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Savings/investment DDs and debit card deposits- An updated list
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I'm looking for clarification on the Hargreaves Lansdown Active Savings Account deposit. In the app the only option for adding funds is via "Easy bank transfer". This uses Ecospend to connect to the chosen bank account, but it doesn't ask for the debit card details. Does that still count as a debit card payment?0
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I don't have this account so I can't say for sure, but that sounds like some sort of open banking link. If you're not being asked to provide the full 16 digit card number + expiry + security number, then IMO it's not likely to be classed as a debit card payment.AltruisticPie1544 said:I'm looking for clarification on the Hargreaves Lansdown Active Savings Account deposit. In the app the only option for adding funds is via "Easy bank transfer". This uses Ecospend to connect to the chosen bank account, but it doesn't ask for the debit card details. Does that still count as a debit card payment?0 -
Yes, correct. It's open banking. Sounds like I should look at other options then!PRAISETHESUN said:
I don't have this account so I can't say for sure, but that sounds like some sort of open banking link. If you're not being asked to provide the full 16 digit card number + expiry + security number, then IMO it's not likely to be classed as a debit card payment.AltruisticPie1544 said:I'm looking for clarification on the Hargreaves Lansdown Active Savings Account deposit. In the app the only option for adding funds is via "Easy bank transfer". This uses Ecospend to connect to the chosen bank account, but it doesn't ask for the debit card details. Does that still count as a debit card payment?0 -
Debit card deposit is very clear on HL's website.AltruisticPie1544 said:I'm looking for clarification on the Hargreaves Lansdown Active Savings Account deposit. In the app the only option for adding funds is via "Easy bank transfer". This uses Ecospend to connect to the chosen bank account, but it doesn't ask for the debit card details. Does that still count as a debit card payment?
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Oh nice, yeah I see it there too. Strange how the mobile app doesn't give that option.moi said:
Debit card deposit is very clear on HL's website.AltruisticPie1544 said:I'm looking for clarification on the Hargreaves Lansdown Active Savings Account deposit. In the app the only option for adding funds is via "Easy bank transfer". This uses Ecospend to connect to the chosen bank account, but it doesn't ask for the debit card details. Does that still count as a debit card payment?1
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