New Lloyds Club current account

10_66

I know this is a duplicate of my post from innovate's "savings accounts deposits by direct debits", but just in case it's missed on there:


Does anyone know how many DD's (or Funding Mandates as they call them) are allowed into one esaver account, please? I currently have 3 going in from Halifax (for the rewards), but I need to set up another from my new Lloyds Club account.


Innovate: You're a star! I've found your link for Santander's DD form. How on earth did you find this? I searched on their website and couldn't find it. I'm now hoping they allow more than 3 in to one esaver.

plunt

couldnt see this anywhere but this thread is getting fairly long,

But will they run a credit check on me if i am upgrading a currently vantage account. As i am applying for mortgages currently I do not want any searches performed.

Called them up to ask but the person didnt really seem to know what he was talking about !

VladDracula

It seems you need two Direct Debits for this account. I already have all my DD tied up. Does anybody know of any really cheap DD's that are easy to set up? eg £0.01p a month?

KTF

VladDracula wrote: »

It seems you need two Direct Debits for this account. I already have all my DD tied up. Does anybody know of any really cheap DD's that are easy to set up? eg £0.01p a month?

2x Tesco savings accounts.
Setup a DD to the Lloyds account for each one.

Manually pull the interest out the Lloyds account (half to each account).

tuggy12

10_66 wrote: »

Where did you get your Santander DD (or Funding Mandate as they call them) from? I can't find one online, I rang their call centre and I was told they won't post them and that I'd have to go into a branch but my closest branch is some 30 miles away, so I'm not going to do that.

http://www.santander.co.uk/csgs/StaticBS?ssbinary=true&blobkey=id&SSURIsscontext=Satellite+Server&blobcol=urldata&blobheadervalue1=application%2Fpdf&blobwhere=1314012341904&SSURIsession=false&blobheadervalue2=inline%3Bfilename%3D635%5C250%5CSavingsDirect3_081013.pdf&SSURIapptype=BlobServer&blobtable=MungoBlobs&SSURIcontainer=Default&blobheadername1=content-type&blobheadername2=Content-Disposition#satellitefragment&maxage=3600

10_66

tuggy12 wrote: »

http://www.santander.co.uk/csgs/StaticBS?ssbinary=true&blobkey=id&SSURIsscontext=Satellite+Server&blobcol=urldata&blobheadervalue1=application%2Fpdf&blobwhere=1314012341904&SSURIsession=false&blobheadervalue2=inline%3Bfilename%3D635%5C250%5CSavingsDirect3_081013.pdf&SSURIapptype=BlobServer&blobtable=MungoBlobs&SSURIcontainer=Default&blobheadername1=content-type&blobheadername2=Content-Disposition#satellitefragment&maxage=3600

Yes, thank you, I've since found the link in innovate's "savings accounts deposits by direct debit" thread.

td_007

10_66 wrote: »

Innovate: You're a star! I've found your link for Santander's DD form. How on earth did you find this? I searched on their website and couldn't find it. I'm now hoping they allow more than 3 in to one esaver.

Just so you know - you will need to send a copy of the statement of the account from which you want to make the direct debit to Santander along with the DD mandate form. I had initially sent only the DD mandate form to Santander and have just received a letter asking for the bank statement.

10_66

td_007 wrote: »

Just so you know - you will need to send a copy of the statement of the account from which you want to make the direct debit to Santander along with the DD mandate form. I had initially sent only the DD mandate form to Santander and have just received a letter asking for the bank statement.

How do we do this if it's a new account that's been opened?

savetilibleed

OK I just upgraded one of my Vantage accounts to Club Lloyds. The extra DDs appeared that will be regular before I did the upgrade. You have to agree to the planned overdraft (or maybe you don't if you don't have one). But that is something I have never used in more than 40 years with Lloyds! Oh well. Now just need to change the money going in to satisfy the £1500/m requirement.
I suppose the new interest rate takes immediate effect?

Alt

Anyone knows how to get the additional linked savings account setup?

Alt