Savings accounts deposits by Direct Debit? UPDATED

waqasahmed

2010 wrote: »

Well Yorky short of getting married and trusting and sharing with one another I`m afraid you`re stuck with the limit you have.
A married couple as you know can have one each and a joint one making £60k.
Why don`t you complain that singles are being discriminated against.
Quote the human rights act, that usually does the trick.;)

Just let it go 2010

https://www.youtube.com/watch?v=L0MK7qz13bU

Besides, there's bound to be loads more banks than just Al Rayan bank, that allow you to put an FTD in there. Mostly they tend to be foreign tho

masonic

2010 wrote: »

Well Yorky short of getting married and trusting and sharing with one another I`m afraid you`re stuck with the limit you have.
A married couple as you know can have one each and a joint one making £60k.

I didn't think it was a requirement to be married in order to open a joint account.

waqasahmed

masonic wrote: »

I didn't think it was a requirement to be married in order to open a joint account.

This is true. You can open one up with whoever tbh

2010

waqasahmed wrote: »

This is true. You can open one up with whoever tbh

You`ve said it, and let`s hope they will be honest if you do.;)

YorkshireBoy

2010 wrote: »

Well Yorky short of getting married and trusting and sharing with one another I`m afraid you`re stuck with the limit you have.
A married couple as you know can have one each and a joint one making £60k.
Why don`t you complain that singles are being discriminated against.
Quote the human rights act, that usually does the trick.;)

It was just a typo then. And there's me getting my hopes up (for 4 accounts...by your accounting system ).

waqasahmed

@Yorkie Boy

As far as I understood, Tesco were paying 1.35% (with the bonus) provided you don't take any money out for a year right???

There's definitely better accounts out there for that

waqasahmed

2010 wrote: »

You`ve said it, and let`s hope they will be honest if you do.;)

Well Im hardly going to open it with absolutely any one Im just saying in theory, you can open it with any one!

YorkshireBoy

waqasahmed wrote: »

@Yorkie Boy

As far as I understood, Tesco were paying 1.35% (with the bonus) provided you don't take any money out for a year right???

There's definitely better accounts out there for that

I don't think the bonus is affected by withdrawals is it?


It was 1.4% until very recently I believe. I just missed it (by a few days) and had to settle for 1.35%.


There are reasons for using this account for (some) savings, which I won't go into here...suffice to say I'd be very interested to hear of any instant access savings accounts that can beat that rate (by a meaningful amount).

2010

waqasahmed wrote: »

@Yorkie Boy

As far as I understood, Tesco were paying 1.35% (with the bonus) provided you don't take any money out for a year right???

There's definitely better accounts out there for that

I opened a couple of Tesco`s for one reason only, to get the DDs.

There may be better rates such as Coventry 1.4% but the AA have just chopped theirs to 1.25%
With low inflation, the Fund for Lending rates can only go down.
Little wonder the 65+ bonds are being snapped up.

http://moneyfacts.co.uk/savings/easy-access-savings-accounts/

waqasahmed

YorkshireBoy wrote: »

I don't think the bonus is affected by withdrawals is it?


It was 1.4% until very recently I believe. I just missed it (by a few days) and had to settle for 1.35%.


There are reasons for using this account for (some) savings, which I won't go into here...suffice to say I'd be very interested to hear of any instant access savings accounts that can beat that rate (by a meaningful amount).

AH I thought it was if you left it for 12 months... Hence the "bonus"

Next best, State bank of India and the AA aren't TOO bad:

http://www.moneysupermarket.com/savings/easy-access-accounts/