Zero/Low Value Direct Debit

Zero/Low Value Direct Debit

Author
Discussion

tastyorange

Original Poster:

42 posts

113 months

Monday 20th October 2014
quotequote all
Hello

Looking to open a Satander 123 account, but apparently you need two direct debits to be elligible

I dont fancy transfering my old current account over, so can anyone recommend a low/zero value direct debit I can set up ?

Thanks

Sarnie

8,025 posts

208 months

Monday 20th October 2014
quotequote all
£3 a month charity DD?

anonymous-user

53 months

Monday 20th October 2014
quotequote all
DD from and to your own account with another bank, that's what I do.

PurpleMoonlight

22,362 posts

156 months

Monday 20th October 2014
quotequote all
Inkyfingers said:
DD from and to your own account with another bank, that's what I do.
That's not a DD it's a Standing Order.

BlackLabel

13,251 posts

122 months

Monday 20th October 2014
quotequote all
There is nothing in the T&Cs that says the DDs must be paying monthly so sign up for something like www.1899.com and/or www.18185.co.uk and make a call through them once every 6 months.

Or just transfer 2 of your existing dd's over.

anonymous-user

53 months

Monday 20th October 2014
quotequote all
PurpleMoonlight said:
That's not a DD it's a Standing Order.
Indeed. Forgive me, I was being thick.

mcflurry

9,079 posts

252 months

Tuesday 21st October 2014
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Magazine subscription?


PF62

3,575 posts

172 months

Tuesday 21st October 2014
quotequote all
Tesco Savings account uses DD for regular payments (yes, a DD not standing order). So a DD to move £5 to Tesco each month, and a SO to move the £5 back to Santander.

tastyorange

Original Poster:

42 posts

113 months

Thursday 23rd October 2014
quotequote all
BlackLabel said:
There is nothing in the T&Cs that says the DDs must be paying monthly so sign up for something like www.1899.com and/or www.18185.co.uk and make a call through them once every 6 months.

Or just transfer 2 of your existing dd's over.
I found that from Google too thanks ! wink

Sir Bagalot

6,463 posts

180 months

Thursday 23rd October 2014
quotequote all
Ah the 123 account. 3% interest and cashback on certain types of DD payments.

I moved all my qualifying DD's to Santander to make use of the cashback and offset the £2 monthly account fee.

Did I move my main banking to them? Don't be so fking stupid!!

Froomee

1,418 posts

168 months

Thursday 23rd October 2014
quotequote all
Set up a direct debit to a credit card... Doesn't actually have to take anything just has to be set-up for minimum payment smile

Santander customer service have been excellent for me so far (I previously used them for a mortgage and they were shockingly bad) the interest on my account wasn't credited as lovefilm was set-up as a standing order (which I didn't know).
One 5 minute call later and they credited the interest for upto the current day (approx 6 weeks) and kept the Internet for the month forward so I got 2 weeks double interest and they credited an extra £5 for my call.

tastyorange

Original Poster:

42 posts

113 months

Friday 24th October 2014
quotequote all
Froomee said:
Set up a direct debit to a credit card... Doesn't actually have to take anything just has to be set-up for minimum payment smile

.
Dont have any credit cards

tastyorange

Original Poster:

42 posts

113 months

Friday 24th October 2014
quotequote all
BlackLabel said:
There is nothing in the T&Cs that says the DDs must be paying monthly so sign up for something like www.1899.com and/or www.18185.co.uk and make a call through them once every 6 months.

Or just transfer 2 of your existing dd's over.
Direct Debit instruction failed - no info avaialble why

(Applied with 18185 Both are the same company with the same mandate)

barker22

1,037 posts

166 months

Friday 24th October 2014
quotequote all
paypal is set up as DD.