Random bank payments into my account

BaconandEggs

Hi - I've had 3 payments into my bank account (from my bank).
They have been for different amounts - £30, 15 and 10 I think (in that region). They have the ref LTSB IS BUSINESS.

What could this be for? I am thinking it may have something to do with cashback for some insurance we took out with them.

Shall I just ring them and ask them? If it is an error, will it require a refund?

MoneySavingUser

BaconandEggs wrote: »

Shall I just ring them and ask them? If it is an error, will it require a refund?

yes and yes

georagg

i got the same thing about a week ago for £93 and i asked the bank. they have no idea. just been told to wait a month and if nothing happens i can keep it???????????????

BaconandEggs

georagg wrote: »

i got the same thing about a week ago for £93 and i asked the bank. they have no idea. just been told to wait a month and if nothing happens i can keep it???????????????

cool


it's been longer than a month for me and nothing mentioned.

who do you bank with?

lizzywig

I got the same thing for £30!! What is going on?!!

ffacoffipawb

lizzywig wrote: »

I got the same thing for £30!! What is going on?!!

Cashback on Home Insurance?

taggy_2

trust me befor you go using it ...check with the bank/building society ..or it could come back an bite ya in the bum if they take it back without prior warning ..im currently going thru a similar situation where monies deposited into my account turned out not to be mine but an error on their part ( because i was expecting a payment in i didn't think twice that it wasn't my money??) i spent it over a time ..im now repaying them as much as i can wkly ..so even tho its a pain always go in and check with them ..could save you a lot of trouble & money!! so the rule is even tho its your account and hopefully your money going in ...never presume :-(

BaconandEggs

ffacoffipawb wrote: »

Cashback on Home Insurance?

Turns out mine was

ffacoffipawb

BaconandEggs wrote: »

Turns out mine was

You had 3 payments - Buildings, Contents and what else?

carolyn.octarine

I've had a payment for £50 and googled ltsb is business and got to this site, and yes, now I come to think of it I have taken out insurance with LTSB, and part of the deal was cashback after 3 months, so I think this is it (that's the trouble with these things, by the time you get your cash back you've moved on and completely forgotten about it, still,nice surprise).:)

BaconandEggs

Definitely a nice surprise.
My third payment was because I rang LTSB again after receiving a cheaper insurance quote. They matched the offer with cashback on a new policy - so I got more cashback.