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eskbanker

matty17r wrote: »

Polymaff - could you please explain the co-op one super DD please. I have a co-op account and was thinking I will have to close this because of the 4 DDs required. I have read this before on another forum but could not understand it! TIA

The Ts & Cs of Co-op's Everyday Rewards require that in every calendar month you need to "Pay out at least four Direct Debits", so, as this doesn't specify four different DDs, executing the same one weekly (i.e. at least four times every month) satisfies their requirement with just one DD mandate....

ceredigion

matty17r wrote: »

Polymaff - could you please explain the co-op one super DD please. I have a co-op account and was thinking I will have to close this because of the 4 DDs required. I have read this before on another forum but could not understand it! TIA

eskbanker wrote: »

The Ts & Cs of Co-op's Everyday Rewards require that in every calendar month you need to "Pay out at least four Direct Debits", so, as this doesn't specify four different DDs, executing the same one weekly (i.e. at least four times every month) satisfies their requirement with just one DD mandate....

In a similar vain. If you are short of DD's and have or intend to get a Tesco current account (that isn't a legacy account) it might be prudent to study the relevant T&C's.