We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Savings accounts deposits by Direct Debit? UPDATED
Comments
-
I seem to remember that the 1 nominated account from which you can pull money by DD applies to all the savings accounts. So multiple PO savings accounts won't help.
I'm afraid you're wrong. I have several PO accounts (even two of the same issue) all with different nominated bank accounts.0 -
NoodleDoodleMan wrote: »Would a paper mandate form do the business ?
http://www.tescobank.com/assets/sections/onlinebanking/pdf/online_savings_ddi.pdf
I doubt they would allow you to pull money into a Tesco current account from elsewhere but you're welcome to try.
Let us know how you get on.0 -
How does that help? A DD needs to be pulled by an institution of some sort - and they will have online forms of their own. A form by itself does nothing unless there is a mechanism to pull the DD
If they can, then that official Tesco Bank mandate form indicated may well do it ?
There's nothing on it, as far as I can see, that states it's only for savings accounts only.0 -
NoodleDoodleMan wrote: »I don't know if a Tesco current account can be funded by DDs or not0
-
NoodleDoodleMan wrote: »http://www.tescobank.com/assets/sections/onlinebanking/pdf/online_savings_ddi.pdf
There's nothing on it, as far as I can see, that states it's only for savings accounts only.
Clue in the link "... online_savings_ddi"0 -
Cheers.
I didn't think it was possible - now confirmed.0 -
Would a charity accept a DD then decide it wasn't enough to take?
6x DDs (all £1) set up for 3x Vantage accounts last month - the DDs are showing on the accounts, but no money has been taken yet (3x Cancer Research were due on the 5th, 3x PDSA which I thought were due early in the month)Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20250 -
Merlin's_Beard wrote: »Would a charity accept a DD then decide it wasn't enough to take?
6x DDs (all £1) set up for 3x Vantage accounts last month - the DDs are showing on the accounts, but no money has been taken yet (3x Cancer Research were due on the 5th, 3x PDSA which I thought were due early in the month)Warning: In the kingdom of the blind, the one-eyed man is king.
0 -
Consumerist wrote: »They take a couple of weeks to set up so you might have missed any set up for collection early this month. If that's the case it might be next month before they are called again.
It's been 4-5 weeks (set up 7th August) so they should have processed then.Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £226,957.97
Start student loan 2012: £29,750; current student loan: CLEARED July 20250 -
Merlin's_Beard wrote: »It's been 4-5 weeks (set up 7th August) so they should have processed then.
I can only suggest you contact the charities involved - perhaps it's not worth their while to collect £1.00 DDs.
Have you considered Tesco's Online Saver accounts?Warning: In the kingdom of the blind, the one-eyed man is king.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards