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Pesky Direct Debits can I use...

twang72

twang72 Posts: 66 Forumite

31 January 2016 at 5:45PM in Savings & investments

AA car insurance and Corgi home insurance as 2 direct debits for santander 123 ?

I was worried since the home insurance only comes out once a year, and AA insurance 4 times over the year so it may not poll with santander 123 as active direct debits or does it have to be like a monthly dd ?

Thanks in advance

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Comments

morvin777 Posts: 33 Forumite

31 January 2016 at 5:48PM

Afraid it has to be monthly DD to qualify for the 3% interest

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YorkshireBoy Posts: 31,541 Forumite

31 January 2016 at 5:50PM

morvin777 wrote: »

Afraid it has to be monthly DD to qualify for the 3% interest

That's incorrect. Unlike Halifax Rewards and Club Lloyds interest, the Santander DDs merely need to be set up, not paid out each month.

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colsten Posts: 17,597 Forumite

31 January 2016 at 6:12PM

If you are short of DDs, you can get more through https://gocardless.com/ where a £1 DD costs you 1p.

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Dan83 Posts: 673 Forumite

31 January 2016 at 6:48PM

You can give me a few quid a month via direct debit if you like?

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twang72 Posts: 66 Forumite

31 January 2016 at 8:20PM

This looks very good, thank you

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