Changes to Reward and Ultimate Reward Accounts

atlantis187

Thanks for that yorkshire boy,

So basically to meet the critieria ur just using the 2 DD from tesco internet saver and tesco access saver?
I thought the DD had to have different mandate numbers surely if they are both from tesco wont the numbers be the same?

YorkshireBoy

atlantis187 wrote: »

Thanks for that yorkshire boy,

So basically to meet the critieria ur just using the 2 DD from tesco internet saver and tesco access saver?
I thought the DD had to have different mandate numbers surely if they are both from tesco wont the numbers be the same?

The additional DDs I have are for the LTSB Vantage 4% offer (3 from Internet Saver and 3 from Instant Access because there's no 'separate originator' clause for that deal).

My Reward accounts (3 of the 4 anyway!) are linked to Tesco (3 more Internet Saver DDs, one to each Reward account) and YBS (3 Egg Savings account DDs, one to each Reward account).

The 10th DD is an old one originally set up when I opened the Internet Saver.

Hope that clears things up.

System

I'd gather that they've noticed that you have 3.

They changed the T&Cs some time ago to restrict them to 1 joint and 1 sole account. Therefore 1 person having 3 would be easy to spot.

Doc_N wrote: »

one saying much the same, but with the added words "....we'd like to talk to you personally about these changes".
Now curious to know what sparked their computer off to issue that last one!

trinidadone

Quick question regarding the halifax reward account, am I able to open more than one reward account with halifax in the same name, or is it one per person????

KTF

trinidadone wrote: »

Quick question regarding the halifax reward account, am I able to open more than one reward account with halifax in the same name, or is it one per person????

You used to be able to. Probably not any more.

innovate

Max one in your name, plus one in joint names.

adindas

raysouthern42 wrote: »

Where did u get this information from, can't find anything on halifax website.

I have got notification in writing about this changes on my two rewards account

trinidadone

KTF wrote: »

You used to be able to. Probably not any more.

cheers for that

trinidadone

innovate wrote: »

Max one in your name, plus one in joint names.

thankyou for that

adindas

YorkshireBoy wrote: »

I'll simply do like I did for the LTSB 4% Vantage offer...namely set up 2 more Tesco DDs* - one for £3 and the other for £2, which will take care of the £5 Reward payments

At the moment I am relying on keep switching my Credit Card DDs that I hardly use switching from one current ac to another ac to meet DD requirements. My personal experience switching CC DD is quite simple. One phone call will do ....

But your method seems to work better to meet DD requirements. Would you please elaborate how you do this ?.
Which saving account could be funded by DDs

YorkshireBoy wrote: »

and save me the trouble of syphoning off the money manually each month.

Though it is instant internal transfer, You will still need to transfer the money back to LTSB is not it or there is some good practice that you could share to avoid hassle of transferring back ??

thanks