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Don't forget TSB Plus Interest and eligible amount going down on 4 Jan 2017

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Comments

  • Also, any DDs that went out today won't count for January (at least for BoS). Can anyone confirm that this doesn't also apply to funding made today?

    At least s/he didn't make a new thread about it!

    The B of S Vantage terms and conditions state that you must pay in at least £1000 in a calendar month, and pay out 2 DD's in a calendar month, to qualify for interest. So I read that DDs paid today will qualify for January as will funding made today. Am I wrong?
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 3 January 2017 at 5:51PM
    So I read that DDs paid today will qualify for January as will funding made today. Am I wrong?
    Yes, according to karlie88 on this thread. Her advice went unchallenged.
  • Yes, according to karlie88 on this thread. Her advice went unchallenged.

    I don't see how a DD payment leaving an account on 3 January won't count as a DD paid in the calendar month of January. Can someone explain?
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 2,000 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I don't see how a DD payment leaving an account on 3 January won't count as a DD paid in the calendar month of January. Can someone explain?

    Mine will!

    I think the kernal is confusing matters with his own quandary about whether his late December DD will count for his December interest from BOS if it actually goes out in January. If it was only delayed by the holiday period then it should count as a December DD just as my DD set up for 1st of January 2017 will count for my January interest even though it was paid out today!
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 3 January 2017 at 7:35PM
    Mine will!

    I think the kernal is confusing matters with his own quandary about whether his late December DD will count for his December interest from BOS if it actually goes out in January. If it was only delayed by the holiday period then it should count as a December DD just as my DD set up for 1st of January 2017 will count for my January interest even though it was paid out today!
    The OP in my thread clearly stated that Tesco had set up the DD to leave on 3 January but I retained £5000 in the account for the last fortnight of December because nobody challenged karlie88's advice. If it was wrong as you imply, then I will lose faith in this sub-board.
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 2,000 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 January 2017 at 7:56PM
    The OP in my thread clearly stated that Tesco had set up the DD to leave on 3 January but I retained £5000 in the account for the last fortnight of December because nobody challenged karlie88's advice. If it was wrong as you imply, then I will lose faith in this sub-board.

    If you read my post again you should see there are two distinct scenarios, one for DDs set up for December but paid in January due to the Saturday 31st to January 2nd holiday and the other contrary to your assertion, is that DD,s set up for January as mine is DO COUNT for the January DD requirement for BOS interest. So yes if your DD wasn't due to go out on 31st December and didnt go out prior but was actually set up for January 2017 then of course it won't count as a December DD.

    And when are you going to stop your last day of the month shenanigans for so many of your transactions then coming on here to bleat about all the problems it causes you and then BLAMING the people that try to help you in good faith!
  • So yes if your DD wasn't due to go out on 31st December and didnt go out prior but was actually set up for January 2017 then of course it won't count as a December DD.
    Which is exactly what I explained in my thread and also in my previous post. So, why would I need to read yours again if I understood what you were implying?
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 2,000 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 4 January 2017 at 12:22AM
    Which is exactly what I explained in my thread and also in my previous post. So, why would I need to read yours again if I understood what you were implying?

    You just don't get it do you. Abusing people who try to help you with all your self inflicted dramas.

    By the way this thread which I started was for TSB.
  • Madison
    Madison Posts: 174 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Just opened a second Tesco account and will move money there once it's signed off.
  • Frogletina
    Frogletina Posts: 3,927 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've just moved 2 x £500 to my Santander account.

    frogletina
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
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