Nationwide Quidco offer

leeroy2009

the length people will go to for 5%.

Gromitt

leeroy2009 wrote: »

the length people will go to for 5%.

You don't even need the DDs for the 5%, this is for the cashback

But people go nuts for 3% offers

innovate

Nothing wrong with protecting your cash from inflation.

Dr_Cuckoo3

best to set up a few more charity direct debits - keep 2 that claim the 1p quickly and cancel the rest

24p per year with 1p charity D/Ds versus £24 per year with savings accounts (as they require £1 min) = no brainer

innovate

Dr_Cuckoo3 wrote: »

best to set up a few more charity direct debits - keep 2 that claim the 1p quickly and cancel the rest

24p per year with 1p charity D/Ds versus £24 per year with savings accounts (as they require £1 min) = no brainer

Hope this was your attempt at humour.

If not, then I agree, it's completely brainless folk only who would wish to deprive a charity for their own benefit.

Dr_Cuckoo3

innovate wrote: »

If not, then I agree, it's completely brainless folk only who would wish to deprive a charity for their own benefit.

I don't agree that it would only be of appeal to" brainless folk only who would wish to deprive a charity for their own benefit" as it would appear to be well thought out and therefore not "brainless"

innovate

Dr_Cuckoo3 wrote: »

I don't agree that it would only be of appeal to" brainless folk only who would wish to deprive a charity for their own benefit" as it would appear to be well thought out and therefore not "brainless"

Disgusting, and a sign of extreme lack of intelligence and conscience, to even contemplate depriving a charity for personal gain.

As I said before, I do hope that charities will just not bother with collecting the 1p DDs, thereby scuppering the plans of the evil "donors".

BTW, your "logic" has a flaw. 24p into a charity is a 24p loss, whilst £24 into one of your own savings accounts will actually make you a penny or two.

Dr_Cuckoo3

innovate wrote: »

Disgusting, and a sign of extreme lack of intelligence and conscience, to even contemplate depriving a charity for personal gain.

how about removing the "personal gain" element eg someone using a Christian charity for the D/D and donating the profit to a Muslim charity - is this still "disgusting"?

This does not appear to demonstrate "extreme lack of intelligence"

innovate wrote: »

BTW, your "logic" has a flaw. 24p into a charity is a 24p loss, whilst £24 into one of your own savings accounts will actually make you a penny or two.

24p to charity means I only need to keep 24p(£1 to be on the safe side) in the donor account , £1 PM savings account D/D's require £24 to cover the year - so less risk of overdrawing with 24p per year

innovate

You are completely missing the point which is that it will cost the charity a massive multiple of 1p to process your "donation".

Therefore you are costing the charity money, just so that you can make a fiver or whatever a month. That amounts to depriving a charity for your own personal gain. I maintain that this is disgusting and not very intelligent

Gromitt

Dr_Cuckoo3 wrote: »

24p to charity means I only need to keep 24p(£1 to be on the safe side) in the donor account , £1 PM savings account D/D's require £24 to cover the year - so less risk of overdrawing with 24p per year

But still a chance, and you may lose your reward as the charity may look over its DDs and drop any donations below what it costs them to process it, or it may decide not to actually process the donation. Just because it processed it on-line doesn't mean the DD will actually be setup.

I'd like to see you ringing up the charity and stating that they have caused you to lose £5 or whatever due to them not processing your DD.

You need to check the account regularly anyway for fraud reasons, so you'll always make sure that the account has appropriate funding for any setup DDs.

Therefore, using a charity for 1p donations is both disgusting and brainless.