Unsure about Direct Debits when using Switch Service

cowshill

I just want to be sure I've got this right... The full balance of my monthly credit card bill is currently paid by direct debit from a current account with bank A. I understand that when I use the switching service to move my current account from bank A to bank B, I do not have to tell my credit card provider anything - they will be informed by the switching service and will automatically begin collecting my monthly payment from bank B. Is this correct?
- Jim

eskbanker

Yes, correct.

pinkdalek

Yep, bank B will pay the direct debit after your switching date has passed.

18cc

yes correct but dont rely on it - it can go wrong so my advice it to tell your cc provider your new bank details

18cc

https://forums.moneysavingexpert.com/discussion/5604019/account-switching-a-word-of-warning&highlight=problem+direct+debits+after+switch

cowshill

Thanks for this link. Good to have your perspective!

jimjames

18cc wrote: »

yes correct but dont rely on it - it can go wrong so my advice it to tell your cc provider your new bank details

Absolutely. Monitor to make sure that it's gone through ok. It should work but there can be glitches