Paying household bills with a Credit Card
 

It's not something I've ever thought about as I use Direct Debit with Chequing Account.

Who pays household bills with a Credit Card, it must be better if the CC gives you points?

Re: Paying household bills with a Credit Card
 

I guess it may well have changed since the SVT stopped decent deals but you used to get penalised for none DD . Not sure if that is still the case

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a quick google for octopus says this

Cheaper Rates for Direct Debit:
Octopus Energy offers slightly cheaper rates for customers who pay by Direct Debit because it costs them less to manage these accounts

---------- Post added at 00:11 ---------- Previous post was at 00:10 ----------

https://octopus.energy/help-and-faqs...-direct-debit/

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of course the points could well be of a higher value than the extra charges though worth investigating. Please let me know the results hahaha

Re: Paying household bills with a Credit Card
 

Sometimes you can authorise recurring payments from a credit card but in the past I’ve found these harder to cancel than bank debits. Also I’ve only ever used such things to renew an annual subscription for something rather than a monthly bill.

I’d also observe that once you start to push absolutely everything through your credit card, you use up your credit limit much more easily, so you need to make sure your card can cope. One of the benefits of a credit card is you have the ability to pay an emergency bill and then adjust your monthly repayments to spread the cost. It’s not so easy to do that if your entire credit limit is used up on regular stuff.

Re: Paying household bills with a Credit Card
 

recurring payments would not benefit you. I would set it up and pay monthly manually if there was no penalty

Re: Paying household bills with a Credit Card
 

I actually pay Octopus off every month using my credit card.
I dont pay extra because I have a DD set up with them, they just never use it.

Re: Paying household bills with a Credit Card
 

i pay using my debit card, i've never had a credit card.

Re: Paying household bills with a Credit Card
 

Maybe Octopus need to edit their info pages then haha. Good though. I will asked them about it on X :-) they are good on there

---------- Post added at 08:54 ---------- Previous post was at 08:11 ----------

Octopus reply makes sense


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So Snoopz go for it nothing stopping you but you would be better to pay as you go.

Re: Paying household bills with a Credit Card
 

Alot of of interesting info here thanks.

My mistake was thinking I could setup a Direct Debit with my Credit Card so if I can't do that it probably isn't worth the hassle because I don't want to pay more for none Direct Debit bill payment.

Re: Paying household bills with a Credit Card
 

I've always paid by DD, an equal payment each month, as it gives a slight discount and makes accounting easier. At least it did until all these price hikes started.

Re: Paying household bills with a Credit Card
 

I thought you were on one of the smart tariffs? only the Flexible costs more

Re: Paying household bills with a Credit Card
 

I am on Tracker but I thought if someone doesn't pay by direct debit there is an extra charge, whether it's virgin media or octopus or any other company.

Your comment seems unrelated to my question. :D

Re: Paying household bills with a Credit Card
 

Re: Paying household bills with a Credit Card
 

Yup, us too - we get 1.5 Avios points for every Pound spent, and get a free Companion Voucher (which is valid for two years) if we spend over £15k in a year (which is easy to do); plan B is a Barclaycard Avios card (for places that don’t take Amex), and we get 1 point per Pound spent.

Re: Paying household bills with a Credit Card
 

Did you miss the quote where I actually asked Octopus who is your supplier I believe ?

Re: Paying household bills with a Credit Card
 

Re: Paying household bills with a Credit Card
 

His comment seems directly related - Octopus told him you dont pay extra for non DD payments unless you are on flexible - you are not, you're on Tracker, so you could pay by CC every month if you wanted. However, you have to do it manually, there is no automation for CC payments.

Re: Paying household bills with a Credit Card
 

I think so as you quoted Paul's message originally and then later quoted me so I was confused as I was just skimming the thread. :D

Re: Paying household bills with a Credit Card
 

I've always paid by Direct Debit, the exception is my Xbox Live Ultimate which comes off my credit card.

Re: Paying household bills with a Credit Card
 

What's a credit card

Re: Paying household bills with a Credit Card
 

It's what poor people have instead of money.:)

Re: Paying household bills with a Credit Card
 

Re: Paying household bills with a Credit Card
 

Lol, or what clued up people use when buying stuff and are sensible enough to be able to pay it off in full each month.

Re: Paying household bills with a Credit Card
 

^^^
This

We only do this, or if it’s good value against comparative goods/companies, interest free credit (for example, bought my Pixel 8 Pro on interest free credit over 18 months with John Lewis, as they were also offering £125 off as well (cheapest on the market at that time), and just bought our replacement dishwasher on AO on interest free credit over 12 months) - I’d rather it was in my bank account than theirs (also helps keep our credit rating high, as all payments are by Direct Debit and credit cards are paid off in full each month).

Re: Paying household bills with a Credit Card
 

You also get insurance for the full price of the item if anything goes wrong thanks to section 75 of the consumer credit act, whenever I get a new car I pay the deposit on a credit card, often to the dealers chagrin but if they object too strongly I go elsewhere as the full cost is covered, providing its between £100- £30000 iirc

Re: Paying household bills with a Credit Card
 

I do it for Amex points but as has been said you HAVE to pay if off each month otherwise it costs you.

Re: Paying household bills with a Credit Card
 

Indeed, and even better, they pay me cashback for using it/them as well.

Re: Paying household bills with a Credit Card
 

"We" *never borrow money its a sure way to make sure that you will make someone else rich , *well at least since prohibition , according to family stories. Guess we will never know for sure

Re: Paying household bills with a Credit Card
 

Re: Paying household bills with a Credit Card
 

You always remember your first one fondly.

Re: Paying household bills with a Credit Card
 

I remember my first million ...... it was in italian Lire in 1995. :D
We went to Italy for a few days, you got about 3000L to a pound.

Re: Paying household bills with a Credit Card
 

Was that because the last time Republicans introduced such severe tariffs was at the same time (Smoot-Hawley), which worsened the great Depression in both the USA and worldwide?

Re: Paying household bills with a Credit Card
 

Re: Paying household bills with a Credit Card
 

Story has it that our profits increased for no apparent reason at that time it seems that we did a lot of business with Cuba . #