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Bank of Scotland Vantage needs 2 dds
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Earn £5 each month that you pay in £750, pay out two different direct debits and stay in credit
Same type of wording for Halifax.
They look for 2 separate mandates, if this is met, the reward/interest is paid.
Should be okI’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
Same type of wording for Halifax.
They look for 2 separate mandates, if this is met, the reward/interest is paid.
Should be ok
I have a Halifax account but the DD are from two different sources 1 for my Phone 1 for my car so not from the same account.
Dont know if it would work if they came from the same bank account0 -
Qualifying for Vantage
It is straightforward, simply:
pay at least £1000 into your account each month, and
stay in credit (above £0).
We are making some important changes to our Vantage qualifying criteria. From 1st September 2016, in addition to the current qualifying criteria, you’ll also need to pay at least two different Direct Debits from your Bank of Scotland Vantage account each calendar month to receive credit interest.
This is what it says in the BOS terms and conditions still confusing:huh:
If i set up another 3 dd from the same Tesco Internet saver account will this will meet the 2 dd's per BOS account or dose it have to be from a different Tesco account like 1 from Tesco Internet Saver and 1 from Tesco Instant Saver
If i have to open an Instant saver, not a problem only takes a quid to open0 -
The Tesco reference on the Tesco internet Saver and Tesco Instant Saver are different when you set up a direct debit so would count as two different direct debits"Look after your pennies and your pounds will look after themselves"0
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typistretired wrote: »The Tesco reference on the Tesco internet Saver and Tesco Instant Saver are different when you set up a direct debit so would count as two different direct debits
Thats what iv decided to do.
Had no trouble setting things up. the DD's will come out up to 10 days from set up :T0 -
Is it a fact then, that if I use my 2 Tesco Internet Savers to make the DD's I will not satisfy T&C's. I have used them for all the other 5% accounts ie. Santander and Club Lloyds.
If that is the case can I open a third Tesco saver this time the Instant Saver.0 -
Is it a fact then, that if I use my 2 Tesco Internet Savers to make the DD's I will not satisfy T&C's. I have used them for all the other 5% accounts ie. Santander and Club Lloyds.
If that is the case can I open a third Tesco saver this time the Instant Saver.
Yes, they will meet the criteria if they show as two separate DD mandates on your BOS account.
Some of the information is becoming very confusing aboveI’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
-
Is it a fact then, that if I use my 2 Tesco Internet Savers to make the DD's I will not satisfy T&C's.I have used them for all the other 5% accounts ie. Santander and Club Lloyds.If that is the case can I open a third Tesco saver this time the Instant Saver.
Still confused?0
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