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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Do Octopus charge for paying on receipt of bill?

2»

Comments

  • I pay a £3 per month DD, but i make monthly card payments. I only have the DD set-up to get the cheaper rates.
    Why £3 per month DD rather than £1 ???

    Haha, so i set it at £70 and have it reduce by the £66/£67 support thing. Once the £66/£67 ends the DD will be changed to £1 again. I didn't wanna set it at £66/£67/£68 and get confused and make any errors, to thought £70 will cover myself for the deduction.

  • Hi,
    from Octopus,

    Why are tariffs sometimes cheaper if I pay by Direct Debit?

    We pass savings to customers however we can, and different methods of payment are more expensive for us to manage.

    Not having a Direct Debit (and instead Paying on Receipt of your Bill) costs us more in admin and managing your account. We don't think it's fair to make everyone cover that extra cost, so we sometimes have cheaper rates for those who choose to pay by Direct Debit.

    Because we operate a lean and efficient business you’ll still get a great price if you choose to pay a different way.




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
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K 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.