Fifty Pence Direct Debit Logo

Looking for a cheap 50p Direct Debit to qualify for a bank offer?

Easily setup a cheap recurring monthly direct debit payment in a few clicks. Join our growing number of users who enjoy hassle-free direct debits, allowing you to enjoy access to various bank offers.

Set Up A £0.50 Direct Debit

Setup a monthly recurring £0.50 direct debit. You can cancel your subscription at any time and are protected by the Direct Debit Guarantee.

It can take 5 business days for the direct debit to take the first transaction so please be patient and allow enough time before setting up or switching to any bank offers. All subsequent payments will be taken from today's date.

All payments are set up through Stripe, a secure payment processing platform. Upon clicking on the 'Setup now' button, you will be redirected to the Stripe checkout page to complete the setup of the direct debit mandate. The process is extremely quick and simple. You can cancel the subscription at any time via your bank and are protected by the Direct Debit Guarantee. For more information, see our FAQ section.

FAQ

Answers to your frequently asked questions regarding setting up a 50p direct debit.

The direct debits are set-up and collected by Stripe. When you set up your direct debit you will be transferred to Stripe to put in your details. We 'Fifty Pence Direct Debit' do not store or have access to your bank details. Stripe uses strong encryption to keep all your details safe. For more information regarding Stripe's security features click here.

Yes. You can cancel at any time through your bank either online, via their app or by phone and you are protected by the Direct Debit guarantee. If for any reason you are unable to cancel via your bank you can contact us at [email protected].

It can take 5 business days from when you've signed up for the direct debit to when it appears in your transactions. Do not start any account switch until you have confirmed that the direct debit has been successfully set up.

Once the direct debit has been successfully created all subsequent payments will be taken from the setup date.

Getting started couldn’t be easier. Just follow the steps below and you'll be set up in minutes.

  1. Click Setup Now
  2. Enter your details
    You'll be directed to Stripe to enter your email address and bank details. Your information is safely encrypted and held by Stripe.
  3. And you're set!
    That's it, you're all set up! It can take a few days for the direct debit to take the transaction so please be patient and allow enough time before setting up or switching to any bank offers.

You can setup a second Fifty Pence Direct Debit on the same account. Each will have a unique Direct Debit Mandate Reference, allowing you to meet the two direct debit requirement for switching.

We want to help people achieve their direct debit requirements for bank switching rewards and incentives as cheaply as possible. The 50p Direct Debit covers our transaction cost and other costs for running this service.

What are the Benefits of Fifty Pence Direct Debit?

Our goal is to help you achieve your direct debit requirements for bank switching rewards and incentives for just 50p per month.

Are you looking to switch bank accounts to receive a reward or incentive? Some banks will pay upwards of £200 just for you to switch your current account over to them. Other bank incentives offer savings accounts with higher interest rates, free subscriptions to video streaming platforms, or breakdown cover, to name just a few.

The only catch is that most of these bank switching incentives require you to have at least 2 direct debits set up to qualify for the reward. For some people this can become a problem if you’re not switching your primary bank account and don’t have enough direct debits to transfer.

This is where 50p Direct Debits comes in. We offer small £0.50 direct debits on a monthly recurring basis which you can use to help reach your direct debit obligations. There’s no limit to how many you can set up, you can create as many direct debit subscriptions as you need just by repeating the process.

Getting started is quick and simple, click on the ‘Setup now’ button below. The whole process should take less than a minute.

Setup now