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Is the an instant access savings a/c that can feed DDs going out?
Newbird
Posts: 488 Forumite
Anyone know of a savings account paying a decent amount of interest that can feed direct debits going out for bills etc?
Can't use A&L current as applicants need to be over 21, and my son is not. LTSB I think applicants have to be over 18, so that could be an option - unless anyone knows of anything better??
I just seem to have some distant memory in my head about a savings account that could feed DDs out. Or maybe that is no longer the case
(Just trying to save the effort of pulling money back into a current account.)
Can't use A&L current as applicants need to be over 21, and my son is not. LTSB I think applicants have to be over 18, so that could be an option - unless anyone knows of anything better??
I just seem to have some distant memory in my head about a savings account that could feed DDs out. Or maybe that is no longer the case
(Just trying to save the effort of pulling money back into a current account.)
Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #124
MFW = ASAP #124
0
Comments
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Look at this account [4.65%]
http://www.halifax.co.uk/savings/phoneweb_websaver.shtml
[There's no mention there of age, so I assume under 18s can open these as they are true savings accounts with no overdraft facility]We may let you set up certain types of direct debit, standing order or similar arrangements on your account to pay someone else......under construction.... COVID is a [discontinued] scam0 -
"2. How do you use Halifax Web Saver?Milarky wrote:[There's no mention there of age, so I assume under 18s can open these as they are true savings accounts with no overdraft facility]
2.1 You cannot use the service unless you are at least 11 years old."
http://www.halifax.co.uk/savings/pdf/websaverhx.pdf0 -
Thx both. My son (account for him) is 19, but maybe we'll have to put up with transferring to and from savings as he's getting 4.75% with Nationwide esavings at the mo....Bless Martin's Little Cotton Socks. I thank him for giving us MSE. Look what its grown into!
MFW = ASAP #1240
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