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smalest direct debit - just to get 5% account

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  • bsms1147
    bsms1147 Posts: 2,274 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    YorkshireBoy wrote: »
    So that's Club Lloyds then?

    The easiest way is to open one Tesco Internet Saver and one Tesco Instant Access Savings Account, and then set up a DD to each of these from your Lloyds account for, say, £1 per month.
    Two of either would work, they don't have to be one of each.
  • tir21
    tir21 Posts: 1,030 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    bsms1147 wrote: »
    Two of either would work, they don't have to be one of each.

    What about a tesco current account?
  • thebritishbloke
    thebritishbloke Posts: 1,472 Forumite
    tir21 wrote: »
    What about a tesco current account?
    You can't set up a direct debit to fund a Tesco Current Account. The whole point in the direct debit to the savings accounts is that you can organise with Tesco to take money through that every month.
    Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.

    ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.
  • B_G_B
    B_G_B Posts: 502 Forumite
    tir21 wrote: »
    What about a tesco current account?
    Sadly, there is no current account available (including Tesco) that can have a DD pull set up.

    edit.... thebritishbloke beat me to it.
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