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Forums Payment cards American Express Amex and Octopus Energy

  • 61 posts

    Hello

    Does octopus energy still take Amex does anyone know . Also I’m sure I read somewhere on this website that there was a referral link so me and the referrer get £50.00 credit on the bill .. is this still active, if so can head for points send me the link

    Thanks

    277 posts

    https://share.octopus.energy/fresh-light-37

    this should do it.

    And yes you can top up with Amex.

    1,227 posts

    Yup if you have iPhone you can top up directly via Apple Pay too

    1,070 posts

    The trick is to set the direct debit at £1 and then top up as needed.
    As others said, yes you can use Amex.
    I don’t do that now. I top up with Zilch which offers 2% cashback on top of my Chase offering 1% (just need to add Chase as the underlying card on Zilch).
    Get £5 to join Zilch (I’ll get another fiber): https://customers.payzilch.com/signup?inviteCode=c2KwCI

    108 posts

    I was never able to reduce my direct debit amount without loosing the entire direct debit discount. I’m assuming others have not faced this issue.

    633 posts

    I was never able to reduce my direct debit amount without loosing the entire direct debit discount. I’m assuming others have not faced this issue.

    I’m with the white label Co-op Energy, and pay in full monthly by Direct Debit. So I get the discount, but can also top up my account at any time by Amex.

    10 posts

    Confirmed Octopus still take Amex. I have a direct debit of £1 per month and then pay the rest on my BAPP – few thousand extra Avios each year!

    Here’s a link for a little extra on switching:

    https://share.octopus.energy/dusk-liger-455

    318 posts

    Yep. We are £5 pm dd, rest is Amex top up.. way to go. BT/EE the same…

    744 posts

    What’s the point apart from SUB spend? Octopus is hardly competitive of late.

    875 posts

    What’s the point apart from SUB spend? Octopus is hardly competitive of late.

    I believe the tracker still going strong? I havent tested it accross the market so cant state for certain.

    77 posts

    Agile and outgoing is a great combo on octopus. 15p/kwh for any exports and around 10-15p/kwh for any grid power used as long as it’s not between 4&6pm. Clearly helps to have solar and a battery but can be good for those who can minimise use at the peak rate. Overnight rate is sometimes negative, ie get paid to put the washing and dishwasher on overnight.

    Another referral link if anyone wants it. https://share.octopus.energy/kind-emu-257

    609 posts

    What’s the point apart from SUB spend? Octopus is hardly competitive of late.

    Better rates than British Gas, but predominantly it allows me to double dip on Avios using Fronted.

    1,086 posts

    As far as Octopus, I asked to be put on a variable direct debit then kept my account topped up more than my usage. They haven’t taken anything by direct debit in over a year. Gas tracker has been very lucrative since December saving me £160, it hasn’t been above the variable rate in that time.

    For electricity Eon have become much more competitive although their IT is lightyears behind Octopus. Eon NextDrive v3 is 6.9p 0000-0700 and 29p 0700-0000 with 56p standing charge, export is 16.5p if you have import. With my 17.2kWh of battery storage I’m load shifting well over 90% of electricity usage to the low rate and exporting as much as I can. My electricity usage for the last six weeks is £21 taking into account export and that includes the quite frankly ridiculous standing charge!

    295 posts

    Sticking with Agile for now but the Eon rate is looking tempting for winter.

    I can’t believe these enormous export rates – often higher than the import rate for long periods – will last.

    633 posts

    Eon NextDrive v3 is 6.9p 0000-0700 and 29p 0700-0000 with 56p standing charge, export is 16.5p if you have import. With my 17.2kWh of battery storage I’m load shifting well over 90% of electricity usage to the low rate and exporting as much as I can. My electricity usage for the last six weeks is £21 taking into account export and that includes the quite frankly ridiculous standing charge!

    Is Eon “clever” enough to know whether or not you own a car?

    Seven hours at 6.9p overnight is significantly better than my parents are paying for Nightstore.

    1,086 posts

    You don’t need a car Andrew, says so in the terms, EV or Solar system.

    https://share.eonnext.com/lemon-elk-1145

    131 posts

    The trick is to set the direct debit at £1 and then top up as needed.
    As others said, yes you can use Amex.
    I don’t do that now. I top up with Zilch which offers 2% cashback on top of my Chase offering 1% (just need to add Chase as the underlying card on Zilch).
    Get £5 to join Zilch (I’ll get another fiber): https://customers.payzilch.com/signup?inviteCode=c2KwCI

    How are you getting 1% with Chase through Zilch? On my Chase account the Zilch transactions show as not eligible for cashback.

    1,058 posts

    I have both my gas and electricity on the Octopus Tracker tariff since the 1st July last year and have constantly saved 30 to 35% compared to being on the price cap on a monthly basis since.

    1,086 posts

    @Harrier25 Because I have 17.2kWh of battery storage, with the 7 hour window on Eon I can load shift almost all my usage to 6.9p. Today when we have had a fair amount of cloud I have used only 0.2kWh at peak rate. Tracker for electricity wouldn’t come close, my average unit rate for the last 6 weeks is 8.8p, £35 in total excluding standing charge and I’ve exported £21.

    131 posts

    Any how many thousands of pounds does 17.2kWh of battery storage cost?

    1,086 posts

    @Toaster Cost £8k, returning about 10% PA. Currently recouped 25% of my investment. Solar panels I should break even in 3.5 years, about a year to go.

    1,058 posts

    @strickers, yes realised that when reading your post again, so changed my post to a generic one, but clearly not before you saw my original post.

    6 posts

    Does zilch still have the cash back for octopus? and have you had any issues with zilch? @rui n

    131 posts

    29th July 2024 at 16:31×
    QUOTE
    thepointsflyer 6 posts
    Does zilch still have the cash back for octopus? and have you had any issues with zilch? @rui n

    I’ve used Zilch a few times for Octopus, it’s still 2%.

    1,070 posts

    Yes, Zilch still works and no issue with it.
    My referral link still works too!

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