Thanks. I’ll need to follow up with them then. What good is the receipt if the transaction has been paid for using the card, surely that’s enough (he says - because he’s lost the receipt (embarrassed) )
Usually at the end of the following month if it tracks. Keep the receipt until you see the transaction in your account.
I don't have the offer. Guess it's because I'm already a regular shopper there. They've probably targeted non morrisons shoppers. Good offer though so heat.
Nothing on mine, but good deal if you have it
Exactly. I'll bet they're replacing the scheme to replace it with something more marketable. The More card isn't really a marketing scheme, it's just kind of existing almost invisibly in the background. I'll bet you people actually spend greater amounts with Tesco's new Clubcard scheme because it's constantly advertising to you in all sorts of ways, even on price tags nows. People don't respond to boring discounts even if they're better off for it. Morrisons are looking to make sales pitches like others do, and I wouldn't be surprised if the discounts actually are better..
Uh oh can anyone help please. Me being silly I already downgraded my account today to regular current account in order to waive the monthly fee. Any chance I will still receive the £100. Its been about 5 days since opening account and switch to take place 11th May
Just a thanks I switched from Santander to Halifax very efficient the £100 was in my account before the switch took place which was impressive. The only downside was getting my wife onto the account that involved a trip to a Halifax and then a 1 hour phone call going over our finances
I switched to a newly opened Reward Current Account (from an exterior account) in Aug 2020 and recieved an incentive payment consequentially. Seeing this deal and having forgotten about the above action (which would make me ineligible) I: demoted my Reward Current Account to a Current Account, opened a new Reward Current Account, switched an exterior account to the newly-opened Reward Current Account. Remembered I had already had received the Aug 2020 incentive so would presumably not get one this time, got faintly annoyed at myself. Received an incentive payment. Was surprised. Ymmv
Has anyone who has received an incentive for switching since April 2020 managed to get another £100 for a switch under this offer? I could apply for an Ultimate acc, and would do so if this may be likely. Although from what I remember from many years ago, Halifax systems are on the ball with this (unlike Natwest group!)
Same here, its been like this for about 2 weeks now!
Not found one that does it properly yet 1. Add the fees (or reduce the other if paying up front) That makes the starting cash position the same. 2. use the same payment to run the amortisation for the comparison period. That makes the cash flow the same See which has the lowest debt at the end. Single number comparison MSE you have to work it out and there is nothing to account for the difference in payments earning interest or reducing debt. Because the payment determines the outcome you need to use the planned payment not the one based on term. Very important if planning to overpay.
Link for best calculator spreadsheet please. Thanks
I know first tool (best buys) is not accurate as MSE first year cost is not important, it's total cost over initial fixed period. As principal amount in 2nd and further years is lower so lower interest rate wins in later years. Can you please share how the second tool is wrong . Thanks And what tool/website or formula you use ?
MSE is one of the sites that does the calculations wrong. Both those links do the calculations wrong.
Two excellent tools to use for comparison of mortgage deals. First use this one and see your best buys. moneysavingexpert.com/mortgages/best-buys/ Then ask any broker to best these if they can. Second tool is to compare your shortlisted deals, it compares only two deals, but mathematically most accurately. So use for final decision. moneysavingexpert.com/mortgages/compare-fixed-rate-mortgages/
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I wouldn’t say that’s jumping through hoops! Isn’t that just good credit risk management to ensure the bank are lending many thousands of pounds in a responsible way?!
Yes they are. You still have to jump through hoops - 3 years accounts, SA302’s etc
Fairly easy to apply, despite a 90 minute telephone application, which felt more like an exam than a simple mortgage interview. They just want a single month pay slip, didn't ask for bank statements and have arranged a house valuation within a couple of days
Geez Dean, it's too early to be talking like this! My brain is toast already and it's not even 7am 😁
The average compounded annual return of the S&P 500 between 1965 and 2019 was 10%. Between 2010 and 2020 it was 13.6% per annum (so actually better than the 50yr+ average) How is it unreasonable to expect a fund to outperform the most widely quoted index on the planet unless it was needlessly conservative? I won't ask you to apologise but please don't accuse me of posting misinformation when you're clearly not informed. The very fact you're saying things like "20yrs ago" and talking about Interest Rates (largely irrelevant) and Bitcoin/Tesla is telling. I'm talking about long-term, aggregated and compounded investment gains and quoting market averages...there's no pie-in-the-sky here.
That's £25 a month for the duration of the 5 years. I rather that go towards the mortgage.
Great deal, but I think its expired. I can only get 1.4%
just switched to new deal with Halifax 1,55% with no fee. I have asked my mortgage broker to find cheapest one. the cheapest for me he could find 1.29% 5 years fixed with coventry bank with fee £1007. I was told to stay with Halifax even if higher rate for 5 years . Worked out £105 cheaper to stay with halifax with higher rate and no fee.
Nothing to do with LTV it the size of the mortgage and payment that decides if the fee option is better.
Show your calculations because you have got that very wrong for the significant fixed period. As it depends on the size of mortgage and term you need to specify those that give the 3% APR over the 5 years.
Refreshed 3rd Dec 2020Refreshed 3rd Dec 2020
Earn 10% Cashback when you next eat at Nando's with Halifax (plus other banks) Cashback Extras - Maximum reward £30.00Halifax Bank Deals
This just popped up on my Halifax cashback extras in my mobile app. Can stack this with the free orange reward (y) Earn 10% Cashback when you next eat at Nando's. Maximum reward… Read more
I have been with both of them for nearly 6 years now. Glad I never had to use their OD facility yet. Just posted the deal hoping some people might find the 6 months 0% offer helpful in case they need to switch their account anyway. Of course credit cards will be a better option.
I left Lloyds/Halifax after thirty years over their ridiculous overdraft rate increases - up to 80% APR - more than quadrupling the rate I was charged previously with a perfect credit score. Now reduced to 40% after pressure from regulators. Cheaper to borrow on a credit card - Barclaycard offer me balance transfers at 1.9% fee for 18 months every month. Don't go near Lloyds/Halifax. Banks are crap but Lloyds/Halifax are crapper.
People have different circumstances for sure. But if possible it's best to stay away from any sort of loan.
without being judgemental... But if you are regularly going into your overdraft then you clearly need to review your finances as something isnt right. if within 6 months you are still being overdrawn then you clearly have real financial issues. if you cant afford it, dont pay for it.
Why not just get a credit card with 0% purchase offer for a longer period.
Posted 28th Jul 2020Posted 28th Jul 2020
Open a new Halifax Reward / Ultimate Current Account - Switch your current account and get £100 @ HalifaxHalifax Bank Deals
Offer now live
As part of a re-launch of their Reward Current Account, Halifax are offering customers £100 to switch their account over from another provider, to either a BRAND NEW Reward current… Read more
If your car has just been cleaned then this would do for a quick top up. Otherwise always wash it properly if you want to avoid scratching. Not for me. I'm out too.
Just saves people the time of getting hoses, buckets out, cleaning then drying. This I only say use on dust or very light dirt cars and dont just use one microfiber use a few. I usually fold the microfiber cloth, then fold it again, that way you'll get eight sides from one cloth
It's good stuff, I use it on my car, ideal as I don't have access to a hosepipe. Ideal for preparing surface for applying wax too. (y)
It was in Sainsbury's. I'm sure Amazon have had it for a lot more than Wilko does. Having said that, my nearest Wilko has been OOS for a long time.
Fair enough. Just sound easier to wash the car normally to be honest unless your car is already clean. And for that reason I’m out. (lol)
Posted 2nd Jul 2020Posted 2nd Jul 2020LocalLocal
Growmoor: Multi Purpose Compost 40 Litre Bag - £1.99 @ Home Bargains (Halifax)£1.99Home Bargains Deals
This is good quality multi purpose compost by Growmoor. 40 litre bag £1.99 @ Home Bargains instore. Out of stock online. One of the UK’s largest selling composts with a powerfu… Read more
Nothing wrong with cheap chemicals. I grow everything with phostrogen! (highfive) It even works for hydroponics. I do compost myself but you really don't get much back for what you put in. FWIW if you check all the bags of compost, they're literally all subdivisions of Monsanto. Yeah, even westlands I think, or maybe they're one of the few that aren't.
My neighbor works at green core foods and they make frozen foods like Yorkshire puddings all the same but packaged up for different brands. (y)
Normally don't like shelling out loads for compost so go with 20L for a pound at Lidl when they have them in. However, picked up 6 bags of these this morning and will mix in some worm castings from my own compost bins and hopefully harvest some kale and carrots in time. Thanks fes37 (y)
It is not organic, so voted cold for cheap chemicals!
My hubby is a lorry driver. B & M, and Home Bargains both use Westlands, just branded as their own. I’d guess it’s the same with many other stores. He collected some juice from Princes the other day, all branded Tesco :D
Posted 19th Jun 2020Posted 19th Jun 2020LocalLocal
I go 5-7 weeks at a time without seeing my children because I work for the NHS in a high risk position. I don’t feel entitled to freebies and extras but while they keep coming I’ll be grateful. *more recognition for other essential/key workers needed I reckon.
How will most companies verify you are a key worker? NHS is easy due to work email addresses.
Cheap marketing for the banks. Free stuff for NHS. Everyone wins.
It is just a cheap marketing ploy for the fools. Are these not the same banks that screwed every single one of us a few years back (and continue to do so) key workers or not?
These NHS things are annoying me now. Yes NHS are on the frontline etc, but not all NHS staff are, i.e. admin working behind the scenes etc. However in my eyes ALL key workers should get benefits. You still have police and fire fighters doing their jobs. Police currently dealing with ASBO related offences and the current so called peaceful protests. Firefighters dealing with the fires stated by disposable BBQs being left in woodland etc. Then other key workers, working in shops and getting shouted at and receiving abuse because they don't have stock, or because they are limiting the quantity of items people are buying because of the people who panic purchased. The lorry drivers up and down the nation making sure you get everything. In my eyes all key workers matter.
Thanks. I think I will just accept the email@example.com% and start it when my current deal expires at the end of Oct.
I believe you can change your deal right up until they give you the actual offer, I think agreement in principles last 90 days. I guess you may be subject to extra credit checks I.e you choose a deal now and they make an offer and you take extra credit in the meantime they may want to do an extra check which may give a different result. Personally I went right to the wire, gambling on rates continuing to drop. If I saw them rising I would’ve made a move sooner
Just checked mine as i am now eligible to switch deals. LTV less than 60% 3 years@ 1.47% 5 years@ 1.52% I am thinking about switching to the 5 year deal. Questions: If I select the option to switch when my current deal expires (end of oct) if a better deal comes up will I be eligible to change? (Will call Halifax tomorrow to confirm). Is it worth holding off and waiting to see if the rates will drop further? From what I can see however is they have started to rise a little.
Yeah I think so! I tried to check exactly but it is hard to find the LTV of the offer once you have gone through with it. With less than 100K left I was glad they introduced the lower rates for us too! Just in time!
according to MSE, it'll be up to £500 starting 9th Apr. https://www.moneysavingexpert.com/news/2020/03/uk-coronavirus-help-and-your-rights/?utm_source=MSE_Newsletter&utm_medium=email&utm_term=07-Apr-20-50601144-2956&utm_campaign=nt-hiya&utm_content=10#overdrafts
For many people this simply isn't possible. There are people out there who have no car or a 15 year old banger, have no holidays, and few luxuries, who still manage to have little in savings/end up in debt. Even then many would rightly wonder what the point is in working and life if all you do is work to pay the bills. We live in a debt fuelled economy, and it really gets highlighted at times like this. House prices are what they are because people are maxing themselves out to compete against everyone else "bidding" for the same house. They don't reflect actual worth at all. Don't forget they're bidding against buy to let landleeches who get to count rent from the property they haven't bought yet as income, and they'll rent out at well over 120% of their monthly mortgage repayments costs. Previous generations didn't pay anywhere near the % of income they do now on housing.
Apply on halifax.co.uk. They have now stated that if you take a payment holiday on the credit card it will not affect your credit file. Think this was after high level discussions with MasterCard and the credit reference agencies, that's why it took a while for this to come online.