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Post office stopping direct debits

AndyPK
AndyPK Posts: 4,426
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edited 20 September 2021 at 9:56PM in Budgeting & bank accounts
From March 2022

how am I going to keep my bos account going ?!
«134567…11

Comments

  • veryintrigued
    veryintrigued Posts: 3,843
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    If only the timeframe for sorting their website was that soon
  • AndyPK
    AndyPK Posts: 4,426
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    Can’t you login in then ?
  • Ed-1
    Ed-1 Posts: 4,038
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    AndyPK said:
    From March 2022

    how am I going to keep my bos account going ?!
    Where did you hear this?
  • AndyPK
    AndyPK Posts: 4,426
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    edited 20 September 2021 at 10:08PM
    Email today. Plus other changes. 

     

    Direct Debit - You will no longer be able to deposit money using Direct Debit. Please note:

     
    • All Direct Debit deposits will be cancelled from 1st March 2022.
    • If you want to continue making regular deposits you will need to set up a Standing Order from your linked current account.
  • phillw
    phillw Posts: 5,692
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    how am I going to keep my bos account going ?!
    Credit card direct debits & paypal.

  • Herbalus
    Herbalus Posts: 2,634
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    Thankfully I’m down to one PO DD now as I’ve managed to generate enough outside of PO to make them superfluous. The one remaining one was with Co-Op which is down to £1/month now so not a huge deal.
  • 7sefton
    7sefton Posts: 657
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    Which other savings accounts offer DDs? 
  • PRAISETHESUN
    PRAISETHESUN Posts: 5,275
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    7sefton said:
    Which other savings accounts offer DDs? 
    Discussed at length here: https://forums.moneysavingexpert.com/discussion/5734632/savings-accounts-accepting-dds/p1
  • anna42hmr
    anna42hmr Posts: 2,907
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    I've had the email come through today too, its a shame but not surprising i guess, wouldn't surprise me if they are fed up with low value DD's for the switches.   At least they've given us a decent warning time. 
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • GTR_King
    GTR_King Posts: 2,153
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    what a shame but can you still pay money in with your debit card like you can now to get Halifax Reward or will it have to be SO Only?
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