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Bank of Scotland Vantage needs 2 dds

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  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    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 ok :D
    I’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.

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  • Radaday
    Radaday Posts: 55 Forumite
    Dobbibill wrote: »
    Same type of wording for Halifax.

    They look for 2 separate mandates, if this is met, the reward/interest is paid.

    Should be ok :D

    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 account
  • dggar
    dggar Posts: 670 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Radaday wrote: »
    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 open
    Just open one of each of the saver accounts that Tesco offer, you can then stop worrying about the BOS t&c.
  • Radaday
    Radaday Posts: 55 Forumite
    dggar wrote: »
    Just open one of each of the saver accounts that Tesco offer, you can then stop worrying about the BOS t&c.

    Not worried about it Dggar just trying to help people out.

    Thats what i thought this site was all about
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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"
  • Radaday
    Radaday Posts: 55 Forumite
    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 :T
  • caveman38
    caveman38 Posts: 1,311 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    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.
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    caveman38 wrote: »
    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 above
    I’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.

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  • caveman38
    caveman38 Posts: 1,311 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Dobbibill wrote: »
    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 above



    I'm still confused. I said "will not qualify" and you said "yes they will qualify". Sorry if I have lost the plot.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    caveman38 wrote: »
    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.
    No.
    I have used them for all the other 5% accounts ie. Santander and Club Lloyds.
    Looking good so far then.
    If that is the case can I open a third Tesco saver this time the Instant Saver.
    It isn't, but if it was the answer would be yes.

    Still confused?
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