Tesco Savings DDs

greenglide

You mean set up a DD from a Ford account?

I don't believe they do that at all.

castle96

Just opened a Ford saver. Think they do DDs willl see shortly. Last one needed now. If they do DDs then you can have multiple a/cs, therefore multiple DDs/nominated a/cs

Richchad

castle96 wrote: »

Just opened a Ford saver. Think they do DDs willl see shortly. Last one needed now. If they do DDs then you can have multiple a/cs, therefore multiple DDs/nominated a/cs

Doesn't look like Ford Money do DDs.
From their T&Cs..

You can make deposits into your
Ford Money savings account from
your Nominated Account via BACS,
CHAPS, Faster Payments or
Standing Order.

AirlieBird

castle96 wrote: »

Just opened a Ford saver. Think they do DDs willl see shortly. Last one needed now. If they do DDs then you can have multiple a/cs, therefore multiple DDs/nominated a/cs

The ability to do DDs on the Newcastle platform that Ford uses was removed years ago. It also only allows 1 nominated account that covers all accounts held.

10_66

Is this bizarre or normal? Having spent what feels like half my life setting up new DDs to replace those that will be lost from Tesco, I logged on to my tesco accounts yesterday (and again today) and tried to delete the linked accounts under the recipient accounts (having already cancelled the respective DDs with various bank accounts). I just kept getting this message "We can't delete this account as there are still payments scheduled. Please cancel the payments before you delete this account".

There are no scheduled payments to be made though, I cancelled the DDs around a month before the next ones would have been due. I'm surprised by the message, considering they're axing them next month anyway. Any ideas?

castle96

Do we NEED to do anything, ie cancel DDs. Wont they just fizzle out?

KTF

I am not planning to as they may 'forget' so waiting to see what happens.

10_66

castle96 wrote: »

Do we NEED to do anything, ie cancel DDs. Wont they just fizzle out?

No, I don't think we need to do anything with them, just trying to tidy things up and close the accounts as I won't need them now.

polymaff

10_66 wrote: »

... tried to delete the linked accounts under the recipient accounts .... (having already cancelled the respective DDs with various bank accounts).

Those two actions are logically the same thing - except, I suspect, you really didn't mean what you wrote.

Not the clearest description of a process I've ever read.

I guess that the correct response to the emboldened text above might be "No you didn't!" - but I'm not sure !!!

Herbalus

There's a lot of scrabbling around on this thread. Are DDs really that hard to come by?

Mine are as follows:
Barclays - LISA, S&S ISA
Co-op - Council Tax, Broadband, Mobile, Gas
Halifax - Credit card, longstanding charity
Lloyds - 2 credit cards
TSB - none needed on my version

I know I could move cashback DDs to Natwest, but I've actually just transferred them out of there to Co-op because it's not worth it for me really. Those DDs are low so I make just over £1/month net on that account. Better in Co-op.