Top Bank Accounts Discussion Area
Options
Comments
-
The current Nationwide deal requires 2 DD's do these have to exist on the account I am switching from (one I no longer use) or can I add them to the new Nationwide account when it is set up?0
-
BobBU said:The current Nationwide deal requires 2 DD's do these have to exist on the account I am switching from (one I no longer use) or can I add them to the new Nationwide account when it is set up?#2 - Save £2024 in 2024
#35 - Save £12k in 20241 -
BobBU said:The current Nationwide deal requires 2 DD's do these have to exist on the account I am switching from (one I no longer use) or can I add them to the new Nationwide account when it is set up?
Point 7.You must transfer a minimum of 2 active Direct Debits from the current account being switched to the Nationwide account as part of the switch. Direct Debits set up or transferred after your switch has been started will not count towards this offer. Other types of automated payments, such as standing orders and recurring card payments, won’t count towards this.3 -
flaneurs_lobster said:BobBU said:The current Nationwide deal requires 2 DD's do these have to exist on the account I am switching from (one I no longer use) or can I add them to the new Nationwide account when it is set up?
Point 7.You must transfer a minimum of 2 active Direct Debits from the current account being switched to the Nationwide account as part of the switch. Direct Debits set up or transferred after your switch has been started will not count towards this offer. Other types of automated payments, such as standing orders and recurring card payments, won’t count towards this.There's no need to dive deep into the T&C when this is on the surface:Make sure your non-Nationwide account has 2 or more active Direct Debits2 -
Many thanks everyone - obviously I didn't read everything available.0
-
Not very knowledgeable on the mechanics of direct debits - I have set up 2 DDs to be paid from the account I want to switch from - is that all or do I have to wait until the first payments have actually been processed for them to be visible during the switch?
Thanks in advance0 -
BobBU said:Not very knowledgeable on the mechanics of direct debits - I have set up 2 DDs to be paid from the account I want to switch from - is that all or do I have to wait until the first payments have actually been processed for them to be visible during the switch?
Thanks in advance#2 - Save £2024 in 2024
#35 - Save £12k in 20241 -
I'm going to use an old account I no longer use as a "burner" to get the cash for switching. To keep things as cheap as possible, I want 2 direct debits at a minimum nominal value so I'm thinking of 2 charity DDs. Which will accept about £2-3 a month so I only need to fund the account with a max of £6?0
-
loony767 said:I'm going to use an old account I no longer use as a "burner" to get the cash for switching. To keep things as cheap as possible, I want 2 direct debits at a minimum nominal value so I'm thinking of 2 charity DDs. Which will accept about £2-3 a month so I only need to fund the account with a max of £6?
British Red Cross
Macmillan Cancer Support
RNLI
I'm sure there are loads more. It's considered good form to let these DDs run for a decent length of time otherwise the overhead to the charity of setting them up/shutting them down can be more than the donation.
Can take a week or two to get these set up.0 -
loony767 said:I'm going to use an old account I no longer use as a "burner" to get the cash for switching. To keep things as cheap as possible, I want 2 direct debits at a minimum nominal value so I'm thinking of 2 charity DDs. Which will accept about £2-3 a month so I only need to fund the account with a max of £6?
https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1
0
Categories
- All Categories
- 343.5K Banking & Borrowing
- 250.2K Reduce Debt & Boost Income
- 449.9K Spending & Discounts
- 235.6K Work, Benefits & Business
- 608.5K Mortgages, Homes & Bills
- 173.2K Life & Family
- 248.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards