Paying Annual Dues On An Ad Hoc Basis.

[Mr Tom Morrow]

I have my Contracts linked to a Credit Card so every January I get billed for the whole lot.

That Credit Card gives me cashback (MBNA Horizon) but this year it would suit me to pay £500 in advance every month instead thus ending up with a zero balance due come Jan 20.

Is it possible to do that as when I checked the Members website it says if I am 'auto enrolled' then it can't be done.

Or is it a case of ringing Member Accounting?

Many thanks.

[YorkshireT]

Originally Posted by Mr Tom Morrow

I have my Contracts linked to a Credit Card so every January I get billed for the whole lot.

That Credit Card gives me cashback (MBNA Horizon) but this year it would suit me to pay £500 in advance every month instead thus ending up with a zero balance due come Jan 20.

Is it possible to do that as when I checked the Members website it says if I am 'auto enrolled' then it can't be done.

Or is it a case of ringing Member Accounting?

Many thanks.

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Not sure about the auto enrolled- does it stop you paying in advance? Have you gone onto pay dues then pay by contract and just tried making a payment and it gives you the warning there is no balance do you want to pay anyway? That is what I do, every month. If the auto enrolled doesnt allow you to do that, then ring them up and get it removed?

[YorkshireT]

So I first select this:

Then I select this and just pay against each contract:

I have three visible under this one as same use year.

For each one select 'pay other amount' and put in how much you want to pay.

I noticed there is also a 'manage autopay' button so maybe you can just switch it off there is it is preventing you from accessing these.

[Mr Tom Morrow]

YT. Thank you I will try it tomorrow and let you know.

We have both contracts showing on the website albeit one also has another 6 sub contracts

[YorkshireT]

Originally Posted by Mr Tom Morrow

YT. Thank you I will try it tomorrow and let you know.

We have both contracts showing on the website albeit one also has another 6 sub contracts

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You'll have to try and tally up how much dues will roughly be on each one at the end of the year.

[Mr Tom Morrow]

YT. Good speech. I'm not concerned with clearing it to absolute zero but I am on a Spring cleaning purge with finances and I think it will help me budget better as opposed to having to find £5K+/- in January.

[YorkshireT]

Originally Posted by Mr Tom Morrow

YT. Good speech. I'm not concerned with clearing it to absolute zero but I am on a Spring cleaning purge with finances and I think it will help me budget better as opposed to having to find £5K+/- in January.

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Very sensible- whilst I don't have to find 5k, I find it immensely helpful to just clear it in advance- last January I think I had about $200 only left to pay. Much better than having to pay it in one go, you don't lose much by way of interest and hedge the exchange rate.

[Andi]

Hopefully you will be able to pay the amount off the contracts as and when you want as shown by YorkshireT.

Although I have my Halifax Clarity Card linked to my DVC online account I have been able to make payments each month for the last couple of years, which means when the bill arrives I only owe a very small amount.

[Mr Tom Morrow]

Originally Posted by Andi

Hopefully you will be able to pay the amount off the contracts as and when you want as shown by YorkshireT.

Although I have my Halifax Clarity Card linked to my DVC online account I have been able to make payments each month for the last couple of years, which means when the bill arrives I only owe a very small amount.

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Thank you. Now that 2 of you say yes it looks like I was overthinking it and can now go ahead.

Basically my Wife puts some of her Pension into a separate account each month but of course I can see it via online banking and always have the urge to use it.

[mental4ever]

Thanks for this information as I was unaware that you could start paying towards next year’s fees. I have $1450 saved on my Revolut Card and I must admit I’m a bit nervous that someone could hack the account. I will certainly be transferring this ASAP.