Asda Credit Card-Faster payments

mollyclayton

The Asda credit card administration has been taken over by Santander. I, like many other customers have been informed of new account details to make electronic payments.
Please be aware that payments to this account do not accept "Faster payments". If you leave payment of your account until the last minute you could incur late payment charges.
Another sly move from Santander!

Curr946

from mid 2012 all banks must offer faster payments :-)

salau2

As far as I knew (as of June 2011) Santander allowed faster payments between banks to a maximum of £300 much lower than others. However, according to http://www.ukpayments.org.uk/faster_payments_service/value_limits/ they now offer £1000 faster payment transfers.

Fruit_and_Nut_Case

mollyclayton wrote: »

The Asda credit card administration has been taken over by Santander

I thought that happened back in January 2009. They've certainly taken their time informing their customers.

mollyclayton

This may be true of other Santander accounts and until now I have been able to pay my Asda credit card bill via "faster payments",however, since Asda's request to pay to a new account my bank, Lloyds TSB reported that this account will not accept "faster payments.