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  • FIRST POST
    • Inigo Montoya
    • By Inigo Montoya 12th Mar 18, 5:30 AM
    • 750Posts
    • 676Thanks
    Inigo Montoya
    Have Iresa stopped paying interest ?
    • #1
    • 12th Mar 18, 5:30 AM
    Have Iresa stopped paying interest ? 12th Mar 18 at 5:30 AM
    Have Iresa stopped paying interest on credit balances ?

    Reason I ask is that I havent been paid any interest since the start of 2018

    Im with them for electric only
Page 1
    • Merlin139
    • By Merlin139 12th Mar 18, 8:40 AM
    • 4,752 Posts
    • 19,298 Thanks
    Merlin139
    • #2
    • 12th Mar 18, 8:40 AM
    • #2
    • 12th Mar 18, 8:40 AM
    I am with them for both for a bit longer still my switch goes through. I have been paid interest on both accounts for the end of Jan.
    • brewerdave
    • By brewerdave 12th Mar 18, 8:41 AM
    • 4,841 Posts
    • 2,013 Thanks
    brewerdave
    • #3
    • 12th Mar 18, 8:41 AM
    • #3
    • 12th Mar 18, 8:41 AM
    I've had interest paid on the end of Feb. balance.
    • Inigo Montoya
    • By Inigo Montoya 16th May 18, 9:39 AM
    • 750 Posts
    • 676 Thanks
    Inigo Montoya
    • #4
    • 16th May 18, 9:39 AM
    • #4
    • 16th May 18, 9:39 AM
    turns out they only pay interest if you give them regular meter readings

    they say without meter readings your balance could be artifiically inflated

    ive left them for solarplicity now anyway due to the recent problems
    (which now look to have been sorted as they are dealing with open tickets very quickly at the moment)
    • brewerdave
    • By brewerdave 16th May 18, 10:32 AM
    • 4,841 Posts
    • 2,013 Thanks
    brewerdave
    • #5
    • 16th May 18, 10:32 AM
    • #5
    • 16th May 18, 10:32 AM
    They appear to calculate the interest before the end of the month ,so if you give them a meter reading on the last day of the month, then you appear to gain a few p extra ,as its calculated before the month's charges are applied
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