Direct Debit for £1 a year - does it qualify?

born_again

raggs wrote: »

new to site may be wrong place to ask but can any 1 tell me who is at fault when a customer cancelled a dd in plenty of time 4 weeks in advance with the natwest bank and the company whos been paid but the dd still goes out and this in turn causes the bank account to go overdrawn and is the dd guarantee statement incorrect it says, if a error is made by the bank or company the customer is entitled to a full and immediate refund? natwest have told me this is not correct or legal its not they fault and any charges the bank makes have to be reclimed from the company the company say its natwest fault nothing to do with them were do i stand

Before anyone else answers this, it has its own thread

https://forums.moneysavingexpert.com/discussion/6063964/direct-debit

Wheres_My_Cashback

Lots of 'new' posters posting the same on multiple boards.

Must be the school holidays !

soulsaver

Wheres_My_Cashback wrote: »

Lots of 'new' posters posting the same on multiple boards.

Must be the school holidays !

They had better put their time to good use before their English exam.

hopperdennis

Reviving an old thread here, however any tips or recommendations for a cheap £1 (or less) Direct Debit?

crumpet_man

£1 per month or per year?
If you have a spare credit card or two then use that for a regular payment and setup a DD to pay it off in full each month.  I have one for £1 monthly Amazon top up, one for delivery pass at online grocery shop.  You get the idea.

hopperdennis

crumpet_man said:

£1 per month or per year?
If you have a spare credit card or two then use that for a regular payment and setup a DD to pay it off in full each month.  I have one for £1 monthly Amazon top up, one for delivery pass at online grocery shop.  You get the idea.

Is Amazon auto top up a DD?

crumpet_man

hopperdennis said:

crumpet_man said:

£1 per month or per year?
If you have a spare credit card or two then use that for a regular payment and setup a DD to pay it off in full each month.  I have one for £1 monthly Amazon top up, one for delivery pass at online grocery shop.  You get the idea.

Is Amazon auto top up a DD?

No.  I use a credit card (used for nothing else) to auto top up Amazon account £1 each month.  DD is to pay the credit card.

pbartlett

Be careful I seem to remember threads on here a while ago about credit cards being closed when used in this way - suggest you use it occasionally for something else eg shopping

crumpet_man

I've been using them like that for over a year, no issues so far.  

PRAISETHESUN

I don't do the Amazon method but I have other regular payments I put across multiple cards and have them paid by DD. Never had an issue from my card providers from doing this.

Otherwise check the link below. Some of the better methods don't work anymore but there's still some good ones if you have a read through: https://forums.moneysavingexpert.com/discussion/5734632/savings-accounts-accepting-dds