The Top Easy Access Savings Discussion Area

Archi_Bald

stphnstevey wrote: »

For the BOS vantage, are they limiting the number of accounts you can open?

three

stphnstevey wrote: »

Also, with the Newcastle one can you open the ISA and the savings one?

yes you can

jennie44

Sorry if I'm duplicating an answer from before. The T&C's state you can have one joint and one single account.

polymaff

Archi_Bald wrote: »

... it is easy to get any number of monthly paying DDs

Please elaborate, Archi

Herbalus

polymaff wrote: »

Please elaborate, Archi

https://forums.moneysavingexpert.com/discussion/4168667

polymaff

Herbalus wrote: »

https://forums.moneysavingexpert.com/discussion/4168667

Thank you, but that link is about how to DEPOSIT by DD, whilst this thread is discussing the use of accounts which need to PAY OUT a certain number of direct debits EVERY month.

ColdIron

polymaff wrote: »

Thank you, but that link is about how to DEPOSIT by DD, whilst this thread is discussing the use of accounts which need to PAY OUT a certain number of direct debits EVERY month.

Read it again, you can use those accounts to create a credit or DEPOSIT by debiting or PAYING OUT from the accounts you are interested in

polymaff

ColdIron wrote: »

Read it again, you can use those accounts to create a credit or DEPOSIT by debiting or PAYING OUT from the accounts you are interested in

I'm sorry, but it doesn't read that way to me. Never mind. AIUI within the finance industry the act of extracting from an account using the DD process is called "pulling". If this is a list of those institutions that can and can't pull - OK.

From that list, the only one I have experience of is ICICI and they only offer single pulls to a single, pre-nominated, account. What I was querying was if anyone had devised a simple process for executing multiple (exploitation of Lloyds alone may need up to 18!) regular, monthly, DD pulls with the minimum of manual effort?

socrates

polymaff wrote: »

I'm sorry, but it doesn't read that way to me. Never mind. AIUI within the finance industry the act of extracting from an account using the DD process is called "pulling". If this is a list of those institutions that can and can't pull - OK.

From that list, the only one I have experience of is ICICI and they only offer single pulls to a single, pre-nominated, account. What I was querying was if anyone had devised a simple process for executing multiple (exploitation of Lloyds alone may need up to 18!) regular, monthly, DD pulls with the minimum of manual effort?

Have you read the thread?

Tesco Savings has 2 accounts that I utilise for most of the DD's required

Steve_xx

polymaff wrote: »

I'm sorry, but it doesn't read that way to me. Never mind. AIUI within the finance industry the act of extracting from an account using the DD process is called "pulling". If this is a list of those institutions that can and can't pull - OK.

From that list, the only one I have experience of is ICICI and they only offer single pulls to a single, pre-nominated, account. What I was querying was if anyone had devised a simple process for executing multiple (exploitation of Lloyds alone may need up to 18!) regular, monthly, DD pulls with the minimum of manual effort?

I think Tesco is about the only one that allows multiple pulls. But if you have an old Egg account that has now become a Yorkshire Building Society account; that also allows multiple pulls. However, I note that non-Egg Yorkshire accounts, ie Yorkshire's own account products seem not to allow multiple pulls.

polymaff

Thanks for the suggestion, Socrates.