Savings/investment DDs and debit card deposits- An updated list

quirkydeptless

Bridlington1 said:

A couple of quick updates that I've made recently:

M&S cash ISA has risen from 2.5% to 2.8%

Darlington BS now allow you to make debit card deposits online of £1 minimum.

Hargreaves Landsown allow you to make deposits by debit card from multiple debit cards, not just from your linked account.

You're missing Hargreaves Lansdown monthly savings from your investment DDs. Minimum £25. Can be cash or to an investment. You can have one per product (i.e. S&S ISA, GIA, SIPP etc) and you can point each of them them to a different provider. To change the DD to a different provider after initially setting it up you need to phone them, but changing the amount (including setting it to £0) or what is done with it can be done online. DD is taken on the 7th of the month.

Bridlington1

quirkydeptless said:

Bridlington1 said:

A couple of quick updates that I've made recently:

M&S cash ISA has risen from 2.5% to 2.8%

Darlington BS now allow you to make debit card deposits online of £1 minimum.

Hargreaves Landsown allow you to make deposits by debit card from multiple debit cards, not just from your linked account.

You're missing Hargreaves Lansdown monthly savings from your investment DDs. Minimum £25. Can be cash or to an investment. You can have one per product (i.e. S&S ISA, GIA, SIPP etc) and you can point each of them them to a different provider. To change the DD to a different provider after initially setting it up you need to phone them, but changing the amount (including setting it to £0) or what is done with it can be done online. DD is taken on the 7th of the month.

Many thanks for pointing this out @quirkydeptless. I've now added this to the first page.

EDIT: Whilst I'm here:

For those who are planning to open a plum account over the next month or so plum have recently launched a £10 MSE sign up offer. This has now also been added to the first page of the thread.

The Big Exchange's 2% cashback offer is now NLA.

Bridlington1

Another round of updates:

Post Office EA Cash ISA now pays 3.1% (up from 2.8%).


The following have been added to the first page:

Student Loans Company allows student loan overpayments by DD and debit card of £5 per transaction.

AA EA Cash ISA pays 1.9% and members EA cash ISA pays 2%. Both allow deposits of £10 minimum by debit card. 

Progressive BS allows deposits into some of their accounts by debit card in branch or online. Their products are only available to existing members and residents of Northern Ireland. They have no stated minimum debit card deposit amount but as I am ineligible for their products I can't test their systems out myself to find out if they have a minimum debit card deposit amount in practice. 

Nick_C

Is anyone else finding monzo.me is not working?

I keep getting card declined.

I've been using it to top up my own account with my own debit card, so I suspect they are just blocking this, but wondered if it was more widespread.

pokemaster

YES!

Last night it allowed me to enter my details then declined my card, spoke to my banks fraud team as thought it was me and then said no all good on my card, then asked me to try the transaction again and it has been saying "This person can't take payments right now" ever since, even though the 30 day cycle should be up today

Nick_C

Monzo.me now seems to be working again.

ForumUser7

Nick_C said:

Monzo.me now seems to be working again.

@pokemaster Is it back working for you now?

pokemaster

Nope and now been waiting to get it sorted with Monzo Customer Services for over 24hrs.

The first agent that spoke to me (after 8hrs of waiting) treated me like I was stupid and told me to check my limits and look at my statements. When I asked could they point out in my statement where I had used a debit card to deposit since 7th July they just copied and pasted where to go to show my limits. My limit is currently at £0 but on the rolling 30 days that they mentioned would mean by now (as of posting) I should have got my limit back to the full £1,000. After a bit of me trying to ask when is the date for the limit to restore and sending screenshots of my last debit card deposit they seemed not to know what I was talking about I was told I would be passed to another agent but then would be in another queue that was last night at 7pm.

Having looked in the monzo app at the debit card deposits there was no significant icon or word on the transaction to say it was actually a debit card payment, so perhaps something they could work on (as I have also transferred money of the same amount to the account and there is no difference so perhaps THEY think its that) and perhaps add the date of when the limit will be restored under the limit saying £0 in the limits sections might help too.

pokemaster

Just had a message back from Monzo, They say:

"thanks for getting in touch

sorry for the delay in getting back to you

our specialist has just gotten back in touch and it seesm you have reached your monzo.me limit and the next upcoming reset is on the 6th Sept.

Let us know if there's anything else we can help with"

 - I won't bother replying as they don't seem to to be able to help me, I just want them to locate and show me the last time I used my debit card to top up.... which was the 7th July, but they obviously can't do that and it requires a specialist to be contacted to get the date of the reset. At least I have a date now and can see what happens then.

pridehappy

Recently had the option to deposit into a Skipton Building Society instant savings account using my debit card, good rates too.

Wealthify also offer the facility I believe if you call them but it’s stocks & shares which is a little different.