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  • FIRST POST
    • Maria farragher
    • By Maria farragher 9th Sep 17, 3:19 PM
    • 1Posts
    • 0Thanks
    Maria farragher
    Bank account without direct debit
    • #1
    • 9th Sep 17, 3:19 PM
    Bank account without direct debit 9th Sep 17 at 3:19 PM
    I was wondering if there are any bank or building society accounts which would allow you to pay a monthly amount into them, then put same amount back by standing order into my original santander account. But one that doesn't require direct debit payments but does pay interest.
    The reason I ask is because I'm due a redundancy payment and would like to use it as wages until I'm able to find new employment.
    Thanks
Page 1
    • binaryuniverse
    • By binaryuniverse 9th Sep 17, 3:27 PM
    • 370 Posts
    • 176 Thanks
    binaryuniverse
    • #2
    • 9th Sep 17, 3:27 PM
    • #2
    • 9th Sep 17, 3:27 PM
    Nationwide Flexdirect pays 5% on up to £2500. No direct debits required but does require a minimum pay in of £1000 per month.
    • xylophone
    • By xylophone 9th Sep 17, 7:32 PM
    • 22,881 Posts
    • 13,243 Thanks
    xylophone
    • #3
    • 9th Sep 17, 7:32 PM
    • #3
    • 9th Sep 17, 7:32 PM
    minimum pay in of £1000 per month.
    from a non Nationwide account to which it can be returned immediately if you wish.
    • Dobbibill
    • By Dobbibill 9th Sep 17, 11:22 PM
    • 2,296 Posts
    • 3,419 Thanks
    Dobbibill
    • #4
    • 9th Sep 17, 11:22 PM
    • #4
    • 9th Sep 17, 11:22 PM
    Also TSB - 3% on up to £1500 - £500 credit PCM - register for internet banking
    - opt for paperless statements & correspondence.

    Depending how much capital you are talking about both TSB & NW have regular savers where you can drip feed monthly too.
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


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