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

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  • drphila
    drphila Posts: 335 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Not a savings account, but single or multiple 50p/£1 DDs (or any custom amount £2+) available here:


  • crumpet_man
    crumpet_man Posts: 734 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    drphila said:
    Not a savings account, but single or multiple 50p/£1 DDs (or any custom amount £2+) available here:


    Save your pennies and use this one:

    https://www.30pence.co.uk/


  • HillStreetBlues
    HillStreetBlues Posts: 6,081 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    With the N&I DS  has anyone had issues withdrawing  soon after topping up via debt card?
    Let's Be Careful Out There
  • Bridlington1
    Bridlington1 Posts: 3,743 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 1 June at 5:39PM
    With the N&I DS  has anyone had issues withdrawing  soon after topping up via debt card?
    It takes payments 7 working days to clear IIRC so there may be a delay in funds being available to withdraw.
  • friolento
    friolento Posts: 2,413 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    With the N&I DS  has anyone had issues withdrawing  soon after topping up via debt card?
    It takes payments 7 working days to clear IIRC so there may be a delay in funds being available to withdraw.

    7 calendar days in my experience. You can put your withdrawal request in after around 22:30 on day 6, and receive your money on day 7, usually early afternoon, except if day 7 falls on a non-working day.
  • Bridlington1
    Bridlington1 Posts: 3,743 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    friolento said:
    With the N&I DS  has anyone had issues withdrawing  soon after topping up via debt card?
    It takes payments 7 working days to clear IIRC so there may be a delay in funds being available to withdraw.

    7 calendar days in my experience. You can put your withdrawal request in after around 22:30 on day 6, and receive your money on day 7, usually early afternoon, except if day 7 falls on a non-working day.
    Yes apologies, typo on my part, now amended. I'm so used to typing 7 working days due to the CASS so was probably on autopilot.

    Regardless though the point stands in that debit card payments into NS&I's Direct Saver take a while to become available to withdraw so the funds can't be withdrawn too soon after depositing by debit card.
  • HillStreetBlues
    HillStreetBlues Posts: 6,081 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    Thanks both, is there any issue using different DC to top up?
    Let's Be Careful Out There
  • s71hj
    s71hj Posts: 615 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    friolento said:
    With the N&I DS  has anyone had issues withdrawing  soon after topping up via debt card?
    It takes payments 7 working days to clear IIRC so there may be a delay in funds being available to withdraw.

    7 calendar days in my experience. You can put your withdrawal request in after around 22:30 on day 6, and receive your money on day 7, usually early afternoon, except if day 7 falls on a non-working day.
    Yes apologies, typo on my part, now amended. I'm so used to typing 7 working days due to the CASS so was probably on autopilot.

    Regardless though the point stands in that debit card payments into NS&I's Direct Saver take a while to become available to withdraw so the funds can't be withdrawn too soon after depositing by debit card.
    For this reason I've switched to always using Revolut 
  • friolento
    friolento Posts: 2,413 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    Thanks both, is there any issue using different DC to top up?

    Any debit card in your name will do
  • ForumUser7
    ForumUser7 Posts: 2,458 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper

    For those who still have a Scottish Widows account:


    I've received a letter to say my Instant Saver 2 account is getting closed on or around 10/9/25. I've just spoken to them and they've said they are going to be closing all of their savings accounts. 

    If you are using Scottish Widows as a source of DDs it may therefore be worth getting replacement DDs lined up for when the accounts are closed.
    Scottish Widows Bank no longer offers savings products. This section contains information for existing customers.
    This page may be helpful for anyone affected:
    https://www.scottishwidows.co.uk/bank/savings.html
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
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