Work out autopay total instantly with clear inputs, formula shown and shareable results.
Automatic mandates are convenient until they collide on the same date. Totalling them against the balance available shows the failure risk, and a failed mandate usually costs a penalty from both the bank and the biller.
Autopay coverage
Total = mandates × average amount; shortfall = total - balance available
Figures are estimates for planning only. Prices, returns, inflation and personal circumstances all change. This is not financial or tax advice — speak to a qualified adviser before making decisions.
Both the bank and the biller typically charge a fee, and repeated failures can affect your credit record.
Cluster them a few days after payday and stagger large ones so no single date carries the whole burden.