In terms of setting up direct debits - none of the top paying accounts ask for a minimum value. Santander, Lloyds, M&S, Clydesdale Bank and Halifax are such examples.

To qualify, you need to switch an account from a different bank, set up two or more direct debit or standing orders, make five or more payments with your debit card within 45 days, and pay in £ ...

Nationwide and First Direct both pay £175, while Santander offers £150. There are some other perks while customers have to follow a number of steps to get the cash.

You are covered by the direct debit guarantee which says that if a debit is set up fraudulently, the bank will refund you — which Santander has done each time.

The new Edge Up current account offers 1% cashback (up to £15 a month) on selected monthly bills paid by direct debit, including council tax, water, gas, electricity, phone, mobile, and paid TV ...

So while it doesn't cost your gym £40 to set up the direct debit there are ongoing costs which are associated with setting up payment schemes.

You can choose to end your direct debit agreement with your local authority once you've received the payment if you want to. If you choose not to set up a direct debit but are eligible for the payment ...

Setting up direct deposit for unemployment benefits could take years, the EDD said in a hearing this week.

Money Personal finance Santander launches new current account offering up to £30 cashback each month The new Edge Up current account offers 1% cashback on selected monthly bills paid by direct debit.