Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • michaelsft
    • By michaelsft 12th Sep 17, 11:42 PM
    • 22Posts
    • 0Thanks
    Direct Debits like Paypal for account switching
    • #1
    • 12th Sep 17, 11:42 PM
    Direct Debits like Paypal for account switching 12th Sep 17 at 11:42 PM
    Hi all, I notice bank accounts that offer 100 if you switch as long as you have 2 direct debits set up. I have a secondary account that I use for day to day and spending money (as opposed to my bills account with all my direct debits and standing orders).

    The secondary account has a direct debit for Paypal, nothing comes out though unless I use PayPal and choose that bank. Are there any other companies who set up a direct debit on your account but won't take monthly money from it, just use it to charge me if I use the service? Having 2 DD's like this would enable me to switch for an account on offer if I choose to in the future.

    Debt free wannabee...
Page 1
    • eskbanker
    • By eskbanker 13th Sep 17, 12:01 AM
    • 7,526 Posts
    • 8,152 Thanks
    • #2
    • 13th Sep 17, 12:01 AM
    • #2
    • 13th Sep 17, 12:01 AM
    Credit card payment is another one that can be used on an ad hoc basis if you have (or can acquire) a card that you only use occasionally.

    Or there are many other ways of setting up DDs, see this recent thread and the others linked from it:

    Or move some of your 'real' DDs to your secondary account temporarily while you switch and move them back again once you've secured the incentive.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,491Posts Today

8,161Users online

Martin's Twitter