• Victor@lemmy.worldEnglish
    14·
    6 hours ago

    You’re saving on your premium by paying automatically with a bank account. Changing payment methods may result in a premium increase.

    Explain again how I’m saving on my premium? 🤔

    • zewm@lemmy.worldEnglish
      2·
      4 hours ago

      It’s $2 vs $5 if you pay with bank.

      $5 here is the premium price and $2 is the discounted price.

        • zewm@lemmy.worldEnglish
          1·
          4 hours ago

          Every time you make a payment you will be either

          $2 with your bank $5 with other payment methods

          Over a year this will result in the paying

          $24 with your bank $60 with other payment methods

          The increase to your premium over 1 year will be $36 by using a non bank method.

          • Victor@lemmy.worldEnglish
            2·
            3 hours ago

            Still doesn’t explain what “premium” means. English isn’t my first language. 😁

            Don’t worry about it, I’ll look it up. 👍

            • zewm@lemmy.worldEnglish
              2·
              3 hours ago

              The premium is what you pay to the insurance company.

              The monthly payment. Or some cases you pay by quarter, half or full year at a time.