Santander and Tesco?

YorkshireBoy

sosad1968 wrote: »

I have indeed looked at both websites and neither makes any reference to direct debits needing to be set up.

I reached the same conclusion a couple of years ago when I read the T&Cs because, as Archi says above, they don't say you do need them (like Santander, Club Lloyds, Halifax, et al do). However, the present T&Cs may differ from those I read a couple of years ago...and to be blunt I wasn't prepared to go read something you could go read yourself.

However, this being a site full of friendly and helpful people, I thought I'd double check by asking the question on here.

Double checking is when you post something and ask if your understanding is correct. You asked (or appeared to ask) a lazy question...twice!...and as you now know I don't do spoonfeeding very well. However, I'll go out of my way to help others if they share the work.

Has anyone on here set up one of these accounts who can confirm?

Yes I have 3 of them and can confirm you do not need DDs at the moment. Additionally, should you decide to open more than one you can also internally fund them, meaning they're 'maintenance free' (other than occasionally skimming interest off). Now that's helpful isn't it.

sosad1968

Archi_Bald wrote: »

that's pretty much telling you then that they do not require DDs as if they did they would say they do.

Brilliant. Thanks

sosad1968

YorkshireBoy wrote: »

I reached the same conclusion a couple of years ago when I read the T&Cs because, as Archi says above, they don't say you do need them (like Santander, Club Lloyds, Halifax, et al do). However, the present T&Cs may differ from those I read a couple of years ago...and to be blunt I wasn't prepared to go read something you could go read yourself. :)Double checking is when you post something and ask if your understanding is correct. You asked (or appeared to ask) a lazy question...twice!...and as you now know I don't do spoonfeeding very well. However, I'll go out of my way to help others if they share the work.Yes I have 3 of them and can confirm you do not need DDs at the moment. Additionally, should you decide to open more than one you can also internally fund them, meaning they're 'maintenance free' (other than occasionally skimming interest off). Now that's helpful isn't it.

Thank you. Off to open accounts now!

YorkshireBoy

sosad1968 wrote: »

Thank you. Off to open accounts now!

If by that you mean more than one BoS account, I'd suggest waiting at least one business day (ideally two) between applications. Others will say it's worked for them, but I wouldn't chance it.