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

pokemaster

anyone else having issues depositing more than one lot of £1.01 in the same Bank/BS? from a Natwest or RBS card?

EDIT: Looks like they are working again now maybe just a blip

worriednoob

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

PRAISETHESUN

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

worriednoob

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at the DDs already being paid out by my banks and I can see O2, Virgin Media and Octopus DDs setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

PRAISETHESUN

worriednoob said:

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at my banks and I can see O2, Virgin Media and Octopus direct debits setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

If all you're looking to do is set up an account to get a switch incentive then it's probably a bit of faff to have to shuffle around your phone/internet/energy DDs, but if you'd rather not have to open new accounts that's the way to do it. Might take a monthly billing cycle to get things working properly. Otherwise for the quickest, I'd stick with the ones I mentioned. You can have a DD set up with Plum/Moneybox and make a payment in a week or so. 

It's safer to have the DD make at least one payment before switching - some banks don't recognise DDs that have been set up but haven't been used. Weekly/monthly/annual won't matter, as long as the DD is active it will count for the switch. You'll need a few quid in your donor account when the DDs pulls though otherwise it will go overdrawn, or get rejected.

worriednoob

PRAISETHESUN said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at my banks and I can see O2, Virgin Media and Octopus direct debits setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

If all you're looking to do is set up an account to get a switch incentive then it's probably a bit of faff to have to shuffle around your phone/internet/energy DDs, but if you'd rather not have to open new accounts that's the way to do it. Might take a monthly billing cycle to get things working properly. Otherwise for the quickest, I'd stick with the ones I mentioned. You can have a DD set up with Plum/Moneybox and make a payment in a week or so. 

It's safer to have the DD make at least one payment before switching - some banks don't recognise DDs that have been set up but haven't been used. Weekly/monthly/annual won't matter, as long as the DD is active it will count for the switch. You'll need a few quid in your donor account when the DDs pulls though otherwise it will go overdrawn, or get rejected.

Oh that's absolutely brilliant, thanks so much!  Yes happy to setup new Plum/Moneybox accounts. Let me set them up and if I have other questions, I'll get back to you.  Thank you again 

Bridlington1

worriednoob said:

PRAISETHESUN said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at my banks and I can see O2, Virgin Media and Octopus direct debits setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

If all you're looking to do is set up an account to get a switch incentive then it's probably a bit of faff to have to shuffle around your phone/internet/energy DDs, but if you'd rather not have to open new accounts that's the way to do it. Might take a monthly billing cycle to get things working properly. Otherwise for the quickest, I'd stick with the ones I mentioned. You can have a DD set up with Plum/Moneybox and make a payment in a week or so. 

It's safer to have the DD make at least one payment before switching - some banks don't recognise DDs that have been set up but haven't been used. Weekly/monthly/annual won't matter, as long as the DD is active it will count for the switch. You'll need a few quid in your donor account when the DDs pulls though otherwise it will go overdrawn, or get rejected.

Oh that's absolutely brilliant, thanks so much!  Yes happy to setup new Plum/Moneybox accounts. Let me set them up and if I have other questions, I'll get back to you.  Thank you again 

Also it may be worth noting that the terms of the Nationwide switching offer state that you'd need to complete the switch within 60 days of requesting it so if you requested the switch today you could set the switch date for as late as 21st November if you wanted to and still qualify for the £200. This would give you about 7 weeks to set up the 2 DDs on your donor account which is ample time for most of the items on the lists.

worriednoob

Bridlington1 said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at my banks and I can see O2, Virgin Media and Octopus direct debits setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

If all you're looking to do is set up an account to get a switch incentive then it's probably a bit of faff to have to shuffle around your phone/internet/energy DDs, but if you'd rather not have to open new accounts that's the way to do it. Might take a monthly billing cycle to get things working properly. Otherwise for the quickest, I'd stick with the ones I mentioned. You can have a DD set up with Plum/Moneybox and make a payment in a week or so. 

It's safer to have the DD make at least one payment before switching - some banks don't recognise DDs that have been set up but haven't been used. Weekly/monthly/annual won't matter, as long as the DD is active it will count for the switch. You'll need a few quid in your donor account when the DDs pulls though otherwise it will go overdrawn, or get rejected.

Oh that's absolutely brilliant, thanks so much!  Yes happy to setup new Plum/Moneybox accounts. Let me set them up and if I have other questions, I'll get back to you.  Thank you again 

Also it may be worth noting that the terms of the Nationwide switching offer state that you'd need to complete the switch within 60 days of requesting it so if you requested the switch today you could set the switch date for as late as 21st November if you wanted to and still qualify for the £200. This would give you about 7 weeks to set up the 2 DDs on your donor account which is ample time for most of the items on the lists.

Thanks very much Bridlington1.  That's a great idea - I may actually try to do that if I can today, but I want to make sure my 2 DDs are setup correctly for Plum and Moneybox first.

So I've managed to install and setup both Plum / MB apps on my phone.
Plum has taken a £5 deposit and I've received an email saying that my DD is setup, .  But I can't see where I setup the frequency and amount that I want coming out of my bank account every week into Plum.

For MB - I've not received any email or notification that my DD is setup, but I can see that a weekly deposit of £2 is going to go into the account.- Is this setup? How can I be sure it's a DD and not a Standing Order of some sort?

georged123

I've done the same as you @worriednoob.

£2 is due to go in my Moneybox next Wednesday and i've got a £2 weekly depositor set up from Plum, though it doesnt say when it will take the money.

Hopefully the DDs go through next week and I can get on with my Nationwide switch.

pecunianonolet

Bridlington1 said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

PRAISETHESUN said:

worriednoob said:

Hi everyone, apologies, but I've gone through this thread and I'm unable to obtain my answer and I'm hoping someone can help me.

I want to go for the Nationwide £200 switch offer, but their T&C state clearly that 2 DDs need to move as part of the switch.  What can you recommend that I can do to setup 2 DD's quickly?

All the options are listed on the first page of this thread. If you're unable to shuffle around existing DDs (eg. bills, credit cards, etc) then two of the easiest ones to set up are Plum and Moneybox.

Thanks very much for your help.

I've looked at my banks and I can see O2, Virgin Media and Octopus direct debits setup.

I also have Revolut and Chip, although not sure how to setup a DD with them or whether that's even possible.

Would it be easier to move any of the above existing accounts or am I just better off opening a new account with Plum & Moneybox?

Another issue I forgot to ask about is does money actually have to leave the account or can there be a DD without any payments being made?  Also does it matter if it's monthly or quarterly?

I just want the quickest and easiest way to setup DD.

If all you're looking to do is set up an account to get a switch incentive then it's probably a bit of faff to have to shuffle around your phone/internet/energy DDs, but if you'd rather not have to open new accounts that's the way to do it. Might take a monthly billing cycle to get things working properly. Otherwise for the quickest, I'd stick with the ones I mentioned. You can have a DD set up with Plum/Moneybox and make a payment in a week or so. 

It's safer to have the DD make at least one payment before switching - some banks don't recognise DDs that have been set up but haven't been used. Weekly/monthly/annual won't matter, as long as the DD is active it will count for the switch. You'll need a few quid in your donor account when the DDs pulls though otherwise it will go overdrawn, or get rejected.

Oh that's absolutely brilliant, thanks so much!  Yes happy to setup new Plum/Moneybox accounts. Let me set them up and if I have other questions, I'll get back to you.  Thank you again 

Also it may be worth noting that the terms of the Nationwide switching offer state that you'd need to complete the switch within 60 days of requesting it so if you requested the switch today you could set the switch date for as late as 21st November if you wanted to and still qualify for the £200. This would give you about 7 weeks to set up the 2 DDs on your donor account which is ample time for most of the items on the lists.

I opened my account yesterday and the latest I could pick for the switch completion date was 19th October. I moved 3 direct debits over to the donor account (Lloyds), which I hold since March. All 3 DD are for credit cards, however only on 1 credit card I have repayments, the other 2 credit cards are zero so once they are fully set up they are still active, even if they don't take any money. Should be ample time to have them set up and active. I might make a purchase of one banana/apple with each so I have some activity. 

Interestingly enough, you only need them active for the switch but no restriction that they have to stay with Nationwide once the bonus has been paid. very different story with TSB, where you have to keep them active and running to get the £75 as part 2 of the switch.