VHI on credit card

bonzos

Registered User
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Hi folks, we usually pay our health insurance monthly from our family joint account (€230pm) but this time around I'm considering paying the entire cost up front on my credit card. Up until recently I always had a fairly large balance on my credit card but I became structured and paid off almost €1k a month off and cleared it. I'm now thinking why not continue paying the €1k a month and have it paid for in less than 3 mths rather that the monthly direct debit. Personally I don't like direct debits and want to only have my mortgage and phone bill set up monthly. Good or bad idea?
 
You don't save anything by paying VHI up front however if you get in the habit of doing so then if you switch to another provider you can avoid a charge for those paying monthly (maybe it's 3%?).
 
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