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Cahoot Transfers
Gambler
Posts: 3,375 Forumite
Does anybody know if a can set up a monthly transfer from current a/c to savings a/c please? It always seems to be a one off.
Or would I have to set up a standing order?
Thanks
Or would I have to set up a standing order?
Thanks
0
Comments
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I have a standing order set up from my cahoot curr to cahoot savings. Easy to set up and amend0
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But, don't cahoot process standing order between your current a/c and cahoot saving a/c via BACS (i.e. it takes 3 days to transfer)? I had the same problem as Gambler, and this is what cahoot told me. So, I now set up one-off transfers for each month I want pay money into my savings account with them. Very annoying, and silly for an online bank.
Darryl.... Fool's Gold ...0 -
and I have a natwest current a/c for £20 per week - saving for junior to go to NY next year!
When I set up the standing order I set it up for an indefinite period - if you do it on line it should ask you how long you want the standing order to remain in place.
Money goes out of my account on a monday and reaches my savings a/c on wednsday.
As far as I am aware if you are transferring between cahoot a/cs then provided the request goes through before 4.30pm (which I guess it should do if its automated!) then the transfer should be the same day.2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0 -
Can you have a monthly standing order on a cahoot deposit account?£2 Coins Savings Club 2012 is £4
.............................NCFC member No: 00005.........
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NPFM 210 -
if by 'deposit' account you mean savings account - then not strictly. You can, however, do one-off future dated payments to any account and payment can set these to leave on any 'convenient' date [say a Mon or Tues] rather than be on the same date every month [and therefore crossing weekend/bank holidays sometimes]. The only drawback of this is the time it takes to set up all these payments and that they seem to take a day longer [3 working days rather than 2] to arrive.Rikki wrote:Can you have a monthly standing order on a cahoot deposit account?.....under construction.... COVID is a [discontinued] scam0 -
I'm planning on opening a cahoot account. Is it worth it? rpoints give you 1000 points for signing up through them. Does anyone know of a better deal?0
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greasypalm offer you £10 .2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0
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