Changes to Reward and Ultimate Reward Accounts

10_66

Could someone just clarify for me please? I have 3 sole Reward Accounts, OT has 2 and we have 1 joint. If I set up a DD to LTSB and first direct from one Reward account, can I use the same LTSB and first direct accounts for all of the other Reward accounts?

innovate

yes, if you manage to set up these DDs.

As a matter of interest, which Lloyds and FD accounts would you use ? - I'd like to update the list of accounts that can be used for these DDs.

innovate

conisme wrote: »

I normally pay in over £1000 each month but I have never used my URCA for DDs and I don't plan to. I have a £200 overdraft and sometimes at the end of the month I am in it.

My account costs £10 a month due to the £1000+ I pay in.Does this mean it will just go back to costing £15 a month?

seems so
http://www.halifax.co.uk/bankaccounts/pdf/130501-bank-account-changes.pdf

10_66

innovate wrote: »

yes, if you manage to set up these DDs.

As a matter of interest, which Lloyds and FD accounts would you use ? - I'd like to update the list of accounts that can be used for these DDs.

I have a firstdirect "1st account" current account and a LTSB Vantage current account. I just assumed they would accept DD's, is this not the case then?

Edit: I'm confused now (doesn't take much these days!). So I can't set up DD's to current accounts, so does it have to be utilities? I've got a total of 6 Reward accounts, and don't want to lose the £360 a year that I make from them. Can someone, please, (very simply for me) explain what the easiest "dummy" payment DD's are that can be made?



............

YorkshireBoy

10_66 wrote: »

I have a firstdirect "1st account" current account and a LTSB Vantage current account. I just assumed they would accept DD's, is this not the case then?

Yes (it's not the case).

Can someone, please, (very simply for me) explain what the easiest "dummy" payment DD's are that can be made?

This very thread you've posted in details some easy savings account DDs. It's fairly short so spend a little time reading it? Even just the last dozen or so posts will give you some ideas.

There's a thread on the savings board (recently updated so shouldn't take too long to get the 'gist'?) that's worth a read. It's entitled something along the lines of "savings accounts accepting deposits by DD".

Additionally, there are numerous charities that will accept donations by (very small) DD so you can give a little back!

time2save

[QUOTE=10_66;58326621_I'm_confused_now_(doesn't_take_much_these_days!).__So_I_can't_set_up_DD's_to_current_accounts,_so_does_it_have_to_be_utilities?__I've_got_a_total_of_6_Reward_accounts,_and_don't_want_to_lose_the_£360_a_year_that_I_make_from_them.__Can_someone,_please,_(very_simply_for_me)_explain_what_the_easiest_"dummy"_payment_DD's_are_that_can_be_made?_[/QUOTE]

How do people get so many of these accounts :rotfl: :rotfl: is it with the OH.

Also does this mean I can't just set 2 small DDs to my other accounts, even if they're at the same bank.


time2save

ffacoffipawb

Another direct debit option, for those that way inclined ...

Conservative Party https://www.edirectdebit.com/conservativeparty/step-1.aspx

Accepts £1 a month to get to next page.

Also RSPCA ....
https://donations.rspca.org.uk/directdebit.aspx

Can I do 3 DD's from 3 Reward Accounts to the same organisation?

If so, only need to find 2 destinations.

innovate

ffacoffipawb wrote: »

Can I do 3 DD's from 3 Reward Accounts to the same organisation?

If so, only need to find 2 destinations.

Worked with Lloyds and BoS Vantage, not seen anything in the Halifax T&Cs that says it wouldn't.

Thkx for the links, added them to the list ;-)

chaotic_j

innovate wrote: »

loads been mentioned already in this thread.

The time it took you to post that comment you probably could have mentioned a couple again..

I registered a Nationwide MySave Plus Online account after seeing it mentioned in this thread but it seems you can only have one direct debit, I need an account (other than Tesco) which I can do 4 on..

A much clearer list identifying which instant/easy access accounts accept multiple DD's (and how many) would be most helpful.

innovate

chaotic_j wrote: »

A much clearer list identifying which instant/easy access accounts accept multiple DD's (and how many) would be most helpful.

Hey, what a great idea, why don't you take the initiative and create it? People will appreciate it.

You are very welcome to take the list I have been collating for the last few months as input.