Top Bank Accounts Discussion Area

polymaff

menaistrait said:

Halifax account. To qualify:

• Spend £500 on your debit card each month

^^The Halifax website say you have to spend it on  your card... ie at retailers

Or, do what I did this morning.  Fund an NS&I Direct Saver with £500 using your Debit Card.

Then pull the funds out, if you want to, after the funds have cleared (about 10 days later).

menaistrait

gt94sss2 thats exaclty what i'm saying
schiff and polymaff how do you do a deposit specifically via the card ? i dont have a skipton or NS&I accoount are they specific in letting you pull money in from a source? i have accounts with santander, nationwide and atom but haven't seen any options to do this only a standard bank transfer

Daliah

menaistrait said:

gt94sss2 thats exaclty what i'm saying
schiff and polymaff how do you do a deposit specifically via the card ? i dont have a skipton or NS&I accoount are they specific in letting you pull money in from a source? i have accounts with santander, nationwide and atom but haven't seen any options to do this only a standard bank transfer

Very few providers let you make deposits by debit card into your own accounts. Skipton, NS&I and some investment firms like iWeb are the exceptions.

schiff

menaistrait said:

gt94sss2 thats exaclty what i'm saying
schiff and polymaff how do you do a deposit specifically via the card ? i dont have a skipton or NS&I accoount are they specific in letting you pull money in from a source? i have accounts with santander, nationwide and atom but haven't seen any options to do this only a standard bank transfer

The Skipton account is the Online Bonus Saver Issue 7 which was excellent for instant access as a feeder account. I kept it with a nominal balance (for the RS) but I'm not sure whether it's still available or whether their eSaver would work the same way. When you click on deposit funds, the option to use a debit card shows. For now anyway.  

polymaff

menaistrait said:

gt94sss2 thats exaclty what i'm saying
schiff and polymaff how do you do a deposit specifically via the card ?

Open an NS&I Direct Saver.  Make debit card payments in, online.  Never tried on the telephone.

kazan_2

Just moved my old acc to Santader 123 lite to get bonus.

One of the req is: "2.3.3 funded your Qualifying Account with at least £1,000 (either by one or more deposits); "

My question is do I have to payin and keep that money on acc till bouns is payed?

Thank you.

Consumerist

You only have to fund the account - you can withdraw it again straight away.

wiseonesomeofthetime

kazan_2 said:

Just moved my old acc to Santader 123 lite to get bonus.

One of the req is: "2.3.3 funded your Qualifying Account with at least £1,000 (either by one or more deposits); "

My question is do I have to payin and keep that money on acc till bouns is payed?

Thank you.

No.

It is a current account, not a savings account, so no expectation for money to not be spent as per normal.

leaphaze

kazan_2 said:

Just moved my old acc to Santader 123 lite to get bonus.

One of the req is: "2.3.3 funded your Qualifying Account with at least £1,000 (either by one or more deposits); "

My question is do I have to payin and keep that money on acc till bouns is payed?

Thank you.

You may be looking at old info?

For Santader 123 lite, there is no bonus, pay in at least £500 into your account each month and have at least 2 active Direct Debits and log on to Online or Mobile Banking at least once every 3 months to get your cashback.

eskbanker

leaphaze said:

kazan_2 said:

Just moved my old acc to Santader 123 lite to get bonus.

One of the req is: "2.3.3 funded your Qualifying Account with at least £1,000 (either by one or more deposits); "

My question is do I have to payin and keep that money on acc till bouns is payed?

Thank you.

You may be looking at old info?

For Santader 123 lite, there is no bonus, pay in at least £500 into your account each month and have at least 2 active Direct Debits and log on to Online or Mobile Banking at least once every 3 months to get your cashback.

The bonus referred to is presumably the current switching incentive....