We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Car Insurance Monthly or Annually

2»

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    gazfocus wrote: »
    No I'm not. I'm asking whether its better to pay a bit more over the course of a year for the benefit of having spare cash in the bank.
    No, it isn't.

    Save money now. Do without for a week or two if necessary. Then start saving each month for next year's annual premium.
  • deutsch
    deutsch Posts: 398 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    find an insurer who doesn't have a credit card fee charge.
    pay insurance in full using credit card
    make sure credit card is 0% and pay back more than the minimum so when 0% ends, you don't owe much.
    hide credit card so no more further spending.
    if you can get 0% credit card....
  • bouncydog1
    bouncydog1 Posts: 2,696 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    No brainer - why on earth would you want to pay £80 more? Pay it and be done with it thn start saving for next years premium now!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.