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typistretired wrote: »

Yes and whereas Nationwide flexdirect requires the £1000 to be from an external source. The others can be internal transfers.

But you can take it out and move it straight back in!

freddysmith

I am wanting to set up a second Santander 123 Current account (first one is maxed out), but i'm a bit short of DD's.
Does setting up a Direct Debit to pay off my Barclaycard each month count towards the required 2 DD's ?

ejv

freddysmith,
Give a bit to charity.:A
Link for charities accepting smallish DDs.
https://forums.moneysavingexpert.com/discussion/4168667
All win...:beer:

ejv

Snowygirl wrote: »

Nationwide FlexDirect pays 5% on a max of £2.5K and requires £1K a month into the account

Santander 123 pays 3% on £3K - £20K and requires £500 per month into the account (which can't come from another Santander a/c) + 2 direct debits. Cost £2 per month.

Lloyds Vantage, BOS Vantage pay 3% on a max of £5K and require £1k a month

typistretired wrote: »

Yes and whereas Nationwide flexdirect requires the £1000 to be from an external source. The others can be internal transfers.

Snowygirl,
Get a £1000 for eternal monthly shuffle from Nationwide to BOS to Santander to LTSB and back to Nationwide.(Do u recall the"exothermic reaction" in chemistry?:D )All banks will be happy...you will be happier.;)

Steve_xx

freddysmith wrote: »

Does setting up a Direct Debit to pay off my Barclaycard each month count towards the required 2 DD's ?

Yes is the answer.

And, if you go via Topcashback for the second Santander account you will get £47.25!

innovate

Steve_xx wrote: »

Yes is the answer.

And, if you go via Topcashback for the second Santander account you will get £47.25!

Read the T&Cs thoroughly - I think you must switch a current account to get the cashback

Steve_xx

innovate wrote: »

Read the T&Cs thoroughly - I think you must switch a current account to get the cashback

Yes it's true you must switch. I used an old account with no DD's/standing orders on it etc, and it seems to have worked.

lyndonp

hi,, I have 150k to put into the bank short term 6months to a year, any advice on what range of bank accounts to put it in to get the best interest,,
im currently with Barclays(personal), first direct(business) and have 3 Halifax accounts with the £5 per month bonus

socrates

lyndonp wrote: »

hi,, I have 150k to put into the bank short term 6months to a year, any advice on what range of bank accounts to put it in to get the best interest,,
im currently with Barclays(personal), first direct(business) and have 3 Halifax accounts with the £5 per month bonus

First Direct do not provide Business Accounts

lyndonp

its a personal account I use for my business ;-)