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First Direct £100

I opened an account with First Direct 4 months and was promised £100 into my account if I paid in £1500 each month for the first three months of the account's opening.

I called First Direct last night to ask when I woul receive the money but was informed that the mothly salary had to be £1500. Since my salary was less than this I had been topping up by making cheque payments or transfers from other accounts to ensure the required £1500 deposit was made.

Does anyone know where I stand on this? Anyone else had a similar experience?

Comments

  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    the terms refer to paying in a salary of £1500 - you could try maintaining your salary comes from several sources
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    paul179 wrote: »
    I called First Direct last night to ask when I would receive the money but was informed that the monthly salary had to be £1500. Since my salary was less than this I had been topping up by making cheque payments or transfers from other accounts to ensure the required £1500 deposit was made.

    Does anyone know where I stand on this?
    Generally payments 'over the counter' are accepted as 'credits' for top up amounts to the predetermined level of funding - whereas internal payments/transfers are not. This deal will depend on what the terms state. If First Direct are correct about it all having to come from salary then the only comeback I could imagine is if you were misled at the start - but given First Direct's customer service and training is so good they are the least likely organisation to have misunderstood their own offers.
    .....under construction.... COVID is a [discontinued] scam
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