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Cancellation Hero Article Discussion

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Former_MSE_Dan
Former_MSE_Dan Posts: 1,593 Forumite
1,000 Posts Combo Breaker
edited 21 February 2012 at 7:08PM in Budgeting & bank accounts
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Hi all, this discussion relates to the

Cancel Direct Debits: Be a Cancellation Hero article.

Please click reply to discuss the article and add your feedback, or see the

Cancel Direct Debits: Report your Success

discussion thread to report back on how much you saved. Thanks
Former MSE team member
«13456

Comments

  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    Just to confirm the Martin Lewis article about banks being able to provide Direct Debits and Standing orders lists at the branch; NatWest can provide this and they can also provide the date that the payment was first set up. If this helps you to find out what it is for or when it started then all the better. Still reading the article.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    You can cancel a Direct Debit with NatWest and reinstate it within 90 days of cancelling it.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    Totally agree with Martin on the Recurring card payment thing. IT IS EVIL(sorry I mean UGLY). Pain in the backside and cancelling the card will NOT stop the payment.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    Great article Martin and one that I hope a lot of people read. When you sit down and take 10 minutes or so of you day and find out that maybe there is two DD'd to curry's for example for £5.99 and one to Policy Admin Services/allianz cornhill for mobile phone insurance at £5.99 a pop, that is almost £200 a year you are paying out when it could be a waste of money.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • gpatrick900
    gpatrick900 Posts: 3 Newbie
    Here is a little secret that should and prevent your new credit or debit card from being charged. Tell the bank that you want the card hot listed or hot carded. This way the merchant can not know the new number. This should work no matter what country your card is issued in. If they refused. Call back and report your card lost. A customer service rep told me that if you report the card lost or stolen. No company (except the bank) can access the new number. Stolen is some countries you will need a police report.
  • dellwear
    dellwear Posts: 96 Forumite
    Hot marked cards do stop the payments - you just have to tell the bank that you lost the card but you're not sure where - anyone could have it. They'll hot mark it and issue another with a new PIN and this will stop the payments.
  • pennypincher99
    pennypincher99 Posts: 8 Forumite
    Martin said this a.m. on TV that it was adult entertainment etc that these charges were occurring, he was right I have a monthly 'order' with the LOTTERY . I tried to cancel it and save some money and was told I cannot till 2009.
  • Amberowl
    Amberowl Posts: 3 Newbie
    Hi i start a new job in two weeks however i'm a struggling to pay my regular direct debits for energy bills etc as well as standing order for my rent. Is there a way to pay these bills by credit card rather than straight out of my account until i get paid? Martin says this is so in his article but doesn't say how? I know an overdraft would be the obvious answer but mine is small and won't cover my rent payment which goes out just before i start work.
  • Millennium
    Millennium Posts: 64 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Amberowl wrote: »
    Hi i start a new job in two weeks however i'm a struggling to pay my regular direct debits for energy bills etc as well as standing order for my rent. Is there a way to pay these bills by credit card rather than straight out of my account until i get paid? Martin says this is so in his article but doesn't say how? I know an overdraft would be the obvious answer but mine is small and won't cover my rent payment which goes out just before i start work.

    Hi Amberowl

    I won't go into the dangers of using credits cards to pay for energy bills and rent, all I'll say is be careful!

    I don't know of any energy suppliers or landlords that will take credit card payments.

    However, the Egg Money card allows you to pay cash from the card to your current account, and as long as you pay the card off in full each month there is no charge. This is the only card that allows you to do this. Take a look at Martin's article on 'Stoozing'. I know you aren't doing this - but it will give the the details.
  • Bagel_Girl
    Bagel_Girl Posts: 3 Newbie
    Millennium wrote: »
    Hi Amberowl

    I won't go into the dangers of using credits cards to pay for energy bills and rent, all I'll say is be careful!

    I don't know of any energy suppliers or landlords that will take credit card payments.

    However, the Egg Money card allows you to pay cash from the card to your current account, and as long as you pay the card off in full each month there is no charge. This is the only card that allows you to do this. Take a look at Martin's article on 'Stoozing'. I know you aren't doing this - but it will give the the details.

    I don't know about rent, but I've been paying my gas & electric bills with a credit card (not on direct debit, just as 'one-off' quarterly payments) and had no problems. I'm with EDF energy and on the statement where it says you can pay by debit card (switch, delta, solo) I simply phone the number it says and tell them I want to make a card payment - they don't ask if it's a credit card or a debit card, I just give them the details and voila payment accepted. Don't know if this works with other energy providers, but it certainly does with EDF energy. I use my Goldfish or M&S card, thus collecting Goldfish or M&S points.

    Good luck with the new job, Amberowl.
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