Ive ran out of Direct Debits to get the interest rates

ceredigion

sai5 wrote: »

Thank You for the information

Ceredigion try this thread
https://forums.moneysavingexpert.com/discussion/4168667

Well there's polite .
All though the thread is a interesting read in reality Tesco's is the answer.

nonolerigolo

sai5 wrote: »

Yes now they do to get £100 bonus for switching. Another way to create DDs.

Thank You

Following on that, this is for the 5£ for the halifax for one account. It require 2 dd which I need.

Is it possible to put 2dd from the same tesco saving account (which will pay twice a month). Or do I need to open two different tesco savings?
Thanks

Steve_xx

nonolerigolo wrote: »

Following on that, this is for the 5£ for the halifax for one account. It require 2 dd which I need.

Is it possible to put 2dd from the same tesco saving account (which will pay twice a month). Or do I need to open two different tesco savings?
Thanks

No it isn't possible to satisfy the HBOS requirement with two DD mandates from the same Tesco savings account. You will need to open a second Tesco savings account. Job done!

Vortigern

Steve_xx wrote: »

No it isn't possible to satisfy the HBOS requirement with two DD mandates from the same Tesco savings account. You will need to open a second Tesco savings account. Job done!

Absolutely right. One account could be a Tesco Internet Saver, the other a Tesco Instant Access Saver. These two accounts could furnish the DDs for any number of current accounts.

Snowbelle

Vortigern wrote: »

Absolutely right. One account could be a Tesco Internet Saver, the other a Tesco Instant Access Saver. These two accounts could furnish the DDs for any number of current accounts.

Is it possible to open 2 Tesco Internet Saver accounts does anyone know please?

Fruit_and_Nut_Case

Snowbelle wrote: »

Is it possible to open 2 Tesco Internet Saver accounts does anyone know please?

Here's the Ts&Cs. I can't find anything to say yes or no.

Snowbelle

Fruit_and_Nut_Case wrote: »

Here's the Ts&Cs. I can't find anything to say yes or no.

That's what I thought when I read them.

Fruit_and_Nut_Case

Snowbelle wrote: »

That's what I thought when I read them.

None of my business, really, but care to say why someone might want more than one?

Steve_xx

Snowbelle wrote: »

That's what I thought when I read them.

Yes you can open two. However, there are two Tesco accounts with slightly differing names. If you need them primarily for the direct debits on other accounts then simply go for one of each, ie Internet Saver and Instant Access Savings.

anotheruser

No wonder there are so many "forgotten" bank accounts out there.

Some people are just being greedy. If you're desperate for the extra £90 a year, spend your time getting a better job rather than scrabbling over the interest rates.