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Savings Account and Direct Debit

ashcarrot
Posts: 650 Forumite


Can you have a direct Debit attached to a savings account (just looking at options of feeding my ICESave Account)
Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....
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Comments
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If you find one, please tell me
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But Coventry First (albeit requiring £1Kpm funding & effectively a current account) certainly has D/Ds and is shortly going to be paying 5.6% - so you wouldn't fund an IceSave account from it just yet.
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some savings accounts do allow you more than one "linked" account though, so you can transfer out via BACS from the savings account to another savings account. I have a halifax websaver account that allows this for example. Cahoot savings also allows this. They tend not to be the highest paying savings accounts though.Indecision is the key to flexibility0
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