What interest are you getting here?

bigadaj

GingerBob wrote: »

I just did. Easy. No ID requirements. You're right - you can't trust them, but I'll take their money anyway.

It'll all end in tears, mark my words.

jennifernil

Had BOS acounts for several years, always been fine to deal with.

Katiehound

bigadaj wrote: »

It'll all end in tears, mark my words.

Yes, it probably will when they deem 3% to be too generous!

takman

GingerBob wrote: »

I just did. Easy. No ID requirements. You're right - you can't trust them, but I'll take their money anyway.

So the bank offers you a few quid in interest and you happily provide all your personal details and allow a search of your credit file by them, which are two of the main institutions that you constantly preach against on here (banks and credit agencies).

It seems everyone has their price and yours seem very low haha :rotfl:

GingerBob_3

On a related issue here: the requirement is to have two active direct debits. What about if one, or maybe both of them, is what you might call "intermittent". For instance, a DD on a credit card account for which some months there won't be a payment. Do they still accept these?

polymaff

GingerBob wrote: »

On a related issue here: the requirement is to have two active direct debits. What about if one, or maybe both of them, is what you might call "intermittent". For instance, a DD on a credit card account for which some months there won't be a payment. Do they still accept these?

It'll be in the T&Cs. If you are still talking LBG, then my experience is that a payment must be regularly taken. Rather awkward with irregular payments as you describe. Also with Council Tax where they take 10 payments per year.

GingerBob_3

polymaff wrote: »

It'll be in the T&Cs. If you are still talking LBG, then my experience is that a payment must be regularly taken. Rather awkward with irregular payments as you describe. Also with Council Tax where they take 10 payments per year.

Thanks. I'll check the T&Cs but I suspect it might be as you say. I'll set up a DD for minimum on one of my cards that I definitely use every month.

Katiehound

polymaff wrote: »

Also with Council Tax where they take 10 payments per year.

For the last 2? years you have been able to pay Council tax with 12 installments. That instruction is generally hidden in the small print on the back of your bill. You need to contact them before the new tax year otherwise the DD by default will be set for 10 payments (Crafty!!) You may be able to adjust the payments in the first month or two but not at this late stage. (Well, you could ask)

2 x DDs required to pay every month.
That nice supermarket internet saver comes in very handy in this case!! You know... "every penny counts"

TheShape

Katiehound wrote: »

For the last 2? years you have been able to pay Council tax with 12 installments. That instruction is generally hidden in the small print on the back of your bill. You need to contact them before the new tax year otherwise the DD by default will be set for 10 payments (Crafty!!) You may be able to adjust the payments in the first month or two but not at this late stage. (Well, you could ask)

2 x DDs required to pay every month.
That nice supermarket internet saver comes in very handy in this case!! You know... "every penny counts"

My local council (London Borough of Havering) switched me to 12 monthly payments when I contacted them last month. They just recalculated to spread payments across the remainder of the financial year.

eskbanker

GingerBob wrote: »

Thanks. I'll check the T&Cs but I suspect it might be as you say. I'll set up a DD for minimum on one of my cards that I definitely use every month.

You don't even need to get into the detailed Ts & Cs to answer your question, it's answered on the product's front page that you linked to in your opening post! So, the requirement isn't "to have two active direct debits", it's to "pay at least two different Direct Debits from your account each calendar month".