Cashback/benefits on paying recipients by bank transfers

principlecounts
principlecounts Posts: 305 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Budgeting & bank accounts
As per subject, are there any banks that provide benefits to pay recipients by bank transfer? 
Student loan: Cleared.

Comments

  • km1500
    km1500 Posts: 2,703 Forumite
    1,000 Posts Second Anniversary Name Dropper
    yes I believe TSB provide an enhanced degree of fraud protection on bank transfers
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    In your dreams.
    It's just common sense - transfers are free in UK. Let's make them back and forth and earn cashback!
    Regarding the benefits, if you pay by a bank transfer for goods or services, a bank transfer is the worst way of doing this. You don't have any protection unlike for debit or credit card payments.
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