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Savings accounts accepting DD's

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  • vixen1500
    vixen1500 Posts: 647 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    Typically confused and asking for advice
  • ForumUser7
    ForumUser7 Posts: 2,417 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I think it just goes towards the cost of running the website and payment processing services etc.
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Doc_N
    Doc_N Posts: 8,536 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I'd be more concerned about what happens to your personal and financial data - can you really trust the assurances on the website?
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    edited 1 March 2023 at 11:09PM
    Sprive might be of interest to mortgage holders desperate for an extra DD. £13 cashback via TCB, too. I have not used this myself as I have no need for new DD facilities, and have not researched it. DYOR
  • phillw
    phillw Posts: 5,660 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    flykiller said:
    I've Barclays and NatWest linked.  Both worked fine , one per week on each account for about 3 weeks.  I now get an error message when i click on add money via their paypal app
    I seem to remember they did re-enable it once when I contacted customer services, the next time they denied it was possible to re-enable it. I kinda gave up, but a different customer service agent might have done it too.

  • vixen1500
    vixen1500 Posts: 647 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I think it just goes towards the cost of running the website and payment processing services etc.
    Sounds a bit of a weird idea
    Typically confused and asking for advice
  • vixen1500
    vixen1500 Posts: 647 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Doc_N said:
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I'd be more concerned about what happens to your personal and financial data - can you really trust the assurances on the website?
     Yes  not one for me.  
    Typically confused and asking for advice
  • ForumUser7
    ForumUser7 Posts: 2,417 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    vixen1500 said:
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I think it just goes towards the cost of running the website and payment processing services etc.
    Sounds a bit of a weird idea
    Personally, if I was in need of direct debits, I would look at charities/credit unions and the like. I believe these are all registered and regulated, but I cannot see anything like a firm reference number on that small DD site
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • martinm1
    martinm1 Posts: 85 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    vixen1500 said:
    vixen1500 said:
    lucky77 said:
    Hello all. I was wondering if anyone has used a site called Small Direct Debit? If I set up 2 DDs with them, would they count for the current Santander and TSB switching offers respectively? The site is https://smalldirectdebit.co.uk/cheap-direct-debits/
    I used this site a while ago for an extra direct debit and it counted. I recall it being fairly straightforward to set up and also to cancel at a later date. 
    Might seem an odd question, but what happens to your money?
    I think it just goes towards the cost of running the website and payment processing services etc.
    Sounds a bit of a weird idea
    Personally, if I was in need of direct debits, I would look at charities/credit unions and the like. I believe these are all registered and regulated, but I cannot see anything like a firm reference number on that small DD site
    I would use plum - money can be transferred straight back and you can set the amount and frequency, plus stop at any time.  Personally I just transfer £2 once per month, then just transfer it straight back - so you only risk that money for a couple of days (even though they are regulated etc) .  Natwest require minimum of £2 each month, others vary.

    Seems like this small DD company has just been set up to make money off all those people who set up DD's with them.
    micheal5kr.gif
  • Ghostcrawler
    Ghostcrawler Posts: 391 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Is there a new post with the upto date list?

    FYI, just yesterday got a letter from Britannia Savings (part of co-op) that they are moving all savings to co-op bank select access saver account and DD will cease.  Co-op select access saver account do not accept funding via DD.  I have 2 saver accounts and was using for DD, with this I will be losing 2 DDs
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