Is this a change that the ESB have made? I pay my ESB by direct debit from my credit card and have done for years.
I shall look into that, thanks.Is this a change that the ESB have made? I pay my ESB by direct debit from my credit card and have done for years.
Indeed. I guess the ESB don't want to loose 2.5% to the banks.You don't have to pay interest if you clear the credit card bill before the payment due date.
Withdrawing cash incurs an immediate interest charge for you.hmm - never tried using my cc in the post office but I assume if it came to the worst you could make a withdrawl of cash from your credit card and use that?
Don't think this is correct. I withdrew a small amount of money from Visa in error and this incurred an interest charge. This is why only preloaded cards should be used for holidays.You don't have to pay interest if you clear the credit card bill before the payment due date.
I'm trying to figure out the reason for using a CC to pay the ESB.
Correct.One of two reasons imo - you don't have the cash and need to use a cc or you do have the cash and want to use your cc as an effective money management instrument. Technically if you pay all regular bills such as Esb, phone, grocery, petrol etc. buy cc each month, leave your wages/ salary on deposit , then when you get your cc bill clear it completely and on time using the money on deposit, you will have saved a few euro.