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  • FIRST POST
    • The rider
    • By The rider 15th Jun 17, 8:03 AM
    • 43Posts
    • 163Thanks
    The rider
    Bank Switching - How Long do I need to have held Account for.
    • #1
    • 15th Jun 17, 8:03 AM
    Bank Switching - How Long do I need to have held Account for. 15th Jun 17 at 8:03 AM
    Morning


    Just a quick question that hopefully someone can help me with.
    I opened an account with Halifax using the Current Account Switch service ( I think over a year ago ) and now i am looking to switch again.


    Does anyone know how long I need to have held the account for so as not to need to repay the £100 reward that I was given on switching to Halifax?


    Many Thanks


    Steve
Page 1
    • Westie983
    • By Westie983 15th Jun 17, 10:32 AM
    • 3,855 Posts
    • 14,033 Thanks
    Westie983
    • #2
    • 15th Jun 17, 10:32 AM
    • #2
    • 15th Jun 17, 10:32 AM
    No time limit you can switch again as long as you have a card and account details. Halifax wont recall the payment as you have successfully switched to them.

    Westie983
    Save 12k in 2018 #10 Total (£25,000)+£0.00/£12,000 = 0.0%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £0.00/£800 = 51.25% ( x 11)
    Xmas 2017 £1 a Day #6 Total £400/£365 = 109.58%
    Virtual Sealed Pot #1 Total £1,800/£1,800 = 100.00%
    £2 Savers Club 2017 #3 Total (£1,450)+-450/£2,000 = 50.00%

    Total £28,560/£16,965 = 168.34%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • The rider
    • By The rider 15th Jun 17, 10:37 AM
    • 43 Posts
    • 163 Thanks
    The rider
    • #3
    • 15th Jun 17, 10:37 AM
    • #3
    • 15th Jun 17, 10:37 AM
    Thanks Westie


    Much Appreciated.
    • Wacemindu
    • By Wacemindu 15th Jun 17, 5:42 PM
    • 5 Posts
    • 1 Thanks
    Wacemindu
    • #4
    • 15th Jun 17, 5:42 PM
    • #4
    • 15th Jun 17, 5:42 PM
    I beleive it was 3 months, thats what my T+Cs said ( I think) however at a year you'll be fine. I've just applied to switch to the TSB deal from MSE. £130 + £10/month + 3% interest on 1500....yes please
    • YorkshireBoy
    • By YorkshireBoy 15th Jun 17, 6:15 PM
    • 29,610 Posts
    • 17,459 Thanks
    YorkshireBoy
    • #5
    • 15th Jun 17, 6:15 PM
    • #5
    • 15th Jun 17, 6:15 PM
    I beleive it was 3 months, thats what my T+Cs said ( I think) however at a year you'll be fine. I've just applied to switch to the TSB deal from MSE. £130 + £10/month + 3% interest on 1500....yes please
    Originally posted by Wacemindu
    You're mistaken. There's only one bank/BS operating a clawback clause for switching incentive payments, and it isn't Halifax.
    • Samsung_Note2
    • By Samsung_Note2 16th Jun 17, 10:22 AM
    • 198 Posts
    • 73 Thanks
    Samsung_Note2
    • #6
    • 16th Jun 17, 10:22 AM
    • #6
    • 16th Jun 17, 10:22 AM
    You're mistaken. There's only one bank/BS operating a clawback clause for switching incentive payments, and it isn't Halifax.
    Originally posted by YorkshireBoy

    Can you advise which that would be please.
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