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.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Direct Debit when switching
Bulb are no longer cheapest for me. I am £150+ in credit . Anyone know how they perform in refunding if I switch? Am considering OutfoxThe Market and they have quoted me a monthly Direct Debit but winter is just round the corner. I query whether they will stick by an average for my annual usage or chase the Direct Debit figure when winter usage is higher.
0
Comments
-
Bulb will refund your credit when they have received an industry-validated switch reading from your new supplier. My experience was that they were pretty quick.
As far as OFTM is concerned, you need to look at their terms and conditions which state:
7.2 Paying by direct debit means:
You must keep your account in credit by paying for the supply in advance.
You agree to contact us before the direct debit is taken from your bank account if you believe your bill is incorrect.
We will carry any debit or credit balance forward to the next month’s bill.
You must give us an up-to-date meter reading at least every 30 days.
As you are switching late in the season, then I suspect that your DD payment will increase to cover Winter usage.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
