TV Licence and Council Tax won't let me pick DD date

FIRSTTIMER

These are the only two that I cannot get to be changed to coincide with my pay date. They only allow specific dates. Is this the norm for everyone else?

societys_child

Yup, in my experience, they always decide when payment is due.

FIRSTTIMER

Hmm 22nd and 25th it is then!

Zero_Sum

C tax i can choose either 1st, 8th, 15th, 23rd or 28th

FIRSTTIMER

Similar. I wanted 26th, they only have 1st, 8th, 15th or 25th. I like all my bills/savings out on pay day.

YorkshireBoy

FIRSTTIMER wrote: »

I like all my bills...out on pay day.

Recipe for disaster!

Much better a week or so later in case there are problems with the BACS system (as has happened in recent times), thereby giving you chance to fund the bills account from your emergency fund account.

FIRSTTIMER

I have an emergency £4k overdraft

YorkshireBoy

FIRSTTIMER wrote: »

I have an emergency £4k overdraft

Circa 19.9% EAR or up to £3 per day?

What's the interest rate on your emergency fund account?

LobsterMemory

Would they apply charges if it was a BACS problem?

FIRSTTIMER

I have had it for 15 years and not once had a bacs problem with payroll

Takmon

You would be better off opening another account such as a Santander 123 Lite account to get cashback on your Direct Debits. The setup a standing order to pay the amount required to cover all your bills.

You can then have your council tax coming out on the 1st for example a few days after your paid.