Can't arrange August's Paypal DD, only ̶8̶ ̶7̶ 6 working days left.

badger09

Kernel_Sanders wrote: »

I've just tried but Tesco shifted my requested date to the first available...1st September

When you made your 7th/succesfull attempt on the 27th July, was this at a different time of day, or did you approach the transaction in a slightly different way?

I just kept trying every couple of hours. Same approach, though I made sure to clear browsing history, cookies etc in between attempts. Sorry I can't be more helpful.

Basically I lost a month's interest because a car service plan DD finished a month earlier than I'd expected - entirely my own fault:o
Spookily, the payment was for only slightly less than the monthly interest I lost - silver lining/glass half full :rotfl:

Kernel_Sanders

karlie88 wrote: »

For Lloyds, Halifax and BoS, DDs being debited on 1st Sept will be ok if you're looking at getting the interest/£5 reward for the month of August.

Club Lloyds specify it's a calendar month here where it states
Earn variable tiered credit interest on balances between £1 and £5,000 when you pay at least two separate Direct Debits from your Club Lloyds current account each calendar month.
Furthermore, if they allowed both DDs to come from Tesco, then I suppose they wouldn't have used the word separate.

Ed-1

Kernel_Sanders wrote: »

Club Lloyds specify it's a calendar month here where it states
Earn variable tiered credit interest on balances between £1 and £5,000 when you pay at least two separate Direct Debits from your Club Lloyds current account each calendar month.
Furthermore, if they allowed both DDs to come from Tesco, then I suppose they wouldn't have used the word separate.

I can confirm that a direct debit taken on the 1st of the following month (or the first working day) still qualifies (as does the pay in of £1500). The system will still credit the interest if the requirements have been met before it has been paid. I know because it's worked for me before although I'm not then sure whether they'd then count as meeting the conditions for the following month (as technically you've still met the T&Cs of doing it within the calendar month for the following month's interest).

Get your skates on and set up the payment

2 direct debit mandates pulled from within the monthly billing period are all that's needed to earn the interest. 2 Tesco mandates do just fine. It's not separate as in separate organisations.

karlie88

Kernel_Sanders wrote: »

Club Lloyds specify it's a calendar month here where it states
Earn variable tiered credit interest on balances between £1 and £5,000 when you pay at least two separate Direct Debits from your Club Lloyds current account each calendar month.
Furthermore, if they allowed both DDs to come from Tesco, then I suppose they wouldn't have used the word separate.

As long as 2 separate DD mandates are set up on your Lloyds account and are debited on the 1st working day of the month (plus payment requirements etc.), then you will get the interest for the previous month - that's despite what their T&Cs say.

If you just have one Tesco savings account, you can create 2 separate DD instructions for your Lloyds account by inputting slightly different variations for the account name e.g. K Sanders and Kernel Sanders.

You're just going to have to trust what I say on this (along with others, see below for links). If the PayPal method continues to be a problem, then setting up DDs via Tesco Bank TODAY will work for you - but you're getting really close to today's cut off period (sometime between 3pm - 5pm, not sure exactly).

I also talk/type from experience.

https://forums.moneysavingexpert.com/discussion/5051234

http://forums.moneysavingexpert.com/showpost.php?p=67621824&postcount=3

Ed-1

karlie88 wrote: »

As long as 2 separate DD mandates are set up on your Lloyds account and are debited on the 1st working day of the month (plus payment requirements etc.), then you will get the interest for the previous month - that's despite what their T&Cs say.

If you just have one Tesco savings account, you can create 2 separate DD instructions for your Lloyds account by inputting slightly different variations for the account name e.g. K Sanders and Kernel Sanders.

You're just going to have to trust what I say on this (along with others, see below for links). If the PayPal method continues to be a problem, then setting up DDs via Tesco Bank TODAY will work for you - but you're getting really close to today's cut off period (sometime between 3pm - 5pm, not sure exactly).

I also talk/type from experience.

https://forums.moneysavingexpert.com/discussion/5051234

http://forums.moneysavingexpert.com/showpost.php?p=67621824&postcount=3

This is excellent advice and I can confirm it's all correct from experience also. I'd make one amendment: rather than using different account names when setting up two direct debits to the same linked account from the same Tesco saver, use different account nicknames - it has the same result (i.e. it works and sets up 2 mandates) but can avoid fraud referrals as the account name field should always be the same (your name).

I've also had trouble with PayPal displaying error messages in previous months. It seems to happen randomly and then after a day or two it works again for one or more direct debit payments then reappears and so on. You've just got to keep trying once a day to request a direct debit pull and hope it works.

Kernel_Sanders

Ed-1 wrote: »

Get your skates on and set up the payment

karlie88 wrote: »

but you're getting really close to today's cut off period (sometime between 3pm - 5pm, not sure exactly

Thanks you two, 3.06pm looks like a turning point for me, and I'll be getting my £16+! I did in fact set up the DD that defaulted to 1 September at the time, because I intend doing everything at the start of each month in future. I'm now trying to save around £5 on the Co-0p, because I'm also short of 3 DDs with them too. I guess 1st Sept won't qualify as they're not in the HBoS group; will Paypal process multiple DDs from the same bank on the same day?

beefturnmail

I've had similar issues with paypal, and have now set up all 'qualifying' dds to go to my Tesco Internet Saver, so that I don't have to faff with paypal anymore.

Kernel_Sanders

Paypal's software finally relented on Saturday, setting up a DD from Lloyds for Friday 26th. It didn't let me set up my second August DD to the Co-op Bank until yesterday though (also the 26th). I'm now wondering what time to give it before trying for a Co-op DD for the following working day (30th). This will be for a different sum, but I don't want to risk Paypal choosing between them if it sees two DDs from the same bank on the same day.