can i set up a standing order from my credit card

pampam

Can i set up a standing order from my credit card?

I have a cashback credit card and I would like to pay my regular monthly bills such as council tax & utility bills by standing order on the card. That way I will get some cashback.
Does anyone know if this is possible and how I could set this up?
Thanks
pam

dzug1

No it's not possible

What you can do is contact your suppliers and give them authority to deduct the payments from your card on a continuing basis.

I should warn you though that in the case of council tax in particular and some utility bills they will either not take a credit card or make a surcharge for doing so which will negate any cashback.

pampam

Thanks for that. I will contact them and check if there would be any charges.

CLAPTON

continuous authority on credit cards can only be cancelled by the supplier and NOT by you (unlike a DD on a current account)

so I would advice that this is not in your best interest

Rupert_Bear

dzug1 wrote: »

No it's not possible



I should warn you though that in the case of council tax in particular and some utility bills they will either not take a credit card or make a surcharge for doing so which will negate any cashback.

In that chase I must be lucky because for the last three years I have paid my council tax by credit card and water bill for the last 2 years and no surcharges. Also always get my cash back,

Lovely jubbly!

Linda32

Our council used to take credit card payments for less than £50.00 without charging, so I used to use my Egg Money Card as it was then.

You had to pay it manually on their website, so I did two payments of £50.00 and one of £16.00 never had any complaints. I just paid on or around the date they asked.

Some might find this abit of bother to do, but it never bothered me. Now our council charge for any amount on a credit card so I don't use my card.

The utilities might not charge, I guess it depends on the company. The best way I can see is if you have qty bills where you pay the whole balance, see if you can pay by credit card then.

I'm all for getting cashback where I can but I'm on direct debit now for Gas and Elec, and six monthly direct debit for the water bill.

JimmyTheWig

CLAPTON wrote: »

continuous authority on credit cards can only be cancelled by the supplier and NOT by you (unlike a DD on a current account)

so I would advice that this is not in your best interest

This _shouldn't_ be a problem with reputable organisations like your local council, I wouldn't have thought.

I still doubt that they'd allow you to do it, however.
And in most cases it is cheaper to pay utilities by direct debit anyway.

Nice ideas and worth asking. But doesn't usually work.

JohalaReewi

You can pay your TV licence with a credit card, and prescription prepayment certificate without an extra fee. Handy if you can get cashback. You may find with utilities that not only will they charge you extra for not paying by direct debit, they could also charge an additional credit card handling fee.

More and more government agencies are taking payment online and some are taking credit cards with no additional fee so it's worth checking before you pay.

Not found any taking Amex though

CLAPTON

JimmyTheWig wrote: »

This _shouldn't_ be a problem with reputable organisations like your local council, I wouldn't have thought.

I still doubt that they'd allow you to do it, however.
And in most cases it is cheaper to pay utilities by direct debit anyway.

Nice ideas and worth asking. But doesn't usually work.

maybe maybe not
but disputes do sometimes arise with local authorities and utilities and giving them unlimited access to your money seems a little unwise and not worth the cash back

w211

JohalaReewi wrote: »

Not found any taking Amex though

I wouldn't think anyone would take Amex because of their high fees.

I recently paid my self assessment tax, and paid by debit card.

They would charge a 1.4% surcharge if paid by credit card, which I was planning to do. Though the Capital One I've got gives 1.25% so I lose out (and I'd have to spend over £10,000 a year to get that amount anyway), and Amex would give 1.5%, but they don't accept that anyway.

JohalaReewi

w211 wrote: »

I wouldn't think anyone would take Amex because of their high fees.

Larger organisations can negotiate better rates with Amex to bring them inline with the likes of Visa and Mastercard. One would hope the British Government could do the same.