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2 Post Office Saving account DD setup consider as 2 DD or 1 DD?
francismay
Posts: 70 Forumite
I have 2 Post Office saving account that both have DDs payment in my Barclays Blue Rewards. Is it consider as 1 DD or 2 DD?
I received a message from Barclays saying:
I received a message from Barclays saying:
If a payment leaves today, and another tomorrow, then these will both count for your September reward providing that they are form different companies
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Comments
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I don't have a Barclays account, but my understanding from others who have reported on the forums is that a single PO Saver DD mandate which pays out multiple times per month will count as multiple DD payments for the purpose of Blue Rewards. There's nothing in the T&Cs that suggests you need 2x different mandates, or that they have to be to different companies as far as I know.0
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PRAISETHESUN wrote: »I don't have a Barclays account, but my understanding from others who have reported on the forums is that a single PO Saver DD mandate which pays out multiple times per month will count as multiple DD payments for the purpose of Blue Rewards. There's nothing in the T&Cs that suggests you need 2x different mandates, or that they have to be to different companies as far as I know.
Yes, that is why is confusing, I checked the website and also the T&Cs, not stated. So I called their telephone customer service, some operator unsure too.
How about Halifax Reward Account and Co-Operative Current account? Does it applied the same too?0 -
PRAISETHESUN wrote: »I don't have a Barclays account, but my understanding from others who have reported on the forums is that a single PO Saver DD mandate which pays out multiple times per month will count as multiple DD payments for the purpose of Blue Rewards. There's nothing in the T&Cs that suggests you need 2x different mandates, or that they have to be to different companies as far as I know.
Not my understanding.
It has to be different mandates (ie from different accounts) not multiple payments from the same mandate.
So as long as the two PO savers have different mandates (as evidenced by references) that is OK. [eta: You would have created two separate DDs because you would have been working with each of the PO accounts independently when setting up the DDs to draw funds into them from Barclays.)
OP - you should be OK. Check the exact wording of the Barclays T&C.0 -
General_Grant wrote: »Not my understanding.
It has to be different mandates (ie from different accounts) not multiple payments from the same mandate.
So as long as the two PO savers have different mandates (as evidenced by references) that is OK. [eta: You would have created two separate DDs because you would have been working with each of the PO accounts independently when setting up the DDs to draw funds into them from Barclays.)
OP - you should be OK. Check the exact wording of the Barclays T&C.
https://www.barclays.co.uk/current-accounts/blue-rewards/
Only stated:[FONT="]Loyalty Reward[/FONT]
[FONT="]Receive a £3.50 reward for each of your first two Direct Debit payments, up to £7 each month. You’re eligible for this reward if the Direct Debits are successfully paid from your chosen current account.[/FONT]0 -
General_Grant wrote: »Not my understanding.
It has to be different mandates (ie from different accounts) not multiple payments from the same mandate.
So as long as the two PO savers have different mandates (as evidenced by references) that is OK. [eta: You would have created two separate DDs because you would have been working with each of the PO accounts independently when setting up the DDs to draw funds into them from Barclays.)
OP - you should be OK. Check the exact wording of the Barclays T&C.
Agree with this.
I can confirm that a weekly DD to a single PO Savings account, counts a 4 DDs for Co-operative Bank Everyday Reward0 -
Yes either 2 different DD going to 2 different Post Office Savers is OK or 1 DD paying twice a month or weekly will work.
I have 2 Post Office Savers paying monthly, but I did a trial a year ago just having 1 Post Office Saver paying weekly and I've always gotten the Blue rewards.
Co-operative Reward you can have 1 DD paying out 4 times a month and that is OK, as I've got 1 Post Office Saver going out weekly and also used to use Chip before that.
Halifax Reward I've always had 2 different types of DD, but I have 2 Post Office Savers on Lloyds Club and that's always been OK and has exactly the same wording as Halifax.0
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