HALIFAX Reward Current Account £125 switching bonus + possible £60 year
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HALIFAX Reward Current Account £125 switching bonus + possible £60 year

68
Found 4th Sep 2015
Hey guys, some sources have told me the £100 bonus will be rising to £125 in the next week or so.

Additional £5 per month when you pay in £750 per month and have 2 outgoing direct debits.

68 Comments

I knew I was right in holding off mid-week, potentially made an extra £25 by waiting a few more days...

Thanks OP

lots of competition in the market. I joined a few years ago when you could have 3 of these accounts. Been picking up a free £15 a month for several years now.

oh and check quidco and Topcashback too.

Original Poster

manicmidlander

lots of competition in the market. I joined a few years ago when you … lots of competition in the market. I joined a few years ago when you could have 3 of these accounts. Been picking up a free £15 a month for several years now.


Lucky you! I'm using mostly this, nationwide and TSB.

Ta OP. Voted hot. I a good source.

manicmidlander

lots of competition in the market. I joined a few years ago when you … lots of competition in the market. I joined a few years ago when you could have 3 of these accounts. Been picking up a free £15 a month for several years now.



Can you transfer the £750+ between the 3 accounts to get £5 each? If not, what's the way around this?

eaxlns

Can you transfer the £750+ between the 3 accounts to get £5 each? If not, … Can you transfer the £750+ between the 3 accounts to get £5 each? If not, what's the way around this?



Yes, you can.

Although you can only have 2 Reward accounts now - one sole and one joint.

A few years ago, you could have had 3+ accounts, but Halifax amended their T&Cs.

eaxlns

Can you transfer the £750+ between the 3 accounts to get £5 each? If not, … Can you transfer the £750+ between the 3 accounts to get £5 each? If not, what's the way around this?



​yes. That's what I do with all my accounts.

ciaranf

Lucky you! I'm using mostly this, nationwide and TSB.



​Yes Halifax regularly encourage me to change my accounts but I advise them I'm more than happy with the present arrangements

Yes this is definable u happening from Monday. If you can't wait and want to start your switch over the weekend you will still get paid the £125 on completion. (Even though the £100 offer is advertised).

Edit! Damn you auto correct...

Yes this is definitely happening...

Heat added

I work for halifax and we haven't been briefed on it

c4t

I work for halifax and we haven't been briefed on it



If you work in branch, this is not true. We were briefed a couple of weeks ago and it's a national campaign.

If I've already requested a switch, and it commences on the 10th will I be eligible?

manicmidlander

​yes. That's what I do with all my accounts.


Do you not have to have £750 coming into all 3 accounts from unique sources?

How are you getting £15 a month?

eaxlns

Do you not have to have £750 coming into all 3 accounts from unique … Do you not have to have £750 coming into all 3 accounts from unique sources?



No. One reward account can fund another and vice versa.

]I have 3 BOS reward accounts can I now apply for two Halifax?

eaxlns

Do you not have to have £750 coming into all 3 accounts from unique … Do you not have to have £750 coming into all 3 accounts from unique sources?



No, can be moved between Halifax accounts, I have a monthly Standing Order from my Halifax Ultimate Reward to my Reward Account monthly of £750, next day I standing order £700 back to my Halifax Ultimate Reward current account, I have 2 direct debits from the reward account, and I get £5 a month, all automatically done.

I'm going to check if I can get another reward account, I already have 1 reward account + the Ultimate Reward Joint Account.

Kingsworth

If you work in branch, this is not true. We were briefed a couple of … If you work in branch, this is not true. We were briefed a couple of weeks ago and it's a national campaign.

I don't wrk in branch spoke to colleague he said he hasn't heard either but they'll probably tell us mon morning fs lol

I received several letters offering me cash if I swapped to Halifax , each time the offer increased , and I accepted it this year when it reached £200 for transferring and the £5 monthly reward . Transfer went as smooth as silk

I was offered £100, £120 ,then £160 and finally £200
Edited by: "digit1guy" 4th Sep 2015

digit1guy

I was offered £100, £120 ,then £160 and finally £200



Should've waited a few more years until it got to £10,000. X)

I bought my first home through them this year, and on top of this offer they gave £500 for getting the mortgage through them and i was also refunded £450 on previous house survey fee where the purchase of house didn't go through.

Great service as well!!!!
Edited by: "uandi121" 4th Sep 2015

halifax is by far the easiest switch. you do everything online and its quick and proficient.
I ain't even mad i just switch and only got £100.

Hi what is there online offering like how long does it take to update when you make a Debit Card payment ect also do they offer apple pay yet?

manicmidlander

lots of competition in the market. I joined a few years ago when you … lots of competition in the market. I joined a few years ago when you could have 3 of these accounts. Been picking up a free £15 a month for several years now.



how are you getting this £15 a month?

daffyduck42

how are you getting this £15 a month?



I'm assuming they get £5 each month for the three Reward accounts they have with the Halifax. 3 x £5 = £15. They were an early adopter and was allowed to keep the original 3 accounts that they held when the Halifax reduced the amount of Reward accounts that you're allowed to hold for any newer customers.

Apple pay due in next fortnight as staff are being trained now

Thanks..

This is such a great account. I switched last year and use it as my spending account. Great value. If i could do it again i would. I also can't bring myself to switch the account to another bank to take advantage of their offers. I really should open another account else where so i can switch it around the various other banks.

gallopingbanker

Yes this is definable u happening from Monday. If you can't wait and want … Yes this is definable u happening from Monday. If you can't wait and want to start your switch over the weekend you will still get paid the £125 on completion. (Even though the £100 offer is advertised).



Are you certain that if I apply today I will still get paid the £125 on completion? I would wait if thats not for sure. Cheers!

Not 100% g'teed. But that is how it worked out last time they did the enhanced switching offer...

The site says you need to have 2 different direct debits set up.
Any ideas how this could be possible if you just want the account as a spending account, for example just having it to use it with Apple Pay or something similar.

Can you switch without paying money into the account? I'm going away so won't have any income coming in for a few months.

I've had my Barclays account for something like 20 years
Any reason why I should keep it rather than switch to Halifax?
Their products aren't competitive enough and loyalty doesn't seem to pay, so...
Or perhaps open up an account with some other bank and switch that over instead?

struggling to find enough direct debits for my santander accounts...any ideas for dds? you cant dd between personal accounts can you?

Great bank, moved last year and got a similar deal.

bylromarha

struggling to find enough direct debits for my santander accounts...any … struggling to find enough direct debits for my santander accounts...any ideas for dds? you cant dd between personal accounts can you?



was thinking the same thing - would be good to have several accounts, but only got so many dd's
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