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Nationwide T and C question

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buyhighselllow
buyhighselllow Posts: 269 Forumite
Part of the Furniture 100 Posts Photogenic Name Dropper
in Budgeting & bank accounts
Hi , on the refer a friend offer , it says you must have 2 DD's . Fair enough, It then says SO's and recurring card payments do not count..What is a recurring card payment in this context ?..Do they mean a recurring Debit card payment ? I presume a DD to pay a CC monthly is OK ?
Over £2K made from bank switches and P2P incentives since 2016 :beer:

Comments

  • kwame41
    kwame41 Posts: 168 Forumite
    DD for the credit card counts as one.


    Recurring debit card payments (like a paying for breakdown cover yearly or phone top ups) dont count.
  • buyhighselllow
    buyhighselllow Posts: 269 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    kwame41 wrote: »
    DD for the credit card counts as one.


    Recurring debit card payments (like a paying for breakdown cover yearly or phone top ups) dont count.

    Cheers..all good then..
    Over £2K made from bank switches and P2P incentives since 2016 :beer:
  • Dobbibill
    Dobbibill Posts: 4,193 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    A recurring card payment would be marked [DEB] on your statement narrative rather than [DD]. It would be things like Netfl1x - something that leaves the account regularly but is processed through your card number rather than your bank account details.
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  • PRAISETHESUN
    PRAISETHESUN Posts: 4,877 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    A recurring card payment in this context is any payment set up via a continuous payment authority (CPA). They are processed by the bank as a card payment (DEB), rather than a DD so won't be counted for switching purposes.
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