Made Token Payments By Debit Card !

NotToClever

I have just made two token payments by debit card and now have a sinking feeling that the creditors may take out more than the £5 I authorised. The creditors are A&L and Halifax.

The current account isn't with either of these two banks/groups.

Have I made a real blunder and will they pilfer my current account ?

I will be paying by Postal Order from now on !!!

Thank you in advance

ebsay2000

Hi, i make £1 monthly payments by the 'pay a bill/standing' order facility with my online bank.

Both these payments are £1 each to Barclays MasterCard and Visa.

They havn't and can't take any more from me!

With my other creditors........ I Do send them £1 Postal Orders.............BUT be advised, a £1 postal order actually cost £1.50 to buy!! Plus theres the stamp to get as well!

Oh by the way..........Barclaycard never did agree to £1 monthly payments............but niether have they ever sent them back.....so i guess they're accepting them!!

NotToClever

Because I have given them the details rather than being in control of it myself through on line banking I am concerned that they could take more than I authorised. They have my current account debit card details and last 3 digits of the security code.

ebsay2000

Oh i see.

I honestly don't know if they could take more..........hopefully someone might be able to tell you.

But how about for your own peace of mind, ringing up your bank and saying you've lost your debit card.......then they'll send you a new one.........and it'll have a different number on it?

Its a inconvenience i know........waiting for it to arrive........then having to change everything else that has the old cards number recorded.

jopwo_87

Iv often paid these "minimum amounts" to different creditors and never once (touch wood) had more money taken out than i have authorised. I dont think they are allowed to once you have agreed an amount with them previously, ie £1.

MessyMum

ebsay2000 wrote: »

Hi, i make £1 monthly payments by the 'pay a bill/standing' order facility with my online bank.

Both these payments are £1 each to Barclays MasterCard and Visa.

They havn't and can't take any more from me!

With my other creditors........ I Do send them £1 Postal Orders.............BUT be advised, a £1 postal order actually cost £1.50 to buy!! Plus theres the stamp to get as well!

Oh by the way..........Barclaycard never did agree to £1 monthly payments............but niether have they ever sent them back.....so i guess they're accepting them!!

Hi, sorry for crashing this thread (hope its ok), i just wanted to ask a question. I see that you are paying token payments to credit cards, i have been told to do the same and write to them to let them know, I really don''t know how to word the letter, could you advise me on what to write??

Many thanks in advance

SarahNeedle1872

AFAIK they cannot take any more than the payment you have made, as technically it is a debit card 'purchase' that you have made... if you had set up a Direct Debit, then potentially they can take more, as DD amounts can vary from month to month. I would either continue to use your debit card, or as posted above, set up a standing order from your bank (these cannot be altered without your authorisation)

HTH

piglet39

NotToClever wrote: »

Because I have given them the details rather than being in control of it myself through on line banking I am concerned that they could take more than I authorised. They have my current account debit card details and last 3 digits of the security code.

I understand your concerns. If it helps, in the past I have made tiny payments (a pound or so) to DCA's even when they haven't been happy with the amount and they still have taken purely what I authorised them too. I tend to do things via cheque or s/o now.

HTH

Piglet

piglet39

MessyMum wrote: »

Hi, sorry for crashing this thread (hope its ok), i just wanted to ask a question. I see that you are paying token payments to credit cards, i have been told to do the same and write to them to let them know, I really don''t know how to word the letter, could you advise me on what to write??

Many thanks in advance

National Debtline have the template letters on their website. You fill the details in online and all the info gets put into a letter for you.

HTH

Piglet

NotToClever

SarahNeedle1872 wrote: »

AFAIK they cannot take any more than the payment you have made, as technically it is a debit card 'purchase' that you have made... if you had set up a Direct Debit, then potentially they can take more, as DD amounts can vary from month to month. I would either continue to use your debit card, or as posted above, set up a standing order from your bank (these cannot be altered without your authorisation)

HTH

Thanks Sarah,

Put my mind at rest, although as you and others have said I think S.O. is the better way to go for future payments.