Comment on Every payment option has a fee

• zewm@lemmy.world ⁨2⁩ ⁨months⁩ 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.

  source

  • victorz@lemmy.world ⁨2⁩ ⁨months⁩ ago

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

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

    source

    • zewm@lemmy.world ⁨2⁩ ⁨months⁩ 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.

      source