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Do any savings accounts allow you to set up direct debits or standing orders?

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    Do any savings accounts allow you to set up direct debits or standing orders?

    When I take my dividends I want to leave them in a savings account for maximum interest, then every month automatically transfer out 'my allowance' to my beer account.

    Ideally I would like to be able to set up direct debits from the savings account for the various regular investments I make.

    I would like it that way so I do not have to manual process every month or be placing large amounts into an account I am using in restaurants or online etc.

    LLoyds don't do them, checked with Santander and they said no, any other banks allow you to do it?

    Even if I can set up a regular standing order that would be OK. I can set up the direct debits to go out from the booze accounts the day after the transfer comes in.

    Cheers.

    #2
    Originally posted by minestrone View Post
    When I take my dividends I want to leave them in a savings account for maximum interest, then every month automatically transfer out 'my allowance' to my beer account.

    Ideally I would like to be able to set up direct debits from the savings account for the various regular investments I make.

    I would like it that way so I do not have to manual process every month or be placing large amounts into an account I am using in restaurants or online etc.

    LLoyds don't do them, checked with Santander and they said no, any other banks allow you to do it?

    Even if I can set up a regular standing order that would be OK. I can set up the direct debits to go out from the booze accounts the day after the transfer comes in.

    Cheers.
    I think I can set up regular transfers between my Natwest accounts. I think I can do it with ING direct two but wouldn't be so confident.

    I'm pretty sure Cater Allen allows regular payments too.
    ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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