Club Lloyds and DDs

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talexuser
talexuser Posts: 3,500 Forumite
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edited 26 March 2016 at 3:45PM in Savings & investments
Does a tesco savings DD qualify as one of the required for this account?

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  • LXdaddy
    LXdaddy Posts: 693 Forumite
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    Is there anything in the T&C about what type of Direct Debit you need to qualify?


    If it doesn't mention some qualification criteria then there are none.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
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    Not for much longer I fear!

    OP, I assume you now realise you'd missed the 'must pay out 2 DD for interest' information on several pages of preamble about the account?...hence the hasty edit. ;)
  • talexuser
    talexuser Posts: 3,500 Forumite
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    edited 26 March 2016 at 4:22PM
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    Yes, no mention when you signed up from an existing account, or at least I missed it. Never mind, got a subscription out of it, but running low on DDs.

    If I use paypal does money have to be pulled out every so often or is it enough just to set it up?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
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    talexuser wrote: »
    Yes, no mention when you signed up from an existing account, or at least I missed it. Never mind, got a subscription out of it, but running low on DDs.

    If I use paypal does money have to be pulled out every so often or is it enough just to set it up?
    You also missed this...
    Up to 4% AER variable credit interest
    Earn credit interest on your whole balance up to £5,000, if you pay two separate Direct Debits each month.
    My emphasis.
  • talexuser
    talexuser Posts: 3,500 Forumite
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    Hmm... I'd have to take £1 a month out to both Paypal and Tesco.
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