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DD vs qly bills

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Luisa1981
Luisa1981 Posts: 91 Forumite
Hiya,

I'm considering switching to paying utilities via DD instead of on bill.

I don't know though, which is the most cost-effective.

Does anyone have any views?

Thanks!

x
Disgruntled saver (hating low interest rates) who LOVES a good survey and a freebie!

:snow_laug

Comments

  • Wywth
    Wywth Posts: 5,079 Forumite
    Luisa1981 wrote: »
    Hiya,

    I'm considering switching to paying utilities via DD instead of on bill.

    I don't know though, which is the most cost-effective.

    Does anyone have any views?

    Thanks!

    x

    http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity :)
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,392 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DD is (almost always) cheaper, but get a monthly payment plan so it's the same every month and no nasty shocks.
    A kind word lasts a minute, a skelped erse is sair for a day.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Most (though not all) of the cheapest online discount tariffs require fixed monthly DD payment, so if you insist on quarterly billing you are potentially paying for a more expensive tariff.
    Quarterly billing of course gives you a longer period of credit-that's about the only benefit.
    No free lunch, and no free laptop ;)
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