re aware that ‘one size doesn’t fit all’ and not all our customers are paid on a monthly basis. In many households there is a challenge to manage the bills because the breadwinner is paid every 4 weeks but bills are paid every calendar month. So at some times of the year monthly direct debits are paid out just before the pay goes in. This is particularly common in the retail industry.

http://www.cooperativeenergy.coop/2011/11/06/co-operative-energy-launches-first-tailored-energy-payment-scheme-to-benefit-pensioners-and-3-5-million-british-workers/

meggsy

Plus £50 off first bill for sign ups before 9th December