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direct debit options advice!

wallofbeans
wallofbeans Posts: 1,486 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Budgeting & bank accounts
Hi all,

I've spotted a few threads discussing this but nothing up to date. Can anyone give me the latest on the best options for setting up low pay out direct debits to myself. I used to have two Tesco savings accounts which worked well and would love to find new similar options.

I'm looking for two for my Club Lloyds account, two for my Bank of Scotland Vantage, and potentially two for a Barclays account if I go for that new offer...

Thoughts?
«1

Comments

  • Willing2Learn
    Willing2Learn Posts: 6,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hi,

    Have you seen the thread linked below?

    Savings accounts accepting DD's
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    :smiley:
  • wallofbeans
    wallofbeans Posts: 1,486 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Willing2Learn wrote: »
    Hi,

    Have you seen the thread linked below?

    Savings accounts accepting DD's

    Thanks for that. Very helpful, although seems to have not been updated in a while.
  • radoslaff
    radoslaff Posts: 171 Forumite
    Eighth Anniversary 100 Posts
    Post Office Online Saver suits the purpose very well.
    The journey of a thousand miles begins with one step.
  • wallofbeans
    wallofbeans Posts: 1,486 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It might also be worth looking into the Marcus savings account as the interest rate is the same as Bank of Scotland and Lloyds, but without the need for DD's etc and no limit of 5k.
  • sal_III
    sal_III Posts: 1,953 Forumite
    Fifth Anniversary 1,000 Posts
    wallofbeans wrote: »
    It might also be worth looking into the Marcus savings account as the interest rate is the same as Bank of Scotland and Lloyds, but without the need for DD's etc and no limit of 5k.
    Last time I checked this wasn't available to the public in the UK. But maybe I missed something.
  • eskbanker
    eskbanker Posts: 37,846 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sal_III wrote: »
    Last time I checked this wasn't available to the public in the UK. But maybe I missed something.
    You did indeed! It's been launched in the UK this week and has seemingly been inundated judging by the state of its website today, see all the threads on the savings board for more info....
  • Shakin_Steve
    Shakin_Steve Posts: 2,814 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    You can pay my car tax and home insurance if it helps. :)
    I came into this world with nothing and I've got most of it left.
  • Terry_Towelling
    Terry_Towelling Posts: 2,279 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Birmingham Midshires Savings accounts also accept direct debits and I think you can fund a paypal account by direct debit too.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,933 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    To avoid the risk of spoon-feeding everyone the information, there are A LOT of good suggestions in the thread mentioned above if you have the energy to look through it. Yes it hasn't been updated in a while, but the vast majority of the suggestions are current and still able to be set up now - particularly those in the first post.
  • radoslaff
    radoslaff Posts: 171 Forumite
    Eighth Anniversary 100 Posts
    Terry_Towelling wrote: »
    I think you can fund a paypal account by direct debit too.


    Not anymore.
    The journey of a thousand miles begins with one step.
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