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Savings accounts deposits by Direct Debit?

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  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Does anyone know if a Tesco instant access savings account and a Tesco internet saver account would work for Halifax Reward? I was trying to avoid two accounts with Tesco.
    If I was pushed into going this way and Halifax wouldn't pay the Reward I'd be very unhappy.

    Some say (on here) that they need to be two different OIN's, but I'd argue that they don't say that in the T&Cs, merely that you need to "pay two different direct debits" each month...and you'd be complying with that.
  • ceredigion
    ceredigion Posts: 3,709 Forumite
    Eighth Anniversary 1,000 Posts Photogenic
    Not showing either end and it's been long enough.

    How disappointing. Does anyone know if a Tesco instant access savings account and a Tesco internet saver account would work for Halifax Reward? I was trying to avoid two accounts with Tesco.

    Likewise nothing showing either end. How long have you been waiting Bluebell ?
  • I can confirm Virgin ISA savings doesn't allow
  • anotheruser
    anotheruser Posts: 3,485 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    edited 7 December 2013 at 6:42PM
    Regarding PayPal, can you set up a monthly withdrawal that will DD out of an account?
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    from the original list, i can confirm that MonBS do accept DDs, but i have found PrincBS to say that they don't.
  • gterr
    gterr Posts: 555 Forumite
    Charity DDs via JustGiving:


    If I wanted to set up two charity DDs can I use JustGiving for both? How would it appear on the statement - as two DDs to JustGiving, or as two separate DDs, one for each charity?


    Thanks for your time.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    gterr wrote: »
    Charity DDs via JustGiving:


    If I wanted to set up two charity DDs can I use JustGiving for both? How would it appear on the statement - as two DDs to JustGiving, or as two separate DDs, one for each charity?


    Thanks for your time.

    I'd do it to the charities directly, I seem to recall that just giving costs are relatively high meaning nowhere near all of it goes to your selected charity.
  • gterr
    gterr Posts: 555 Forumite
    bigadaj wrote: »
    I'd do it to the charities directly, I seem to recall that just giving costs are relatively high meaning nowhere near all of it goes to your selected charity.



    Cheers, yes, I'll try, but lots of charities will only accept standing orders directly, but will accept DDs if it's done through JustGiving.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i am surprised more Building Societies don't allow DDs into accounts with them. Monmouthshire Building Society are great for this, but i can't find any others that will allow them.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    There are quite a few, listed in post #1 of this thread. Certainly enough to find the 2 that are usually needed to obtain some current account benefits.

    To regularly put the same amount of money into your BS savings account, you can of course always use SOs, so no inconvenience there, and the same end result for your savings account. Just it's cheaper for the BS since they don't have to pay for the DDs.
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