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£1 Direct Debits for Bank Accounts

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Comments

  • ajo
    ajo Posts: 139 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Jami74 said:
    I set up a regular amazon gift card top-up of £1 on a credit card that I hadn't used since its promotion ended and used that to set up a direct debit for payment in full.

    This is interesting. Trying to do this. So I need one more DD (long overdue and getting round to it now) do I just set up a monthly £1 top up from my bank account to Amazon? Or are you paying the credit card that is paying the Amazon account?
  • ajo said:
    Jami74 said:
    I set up a regular amazon gift card top-up of £1 on a credit card that I hadn't used since its promotion ended and used that to set up a direct debit for payment in full.

    This is interesting. Trying to do this. So I need one more DD (long overdue and getting round to it now) do I just set up a monthly £1 top up from my bank account to Amazon? Or are you paying the credit card that is paying the Amazon account?

    Can't top-up Amazon Gift Card balance by DD so it must be the latter.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,978 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    ajo said:
    Jami74 said:
    I set up a regular amazon gift card top-up of £1 on a credit card that I hadn't used since its promotion ended and used that to set up a direct debit for payment in full.

    This is interesting. Trying to do this. So I need one more DD (long overdue and getting round to it now) do I just set up a monthly £1 top up from my bank account to Amazon? Or are you paying the credit card that is paying the Amazon account?
    There's more up-to-date info discussed here: https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

    The CC option discussed above works because you are paying off the CC by direct debit - in theory any recurring monthly payment you can pay by card will work for this, it does not need to be Amazon.
  • boingy
    boingy Posts: 1,964 Forumite
    1,000 Posts Second Anniversary Name Dropper
    You can also set up a monthly DD to play the National Lottery. It's either £10.00 or £12.50, depending upon how many "playing days" are in that month. Of course, you can't have the money back but IT COULD BE YOU!

    In the past I've needed 4 DDs for switches so I did Plum, MoneyBox, the Lottery and £25 per month to a free Hargreaves Lansdown investment account (which you can just withdraw afterwards).
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