Is PayPal consider one of the Direct Debit payment for Tesco bank 3%?

ceredigion

YorkshireBoy wrote: »

Should the question be?...

If I pull funds from Tesco to PayPal by Direct Debit 3 times in a statement month (and credit Tesco with at least £750 in the same statement month) will I get the interest from Tesco?

Spoil sport

YorkshireBoy

ceredigion wrote: »

Spoil sport

English may not be the OP's first language. If it is I apologise.

Terry_Towelling

YorkshireBoy wrote: »

Should the question be?...

If I pull funds from Tesco to PayPal by Direct Debit 3 times in a statement month (and credit Tesco with at least £750 in the same statement month) will I get the interest from Tesco?

Presumably then, if you do have a PayPal account you could pay three (3) DDRs to it totalling £750 from your Tesco account and pay them back in to Tesco again and cover the DDR and pay-in requirement all in one.

ceredigion

Terry_Towelling wrote: »

Presumably then, if you do have a PayPal account you could pay three (3) DDRs to it totalling £750 from your Tesco account and pay them back in to Tesco again and cover the DDR and pay-in requirement all in one.

Well you could but three DD's totalling the interest and a standing order makes more sense.

Terry_Towelling

ceredigion wrote: »

Well you could but three DD's totalling the interest and a standing order makes more sense.

Who said anything about sense?:)

Am I right in thinking that the £750 pay in for Tesco can come from another Tesco current account. Mine aren't set that way but when I ditch my Club Lloyds later in the year I may streamline things along those lines.

ceredigion

You need to check. I am on legacy accounts so none of this affects me. That said internal transfers are permitted.

YorkshireBoy

ceredigion wrote: »

You need to check. I am on legacy accounts so none of this affects me. That said internal transfers are permitted.

They were permitted at the outset. Ours are still running, just to provide a little 'activity' on otherwise dormant accounts!

ceredigion

YorkshireBoy wrote: »

They were permitted at the outset. Ours are still running, just to provide a little 'activity' on otherwise dormant accounts!

Yes, mine are still funded individual from the hub

Terry_Towelling

Had a brief look at the T&Cs and they still seem to be silent on the source of the pay-in amounts, which is why I wondered.

YorkshireBoy

ceredigion wrote: »

Yes, mine are still funded individual from the hub

Ours cross-fire. A bit cheeky I know, but when we started we didn't use hub accounts. I cross-fired almost everything (and still do)!

4 transactions per statement month per account, fully automated, and every now and then when I'm bored I make them up to exactly £3K.