Could anyone tell me if there is a maximum amount of credit I can have on my account at any one time e.g Can I have a balance of £1000 on both my gas and electric>
I would like to know this also
Just looked it up on google looks like a £250 limit on each
Userlevel 1
No. The £250 is the maximum daily amount you can put on in one go.
Userlevel 1
May sound a silly question do you get interest ?
If you had been with OVO DD they used to pay interest on credit balance which rises
every year heard of people getting 4% .Stopped it for new customers now
I know Martin Lewis mentioned with old pre smart meters with certain companies they allow credit
against price at time but smart meters dont
Userlevel 4
No. The £250 is the maximum daily amount you can put on in one go.
That’s correct,
Whilst the maximum balance allowed on each meter would depend on your exact meter type,
If you reach the limit of your meter’s balance the remaining credit would remain on the key/card until the next time you choose to top-up your balance and update the unit rates.
I hope this helps.
Hi
so my silly wife Topped up our electric key not realising that there is a limit on meters and can’t put credit on the meter
is it ok that the credit is on key still and is there a limit to how long it can be on there
Userlevel 6
+2
Hi
I’ve moved your comment over to this similar thread. Check out Jess’ comment about this here:
No. The £250 is the maximum daily amount you can put on in one go.
Whilst the maximum balance allowed on each meter would depend on your exact meter type, £250 would be the maximum allowed on your key/card.
If you reach the limit of your meter’s balance the remaining credit would remain on the key/card until the next time you choose to top-up your balance and update the unit rates.
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