Direct debit rules

pcpaul22
Forumite Posts: 6
Forumite

Hi,
When doing a bank account switch do the rules re direct debits have to be monthly or is a quarterly DD ok?
TIA
When doing a bank account switch do the rules re direct debits have to be monthly or is a quarterly DD ok?
TIA
0
Comments
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It depends on the terms of the switch offer. Which bank is it?
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Best to check with the bank, although it will usually need to take payment within a given period to count. For example, if the period is 60 days, it would have to take at least one payment within them 60 days.0
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You don't need direct debits for the NatWest switch3
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Switch your bank account to NatWest and get our £200 offer
- Apply online or via our mobile app to switch a current account held elsewhere (using the Current Account Switch Service) into a NatWest account from 14th February 2023 to receive our offer of £200.
- Deposit £1,250 into your account and log into our mobile banking app within 60 days. App eligibility criteria apply.
- When you meet these conditions we’ll pay £200 into your eligible account within 7 days.
If you've previously received a switching incentive from NatWest Group, you will not be eligible for this offer. Offer can be withdrawn or amended at any time.
2
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