Our free Direct Debit service* is 3X better than anyone else's
Never forget a regular payment again:
- Free Direct Debits take care of bills for you
- Get free insufficient funds alerts
- Debit Protect™† – instant loan up to £1,000
to cover payment shortfalls
Our free Direct Debit service can automatically pay your bills for you – any amount on any date (even if they change), or the same amount on the same date.
And because many businesses find Direct Debits the easiest way to get paid, they offer discounts when you pay them this way – so you're likely to save over £4001 a year! No wonder over half of those who pay bills in the UK choose this way.
Yet there's so much more to our service, making it the best Direct Debit service currently on offer in the UK.
What makes our Direct Debit service so good:
- Insufficient funds alerts – If a Direct Debit looks like it's going to bounce, we alert you before the payment's due, giving you time to top up your Cashplus Account if needed
- Debit Protect™† – as a Cashplus customer you can be automatically approved for an instant loan of up to £1,000, guaranteed to cover a Direct Debit payment if you're short. Check the Members' Area to see if you're already approved or look out for a text or email from us
- No penalty fees – If a Direct Debit payment bounces, we don't charge a penalty fee, saving you as much as £25 per unpaid Direct Debit
How to set-up Direct Debits
Getting your bills paid automatically with a Cashplus Account is simple:
Take a look on the back of the bills you want to pay for instructions on how to set up Direct Debits against your Cashplus Account. Or just call up the companies that you pay regularly and tell them you'd like to pay your bills by Direct Debit from your Cashplus Account.
If you're not yet a Cashplus customer, please apply to get your card now! Otherwise, just read on to see how easy it is to set up Direct Debits from your Cashplus Account.
You'll need the following details:
- Your unique Cashplus Account Number (If you're an existing customer, you'll find this in the Members' Area under 'Account details'. If you're about to become a Cashplus customer, we'll send your Account details via an email once your Account's set up.
- The Cashplus Sort Code: (08-71-99)
- For 'Bank name', put: APS Financial Ltd
- For 'Bank address', put: PO Box 52768, London, EC3P 3WR
Look out for our email confirming everything's set up – and remember to keep your Cashplus Account topped up! You can then manage and view your Direct Debits via the online Members' Area under 'Payments & Transfers'.
And of course, for complete peace of mind, you'll be covered by the Direct Debit Guarantee scheme.
Make sure your Cashplus Account's topped up!
If you top up by bank transfer – you could have the money ready to spend the same day2. Find out more about this top up method and see details on another three quick and easy ways to keep your Account ready to take care of bills. There's bound to be at least one that works brilliantly for you!
Many of our customers find that the most convenient way to regularly top up a Cashplus Account with enough to pay bills is to have wages paid straight to their Cashplus Account*. It's free and it's easy – just complete our Wage Payment Form in black ink and give it to your employer.
Better than a bank account
As you can see, with our new Direct Debit feature, a Cashplus Account offers pretty much any electronic banking service that traditional banks provide – but without the unexpected penalties!
1Source: http://www.thesmartwaytopay.co.uk/DirectDebitExplained/Pages/Savings.aspx – as at 17.10.2011
2Funds should be available the same business day if top up payment is received before 3:30pm through any of the following banks who provide a Faster Payment Service (see the UK payments administration website for full details): Barclays, HBOS, HSBC, RBS, NatWest, Lloyds TSB, Alliance & Leicester, Co-operative Bank, National Australia Bank, Clydesdale, Danske, Nationwide, Santander. If the top up payment is received after 3:30pm from a bank with a Faster Payments Service, the money will be loaded the next day. We will text to confirm when funds are available.
♦Calls are charged at a local rate from BT landlines and may be recorded. Call charges from other networks and outside the UK may vary. We're open Monday-Friday, 9am-5pm.