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

sheffieldeagle

PRAISETHESUN said:

sheffieldeagle said:

Hi

Can anyone tell me how long recently set-up PayPal dds take to draw from your account. Just set one up and it says 3rd of March. I wanted one for Feb for my RBS account. Is this because I've only just added RBS to my PayPal account?

Many thanks

PayPal is slow and 10 working days is about what I'd expect, especially if the DD has only just been set up.

Cheers for that much appreciated. So could it actually be before the estimated date?

Bridlington1

I've now updated the first page of this thread. A summary of changes are as follows:

Tembo cash ISA added to the DDs list at 4.8%, they currently have a refer-a-friend offer in which both you and your friend receive a random amount between £15 and £250 if your friend signs up and deposits/initiates an ISA transfer for £500+ into a Tembo cash ISA or LISA.

M&S Cash ISA (variable rate option) to reduce from 2.5% to 2.35% from 5/3/25.

Chip Instant Access Account interest rate updated to 3.5% with a 1.08% bonus available to new customers, referral bonus updated from 0.27% to 0.19%.

NS&I Direct Saver interest rate updated from 3.75% to 3.5%.

Post Office Easy Access Online Cash ISA Issue 43 at 4.3% AER variable (includes 2.85% fixed bonus for 12 months) NLA. Issue 46 added to replace it with a rate of 4.4% (includes 3.15% bonus for 12 months).

Trading 212 cashback on its card updated to be 0.5% (rather than 1.5%).

Monese refer-a-friend offer updated to £10.

Monzo refer-a-friend offer updated to £10.

Zing has been removed as it is no longer accepting new customers. No new funds can be added to Zing from 2/4/25 and all accounts shall close by 22/5/25.

s71hj

Hanley Economic BS:

Accounts: Any account

Monthly direct debit amount: No stated limits

Multiple monthly DDs: One per account per month.

Direct debit date: 1st, 7th, 14 or 21st

Sole/joint: Can be opened in sole or joint names

Remarks: In order to set up a direct debit you must fill in a direct debit mandate form.

I can't get the direct debit form to open from the link. Does anybody have another link?

Bridlington1

s71hj said:

Hanley Economic BS:

Accounts: Any account

Monthly direct debit amount: No stated limits

Multiple monthly DDs: One per account per month.

Direct debit date: 1st, 7th, 14 or 21st

Sole/joint: Can be opened in sole or joint names

Remarks: In order to set up a direct debit you must fill in a direct debit mandate form.

I can't get the direct debit form to open from the link. Does anybody have another link?

Their website in general seems to be a bit hit and miss for me at the moment, I keep getting this error message on some of their pages the first time I try to open them:



Regardless though it seems they've updated the link to the DDs form at some stage, the new link can be found below, first page has now been updated to reflect this:
https://cdn.sanity.io/files/kupyyjpp/production/0fa4c2adeafbab3223288d2205818844fede0ce8.pdf

s71hj

Bridlington1 said:

s71hj said:

Hanley Economic BS:

Accounts: Any account

Monthly direct debit amount: No stated limits

Multiple monthly DDs: One per account per month.

Direct debit date: 1st, 7th, 14 or 21st

Sole/joint: Can be opened in sole or joint names

Remarks: In order to set up a direct debit you must fill in a direct debit mandate form.

I can't get the direct debit form to open from the link. Does anybody have another link?

Their website in general seems to be a bit hit and miss for me at the moment, I keep getting this error message on some of their pages the first time I try to open them:



Regardless though it seems they've updated the link to the DDs form at some stage, the new link can be found below, first page has now been updated to reflect this:
https://cdn.sanity.io/files/kupyyjpp/production/0fa4c2adeafbab3223288d2205818844fede0ce8.pdf

Thanks. Does anybody have any experience of using this? I can't see anywhere for my Hanley account number but presume you have to add a covering letter with this on. Is there definitely no minimum? I'd like to do £2 for my Natwest reward account 

sheffieldeagle

s71hj said:

Bridlington1 said:

s71hj said:

Hanley Economic BS:

Accounts: Any account

Monthly direct debit amount: No stated limits

Multiple monthly DDs: One per account per month.

Direct debit date: 1st, 7th, 14 or 21st

Sole/joint: Can be opened in sole or joint names

Remarks: In order to set up a direct debit you must fill in a direct debit mandate form.

I can't get the direct debit form to open from the link. Does anybody have another link?

Their website in general seems to be a bit hit and miss for me at the moment, I keep getting this error message on some of their pages the first time I try to open them:



Regardless though it seems they've updated the link to the DDs form at some stage, the new link can be found below, first page has now been updated to reflect this:
https://cdn.sanity.io/files/kupyyjpp/production/0fa4c2adeafbab3223288d2205818844fede0ce8.pdf

Thanks. Does anybody have any experience of using this? I can't see anywhere for my Hanley account number but presume you have to add a covering letter with this on. Is there definitely no minimum? I'd like to do £2 for my Natwest reward account 

Isn't the reference number your account number? Most building societies use there own account number and sort code then a reference number which is your account number.

Cheers

surreysaver

Received an email from Chip yesterday advising they are disallowing deposits by Google and Apple Pay from 31st March, which will make things more long winded for accounts which require a minimum number of debit card deposits per month 

PRAISETHESUN

surreysaver said:

Received an email from Chip yesterday advising they are disallowing deposits by Google and Apple Pay from 31st March, which will make things more long winded for accounts which require a minimum number of debit card deposits per month 

I've only ever used Chip for DDs. Didnt even realise there was a workaround to allow debit card deposits as well

pecunianonolet

So if I have a credit card as underlying funding source in Google Pay and would use that, I think I would get charged a cash advance fee. However, when I use my Barclays Avios card for Paypal F&F, they don't charge me. Only tried as a tester with £10

Bridlington1

Swansea BS Regular Monthly Saver has now been added to the DDs list. Account allows deposits of between £25 and £1.5k by DD and can be opened by those living in Wales.