Santander 123 Accounts Only Two Per Person

Ifts

ericpode wrote: »

Can two DDs be set up from the same Tesco savings account that would satisfy Santander? If not, is there anywhere else that I can go to set up the 2nd DD?

I set up my 2 Direct debits from Tesco, one was a Tesco Internet account and the other was a Tesco Savings account.

I'm not too sure if 2 DD's from the same Tesco's account would do the job?

You could open a Tesco Internet account for the second DD requirement, don't think it would be too difficult for you to do esp as you are a Tesco Savings customer already.

innovate

SavingFish wrote: »

Ooh, I like that idea

Will definitely use that for any future accounts requiring direct debits.

Please be aware that it costs at least 50p, more likely a lot more, to process a direct debit.

I sounds quite unbelievable that anyone would want a charity to, effectively, pay for them to make money.

Ifts

innovate wrote: »

I sounds quite unbelievable that anyone would want a charity to, effectively, pay for them to make money.

Not if you are already paying to a charity by direct debit and change that payment so it comes out of the 123 account.

planteria

ive got a DD to ChristianAid in train, SavingFish

"No, it is only Spain (incl Canaries and Balearics)"

i wonder why:huh:

badger09

planteria wrote: »

"No, it is only Spain (incl Canaries and Balearics)"

i wonder why:huh:

Seriously? Or did I miss the ironic smiley?

Santander UK's parent is Banco Santander - one of the Spain's biggest banks.

SavingFish

innovate wrote: »

Please be aware that it costs at least 50p, more likely a lot more, to process a direct debit.

I sounds quite unbelievable that anyone would want a charity to, effectively, pay for them to make money.

Previously I've just donated a lump sum at the end of the year.

My thinking was to spread the same sum over 12 months.

How would 12 direct debits compare to 1 debit card or cheque payment in terms of fees? I wouldn't want them to be worse off :-S

badger09

SavingFish wrote: »

Previously I've just donated a lump sum at the end of the year.

My thinking was to spread the same sum over 12 months.

How would 12 direct debits compare to 1 debit card or cheque payment in terms of fees? I wouldn't want them to be worse off :-S

Suppose it depends on how much you are donating, but debit card charges are typically less multiple DDs


Don't know how much of this thread you've read, but there are many alternatives

http://forums.moneysavingexpert.com/....php?t=4168667

planteria

yes, it seems as though a regular DD is what some charities are actually looking for. if they give the person donating an added benefit too, im all for that.

and re. Banco Santander, i've been at a barbecue all afternoon/evening :beer: but i was just thinking that the 'system' would work throughout the Eurozone.

innovate

SavingFish wrote: »

i was just thinking that the 'system' would work throughout the Eurozone.

There is no "system" - - there are T&Cs which state what the fees and charges are.

Axel

A few queries.

All of these post relate to opening in branch. Can you still open say three accounts online?

I have several DDs but many do not appear on the Santander eligibility list. Any comments on the following that are not on the list would be useful?

HBOS Card Services
LTSB Home Loans
Santander Consumer
TalkTalk Limited
TV Licence

Axel