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Low direct debits

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Comments

  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    Hazzanet wrote: »
    There are a number of charities that aren't so savvy and don't insist on a minimum amount; most of these use Direct Debit Bureaux which, in general, charge 20-45p per transaction and £1 to set up the direct debit in the first place. Therefore, those setting up the 1p donations (and there have been instances of this on the board) actually end up costing the charity money.
    I must confess I had a figure of a quid minimum in my head.

    I'd agree totally with if being morally wrong to set up a 1p direct debit.

    Thanks.
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