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  • FIRST POST
    • Psyduck1980
    • By Psyduck1980 3rd Apr 18, 10:08 AM
    • 56Posts
    • 7Thanks
    Psyduck1980
    "Dummy" Direct Debits
    • #1
    • 3rd Apr 18, 10:08 AM
    "Dummy" Direct Debits 3rd Apr 18 at 10:08 AM
    I see some bank accounts are now stipulating that a certain number of direct debits must be included in the switch process in order to qualify for their incentive payments (e.g. M&S). Does anyone know if you can meet this condition using "dummy" direct debits? By that I mean low value charity donations, lottery payments etc. (which, presumably, you can cancel once the switch is complete) rather than things like utility bills.
    Last edited by Psyduck1980; 03-04-2018 at 11:54 AM.
Page 2
    • Mchambers
    • By Mchambers 5th Apr 18, 9:41 PM
    • 988 Posts
    • 309 Thanks
    Mchambers
    I am now waiting for the complaints about Tesco starting to roll in, in a month or two. "They never told me that they would stop DDs". "Can they do that?" "How much compensation should I ask for". Etc etc
    Originally posted by colsten
    That is what I like to hear....compensation.

    I am going to wait and see what is going to happen with the Tesco dds. I reckon it will a a bit of a co*k up. I will then complain and ask for compensation.
    • bundly
    • By bundly 6th Apr 18, 4:48 PM
    • 967 Posts
    • 799 Thanks
    bundly
    I have opened a Post Office savings account that accepts DD and set one up for 1 a month to satisfy a bank's DD requirement.

    Another good one is the FireFighters Lottery (google it). 1 a month and every month you have the chance to win 25k.
    • Mee
    • By Mee 9th Apr 18, 3:52 PM
    • 1,125 Posts
    • 1,056 Thanks
    Mee
    Re: Firefighters Lottery

    I note the reference recurring monthly payment which I assume means continuous payment authority.

    There are a few similar ones I considered to replace some of my Tesco DDs but was put off by the continuous payment authority aspect.
    Free thinker.
    • eskbanker
    • By eskbanker 9th Apr 18, 4:11 PM
    • 7,987 Posts
    • 8,890 Thanks
    eskbanker
    Re: Firefighters Lottery

    I note the reference recurring monthly payment which I assume means continuous payment authority.

    There are a few similar ones I considered to replace some of my Tesco DDs but was put off by the continuous payment authority aspect.
    Originally posted by Mee
    I don't understand why you'd associate 'recurring monthly payment' with CPAs rather than DDs, especially when https://www.firefighterscharity.org.uk/donate/be-a-regular-donor-all-you-need-to-know/ is clear:
    Ways to donate

    Via Direct Debit

    By far the quickest and easiest way to become a regular donor is to do so via Direct Debit. You can sign up in a few minutes by clicking on the link below and completing our five minute form. You can choose to donate however much you wish on a monthly basis
    • Mee
    • By Mee 10th Apr 18, 1:27 PM
    • 1,125 Posts
    • 1,056 Thanks
    Mee
    I don't understand why you'd associate 'recurring monthly payment' with CPAs rather than DDs, especially when https://www.firefighterscharity.org.uk/donate/be-a-regular-donor-all-you-need-to-know/ is clear:
    Originally posted by eskbanker

    I must admit I hadn't seen that page but followed the link for online Lottery registration page
    which points to https://payments.sterlinglotteries.co.uk/payment/direct_debit/start


    On said page under
    Payment Total
    The total will be taken as a recurring monthly payment.

    Which I seem to have misinterpreted?
    Free thinker.
    • Fan Of 2018
    • By Fan Of 2018 11th Apr 18, 3:51 PM
    • 18 Posts
    • 6 Thanks
    Fan Of 2018
    I just finished signing up, and it shows the direct debit symbol, and you have to confirm that you want to send DD instructions to your bank.
    • anotheruser
    • By anotheruser 12th Apr 18, 3:07 PM
    • 2,626 Posts
    • 1,548 Thanks
    anotheruser
    Looks like it's goodbye to Tesco and hello to the Post Office then.
    Will sign up now!

    I guess it's the "Online Saver"
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