Savings accounts deposits by Direct Debit? UPDATED

surreysaver

Deleted_User wrote: »

Post Office savings accept direct debits. I can't see them listed.

Does it allow more than one direct debit like the Tesco accounts? Or can you have more than one Online Saver?

pmjenkins

Only one per online saver but I've got three accounts (two of the same issue)

pantaiema

greenglide wrote: »

To meet the new requirement for DDs for the Tesco current account they must be DDs for other than tesco - you cannot use the Internet saver for this.

What you can do is shift "real" DDs to be paid from tesco and use the Internet saver to replace them?

So move telephone, water etc to Tesco and set up DDs from Internet saver for the account where they were paid. Of course if you were using the cash back from Santander 123 account this doesn't work.

Not a good move if you have a current account which will give you cashback for utility bill such as Santader, Natwest.

surreysaver

Deleted_User wrote: »

Post Office savings accept direct debits. I can't see them listed.

Can you change the account the direct debit is with online?

soulsaver

surreysaver wrote: »

Can you change the account the direct debit is with online?

I've just rekindled an online saver I had with the PO in the past, put in a couple of quid by DCard and was looking how to set up a reg deposit by DD from my nominated ac. - I get 'You haven't got a DD mandate set up - contact customer services'.
So I suspect changes need to go through CS, too.

pmjenkins

surreysaver wrote: »

Can you change the account the direct debit is with online?

Yes.

From the "Regular deposit" menu option select "Amend / cancel existing"

pantaiema

pmjenkins wrote: »

Only one per online saver but I've got three accounts (two of the same issue)

Is it still allowed to have multiple online savers nowadays?

surreysaver

I've applied for a couple of Scottish Widows Internet Savers - they want proof that the accounts I've created direct debits from are my accounts! As they're new accounts, I haven't got a statement to send them, and I didn't ask for a chequebook, so cannot send them a voided cheque either!

Consumerist

pantaiema wrote: »

Is it still allowed to have multiple online savers nowadays?

I have two and, as far as I know, the only restriction is that Tesco reserves the right to limit the number opened by a customer..

surreysaver

adindas wrote: »

Does Scottish widow allow multiple DD in one accounts ?

thanks

Just the one direct debit. I don't know many accounts they'll let you open - I opened two.