suggestions for direct debits

codetown2

I recently set up a new bank account also to get an incentive bonus.
I need to setup two direct debits.


I remember this was discussed some time ago, but cannot find anything recent.
Could you suggest anything low cost?


One DD might be a Paypal linked account, if I am not wrong.
The second DD? Any charity at 50p/month for a few months (till the bonus is payed)?
Anything else free?

polymaff

The thread "[URL="https://forums.moneysavingexpert.com/discussion/5734632accounts accepting DD's[/URL] ( [URL="https://forums.moneysavingexpert.com/discussion/5734632[URL="https://forums.moneysavingexpert.com/discussion/5734632[URL="https://forums.moneysavingexpert.com/discussion/5734632... [URL="https://forums.moneysavingexpert.com/discussion/5734632Page[/URL]) is still active.

18cc

Gas, electricity, council tax , water, car tax, tv subscriptions, magazine subscriptions, house insurance, contents insurance, mobile phone contract, mobile phone insurance, tv licence ...

18cc

...car insurance, breakdown insurance, credit card monthly repayment, mortgage, service charge on property, ground rent, mortgage repayment...

born_again

National lottery

Bobblehat

If you are the patient type …… a Post Office online Savings Account that allows you to add into it from your nominated account (your new bank account) via a DD. The money stays as your money, just in the Post Office instead of your new bank account.

codetown2

Thank you for all your kind answers.
But I should have explained better.

I am not interested in a long-term DD, so I don't want electricity or tv or any other contract in.

I am just looking for something particularly easy to set up online (no forms to download and send as in all the saving account suggested here) to be used just for the few months needed for the bonus to come in.

Any charity at 50p/month with an online DD simple form to setup the payment?

Aidanmc

Post office online saving account, as mentioned above, is easy to open and set up monthly DD

PRAISETHESUN

The link in post 2 is the most comprehensive one on the forums that I'm aware of. In all instances however, you will need at least 10 working days to set up a new DD mandate, so the sooner you get on it the better. If you only care about getting an incentive, then charity DDs are quick and easy to set up, but they will also eat into your profits. I also don't think I've come across ones for less than a minimum of £2 or so. Otherwise I'd recommend you buy something using PayPal, or set up a PO Saver as outlined above.

surreysaver

Aidanmc wrote: »

Post office online saving account, as mentioned above, is easy to open and set up monthly DD

Its a bit hit and miss as to whether its easy or not. But worth a go.

aau1

link your bank account to your paypal and send someone a £1 payment funded from that account