Online banking

Online banking

cancel
Showing results for 
Search instead for 
Did you mean: 
73992members
21191posts

Qualifying conditions for current account interest.

Here to Help

Qualifying conditions for current account interest.

With regard to the qualifying conditions interest is there a distinction between direct debits and standing orders?

I prefer standing orders for regular fixed bills but cannot see whether these will be counted - or do I need to set up direct debits on my new account? 

3 REPLIES 3
Your Community Expert

Re: Qualifying conditions for current account interest.

Hi, thanks for getting in touch. You would need to have direct debits set up to qualify for the interest on the account - the direct debits would normally be set up with the companies themselves. I hope this helps!

Here to Help

Re: Qualifying conditions for current account interest.


@CarlyH wrote:

Hi, thanks for getting in touch. You would need to have direct debits set up to qualify for the interest on the account - the direct debits would normally be set up with the companies themselves. I hope this helps!


Thank you for your reply - I understand that standing orders will not count.

 

Community Manager

Re: Qualifying conditions for current account interest.

Hey @Eborexile 

 

Pleased to see that answered your question, can I ask that you accept the solution so it can be stored for other customers?

 

Thanks - Sarah