30p direct debit query

gerrard88

Switching from chase to nationwide using the 30p dd website. I am only doing 30p. Does this still qualify for bank switches?  It is not clear on the site. It does say 60p is

PRAISETHESUN

Clear on which site? As long as the DD mandate is set up on the account you are switching to your new bank (ie. Chase) then it will count as a valid DD for switching

FLAMPARD

how long after you have set this up and direct debit appears on your account list do they actually take payment ?

WillPS

https://forums.moneysavingexpert.com/discussion/comment/81906519#Comment_81906519

5ish days to set up then another 5ish for first payment.

friolento

https://forums.moneysavingexpert.com/discussion/comment/81677542#Comment_81677542

It would be a valid DD unless the switch T&Cs stipulate a minimum DD amount though I don't think I have ever seen a switch offer which specified a minimum DD amount.

FLAMPARD

does it actually need to pay out to be classed as active for the Lloyds offer

Cryptix

https://forums.moneysavingexpert.com/discussion/comment/81906892#Comment_81906892

I would always wait until the first payment has been processed for each one to be completely safe.

atlantis187

Have u got link to this site please to set up?

Can I set 3 up for the Lloyds switch

WillPS

https://forums.moneysavingexpert.com/discussion/comment/81909907#Comment_81909907

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

Nothing in the terms to say they can't all be the same so far as I have noticed.

PRAISETHESUN

As long as you have 3x individual DD mandates on your account that are switched over then I would imagine you will be okay

HillStreetBlues

https://forums.moneysavingexpert.com/discussion/comment/81910090#Comment_81910090

https://forums.moneysavingexpert.com/discussion/comment/81909907#Comment_81909907

I used 3 30p in my last Lloyds switch, no issues.