Sign up for this valuable benefit from Cashplus and arrange up to 30 payments and Standing Orders per month
So if you keep the account topped up with money, you need never miss a payment again. And you’ll avoid late fees and protect your credit history at the same time.
You can use your Cashplus Account to make regular payments for everything from satellite subscriptions to your rent or mortgage and utilities as well as other important bills, such as loan repayments. It can also pay annual bills, such as for a TV licence.
Any payment of the same amount each month can be paid using your Cashplus Account.
Please take a look at what you need to know about our payments and Standing Orders service below. It contains important information about the processing of payments.
Once you have your Cashplus card, visit Online Servicing to register and set up your payments.
Please note that any payments made for goods or services via our Payments and Transfers feature in Online Servicing aren’t covered by Purchase Protection. To get this protection, please make the payment using your Cashplus card instead.
Who can use this service
Electronic payments are ideal if you don’t always remember to pay your bills on time or if you don’t want to carry around lots of cash and then wait in long queues to pay your bills.
To make electronic transfers, you’ll need to have Total Access with your Cashplus Account, which means that we’ll need to confirm your identity and address.
Setting up your payments
We can make up to 30 payments for you each month, if there’s enough money in your account, and as long as they are:
Payments you make more than once, where the amount and date is always the same (called a Standing Order)
Single payments of up to £5,000
A request to set up a payment must be made by at least one business day before the payment is due (for example, if you’d like to make your payment on Thursday 5th of a month, you need to make your request no later than 12pm of Wednesday 4th of that month – we’ll confirm the date your payment will be made when you set it up). You can set up payments 24/7, 7 days a week via Online Servicing.
How much the service costs to use
You can arrange up to 30 payments to be made each month for FREE on most of our tariffs unless otherwise indicated in the Terms and Conditions.
Confirmation of payment setup
We’ll send you a message either by email or via Online Servicing, depending on the method you chose for us to stay in touch when you registered.
Changing a payment
If your payment details are incorrect please amend them in Online Servicing no later than the business day before the money is due to leave your account.
Once money has been deducted from your account, a payment can’t be cancelled.
What you need to remember
Please make sure you have enough money in your account on the business day the payment is due. This is so that we can deduct the money to process your payment on time.
If we can’t make a payment for you because there isn’t enough money in your account on that day, we can’t try again in that month on another day, but we’ll try again on the next scheduled date.
If more than one payment is to be made on the same day and there isn’t enough money to make all the payments, we’ll try to make the payment with the highest value first. We’ll make as many payments as possible with the money you have available. Please check Online Servicing to see which payments have been made.
We can only send payments on a business day (Monday-Friday) so if your payment date falls on a Saturday or Sunday, it’ll be sent the next business day. (For example, if your payment date is normally the 5th and the 5th is a Sunday, it’ll be sent on Monday 6th).
If we make a payment based on incorrect details you provided, you’ll need to resolve the issue with the person who received the payment. This means we’ll be unable to assist you with retrieving payments created by you to the wrong payee.
Payments and Transfer limits
|Maximum single payment||£5,000|
|Monthly payments you can make||30 payments per calendar month|
|Maximum sum of payments||£50,000 per calendar month|
|Maximum number of active payees
(companies you can pay)
|Minimum period until you can make your first payment
(once you’ve registered)
Note: Flexiplus product customers will pay up to 99p per payment.