standing order to pay capital one card

craig.selby

Hi Could any one help want to set up a weekly standing order to pay my credit card off. I have gone through the Capital One website and my options are limited on there to Pay it all monthly or a set amount every month.

What details would i need to set up a standing order through my Barclays account? Would I be right in assuming that I just put the details off my card into the barclays form?

cse

Check the back of your monthly statement - there should be a sort code and account number under the "making a payment" heading (it's 40-02-50, 81077082 on mine but might vary by product). You can use these to set up a regular payment from your bank account, using the 16-digit card number as the payment reference

Be a bit careful with weekly standing orders, though - you need to ensure that the total payments made to your account between the cycle date and payment due date are enough to cover your minimum

[Deleted User]

craig.selby wrote: »

Hi Could any one help want to set up a weekly standing order to pay my credit card off. I have gone through the Capital One website and my options are limited on there to Pay it all monthly or a set amount every month.

What details would i need to set up a standing order through my Barclays account? Would I be right in assuming that I just put the details off my card into the barclays form?

You can set a standing order for any amount. Direct Debits offer a range of options from minimum to full, with some providers offering fixed amounts.

tripled

Direct Debits and standing orders are two different ways of transferring money, although often confused as being the same.

Generally speaking, a direct debit is set up and managed by the 3rd party (in this case Capital One), who request money from your bank (you can ask them to change it through their website or by calling them up).

A standing order is set up and managed by you through your bank, to send a payment at regular intervals. To change the amount, date, frequency, etc. you would instruct your bank (through online banking or by calling them up).

In this case, you are looking at the Cap One website, so the range of options is constrained to what they offer, which can vary between card providers. To set up a standing order, follow cse's advice above. I believe most (all?) banks will allow a weekly payment.

craig.selby

Thanks I will check my statement to see if the info is on there, I will cover the minimum payment just as I am weekly paid I find it easier to pay a bit each week rather than one lump a month.

CLAPTON

craig.selby wrote: »

Thanks I will check my statement to see if the info is on there, I will cover the minimum payment just as I am weekly paid I find it easier to pay a bit each week rather than one lump a month.

you might want to set up a DD for the minimum and use standing orders for 'extra'