12 DDs for 4 Tesco bank accounts??

SnowTiger

Circle is another option for someone looking for a free direct debit.

It's a method for sending money from one person to another. No fees, and you can top up your account via debit card or direct debit.

You could top up your account via DD (or debit card), then withdraw the payment. You don't have to send money to anyone, however to stay under the radar you'd probably be wise to swap money between yourself and a friend, family or partner.

They also offer referrers and the punters they sign up a free $5 each when the punter deposits and sends £25 or more.

As with many of these new FinTech companies that have popped up, it's difficult to see how they can break even, let alone make a profit. I guess it's all about building market share at the moment.

Mchambers

OP...Use TESCO Bank (multiple DDs allowed, on both, their Internet Saver and their Instant Access Saver) accounts to set up d/debits made payable to yourself.

I have done this loads of times.

HTHs.

binaryuniverse

Mchambers wrote: »

OP...Use TESCO Bank (multiple DDs allowed, on both, their Internet Saver and their Instant Access Saver) accounts to set up d/debits made payable to yourself.

You can not use Tesco savings accounts to satisfy the DD requirements of a Tesco current account.