Monthly Direct Debits for 50p each
Need extra Direct Debits for a bank switch? Choose two or three monthly payments to Select Correct.
Two Direct Debits cost £1 a month. Three cost £1.50 a month.
This is a monthly service fee paid to Select Correct. Payments continue until you cancel. Check your bank’s requirements before paying, as switching rewards are not guaranteed.
No website account or setup fee. Cancel each subscription online through Stripe. Payments already processing may still be collected.
What you are paying for
The service sets up recurring payments to Select Correct through Stripe. These are fees, not savings deposits or charitable donations. We retain the fees after payment processing costs.
You approve each Direct Debit separately. Each completed approval starts its own 50p monthly subscription, even if you leave before finishing. The progress page shows which steps are complete and whether payments are still processing.
First payments can take up to seven working days to confirm. Use the same bank account you plan to switch from, and the same email for every approval.
Check the Direct Debit list in your banking app and your chosen bank’s offer terms before switching. The bank decides which payments qualify.
How cancellation worksCheck bank offer requirements or contact and operator details
A few quick answers.
How long does it take?
You can start now. Your first bank payment can take up to seven working days to confirm. Leave enough time before switching banks.
How do I cancel?
Open Stripe to manage or cancel. No website account needed. Cancel each subscription you no longer need; payments already processing may still go through.
Will these count for my bank offer?
Check your chosen bank’s current offer terms before paying. Some banks require a collected payment or only accept certain bills. You’re responsible for checking that these Direct Debits meet the offer’s requirements. The bank decides whether you qualify.
Read the switching checklistSwitching banks?
Compare switch offers and check what each bank asks for before you set up a payment.
Explore Bank Switching