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How many Credit Card Company's automatically amend Direct Debit payments?

Volcane
Volcane Posts: 325 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
in Credit cards
Hi,

I've heard some stories that some companies do NOT alter the amount taken by DD even if you paid the balance off in full (eg. by debit card) with enough advance notice. Is this true? If so which companies do this?

I know Capital One will alter the amount automatically (as long as there's 7 days between payment date and the DD date) but what about others such as Barclaycard, MBNA, Post Office, Goldfish etc etc?

Any answers or experiences to share or be aware of?

Update

Capital One
Egg
Nationwide
Post Office
Barclaycard
Goldfish
Abbey


Don't Update (eg. will take the payment anyway)

Mint (RBS)
Ulster (RBS)
Alliance & Leicester (MBNA)
Virgin (MBNA)
Halifax (HBOS)
First Direct
Best Regards,

V
«1

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Volcane wrote: »
    I've heard some stories that some companies do NOT alter the amount taken by DD even if you paid the balance off in full (eg. by debit card) with enough advance notice. Is this true? If so which companies do this?
    RBS group cards (Mint & Ulster...from bitter experience!).
    MBNA
    I know Capital One will alter the amount automatically (as long as there's 7 days between payment date and the DD date) but what about others such as Barclaycard, MBNA, Post Office, Goldfish etc etc?
    Egg operate this way.


    Someone else started a thread a while ago, asking this very same question...but I can't find it now. :o

    As people report, would you update your OP to give two lists? It might then be easier to follow.
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Thanks for the reply, I did a search too but could nay find anything.

    Just found my paper workl for Alliance & Leicester card & Virgin money (both MBNA) and they do NOT.

    The Barclaycard paperwork does not say but their online servicing lets you change between minimum and full payment "on the fly" by ticking either box.

    I have started the list as above.
    Best Regards,

    V
  • System
    System Posts: 178,429 Community Admin
    10,000 Posts Photogenic Name Dropper
    Halifax don't adjust the DD value.

    I would assume this applies to all HBOS issued cards - but couldn't say for sure.

    UNDERGROUND :D
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Why would you want to pay your card balance off by debit card when you know that the D/D will taken anyway?
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    jonesMUFCforever wrote: »
    Why would you want to pay your card balance off by debit card when you know that the D/D will taken anyway?

    Because your 0% deal is often up on the anniversary date NOT your statement date so you may need to pay the balance off early in your final month.
    Best Regards,

    V
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    UNDERGROUND wrote: »
    Halifax don't adjust the DD value.

    I would assume this applies to all HBOS issued cards - but couldn't say for sure.

    UNDERGROUND :D

    Thanks, list updated.
    Best Regards,

    V
  • Tweetinat
    Tweetinat Posts: 184 Forumite
    Part of the Furniture Combo Breaker
    Nationwide will amend the amount of the DD to reflect any payments made to your account and received by them approx 3 days before due date.
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Tweetinat wrote: »
    Nationwide will amend the amount of the DD to reflect any payments made to your account and received by them approx 3 days before due date.

    Thanks, and updated.

    Now just to find Barcalycard and Goldfish (that will soon be the same anyhow)!
    Best Regards,

    V
  • sofa_surfer
    sofa_surfer Posts: 244 Forumite
    ...but PO does
    iaye carramba!
  • Volcane
    Volcane Posts: 325 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    sofa_surfer wrote: »
    ...but PO does

    Thanks, list updated!
    Best Regards,

    V
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