Santander 123 current ACct and Halifax £5 a month current account

trinidadone

Hello all,

I hope your having a great easter.

I am spending time sorting out my finances, which feels never ending. I currently have a Halifax bank account which pays £5.00 a month, and a newly opened 123 current account with santander. some questions:


Halifax:
I know you have to have two direct debits on the account to qualify for the £5.00 a month. I currently have a phone company DD. I am currently in credit with them, and will be until the end of the year at least, Can this DD still be classed as a Direct Debit by Halifax even though money wont come out until the end of the year?

Santander:
Am I right, you cant get any cash back for DD for a tv lience?

A friend of mine asked do you get any cash back for rent?

is the santander 123 also offer a 18 months o% interest free on the account?

marathonic

You won't get the Halifax fiver unless 2 direct debits are actually paid from the account - can you request a refund of the credit you have on your account?

There is no Santander cash back for the tv licence or rent.

You have to pay for the Santander 123 Current Account overdraft when you are in it. However, the 123 Credit Card, which you can apply for separately, offers 18 months interest-free on purchases. It also offers cash back on fuel, supermarket and department store spending.

innovate

trinidadone wrote: »

Halifax:
I know you have to have two direct debits on the account to qualify for the £5.00 a month. I currently have a phone company DD. I am currently in credit with them, and will be until the end of the year at least, Can this DD still be classed as a Direct Debit by Halifax even though money wont come out until the end of the year?

T&Cs say the DDs need to pay monthly

Santander:
Am I right, you cant get any cash back for DD for a tv lience?

you are right

A friend of mine asked do you get any cash back for rent?

no you don't

is the santander 123 also offer a 18 months o% interest free on the account?

No.

Sounds like you and your friend might have had a few too many easter eggs?:D

trinidadone

innovate wrote: »

T&Cs say the DDs need to pay monthly

you are right

no you don't


No.

Sounds like you and your friend might have had a few too many easter eggs?:D

thanks for the response innovate

trinidadone

innovate wrote: »

T&Cs say the DDs need to pay monthly

you are right

no you don't


No.

Sounds like you and your friend might have had a few too many easter eggs?:D

what if the rent is paid to a county council?

YorkshireBoy

trinidadone wrote: »

what if the rent is paid to a county council?

The Santander website lays out very clearly what qualifies for cashback...

Cashback on household bills:
1% on water, council tax bills and Santander mortgage payments1
2% on gas and electricity bills
3% on mobile phone, home phone, broadband and paid-for TV packages


http://www.santander.co.uk/csgs/Satellite?appID=abbey.internet.Abbeycom&canal=CABBEYCOM&cid=1237892266671&empr=Abbeycom&launch=NO&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_ViewSelector

trinidadone

ok, so mortgage yes, rent no

thankyou for laying out very clearly

iAMaLONDONER

trinidadone wrote: »

thanks for the response innovate

It's the 123 Credit card that is 0% for 18 months

trinidadone

marathonic wrote: »

You won't get the Halifax fiver unless 2 direct debits are actually paid from the account - can you request a refund of the credit you have on your account?

There is no Santander cash back for the tv licence or rent.

You have to pay for the Santander 123 Current Account overdraft when you are in it. However, the 123 Credit Card, which you can apply for separately, offers 18 months interest-free on purchases. It also offers cash back on fuel, supermarket and department store spending.

my friend got £4.28 on rent as cash back

trinidadone

you can get rent as cash back

Herbalus

trinidadone wrote: »

my friend got £4.28 on rent as cash back

Ha that's a new one. As it's a direct debit to the council, they probably classed it as council tax! Probably the most expensive council tax in the world (barring ridiculous London penthouses etc of course !)