Halifax reward account online now, and the old accounts....

A.Jones

rb10 wrote: »

No, you can take take it right down to £0. It's just a normal current account, so if it goes below £0 and into overdraft it will still stay open (you will just be charged!).

Yes, re:keeping £1 in the account. I was wrong earlier, you do not need to keep £1 in there when doing a transfer. I have no overdraft on mine, but I must keep £0.01 in there when doing a transfer. It will not allow a zero balance.

A.Jones

anactuary wrote: »

I wonder if, given the high interest account may end up as a Reward account, they're not allowing more than 3 accounts in total for now. Then, when your HIA swaps to the Reward, you'll have your 3?

At 10am this morning, two of them were active, and one was still pending.

At 11am, the third is now active and funded. So I have three reward accounts, plus a high interest account. I'll wait and see what happens when they migrate the HIA to a reward account.

londonuk2008

Do they give instant descions - to new customers?

10_66

YorkshireBoy wrote: »

Just a thought...£1,000 transfers in from other Halifax accounts still satisfied the funding requirements for my HICA. I wonder if the same is true of the Reward account?

Does anyone know if this is possible?

YorkshireBoy

10_66 wrote: »

Does anyone know if this is possible?

For the reasons given in post #134, no-one here will be able to answer that question yet.

naijapower

londonuk2008 wrote: »

Do they give instant descions - to new customers?

same question by me as well. does someone know? cos my mate applied this morning and was expecting an instant answer but was told online he would be contacted within the next 14 days. He said it seem like a standard msg and not a referrer msg etc

londonuk2008

I have just applied and gotten the same message - didnt look like a rejection - but it did ask me for online banking numbers first , which i dont have as I am not a exisiting customer.

KTF

The account that I applied for (existing customer) on Sunday evening is now fully operational online. When it gets towards the end of the month I will stick a grand in then transfer it out to various regular savers. Painless way to get a fiver

Robert_Hopkins

Did everybody know Halifax is offering a new Websaver Reward account to add to the reward range, in return for a maximum of 3 withdrawls a year you get the fixed rate of 1% for a year. I have opened one in case base rate goes to zero. but most of my web savings will go in the Yorkshire Building Society Varilable rate account with cashcard which offers currently a higher rate . I will be keeping a eye on the rates.

withnell

Robert_Hopkins wrote: »

Did everybody know Halifax is offering a new Websaver Reward account to add to the reward range, in return for a maximum of 3 withdrawls a year you get the fixed rate of 1% for a year. I have opened one in case base rate goes to zero. but most of my web savings will go in the Yorkshire Building Society Varilable rate account with cashcard which offers currently a higher rate . I will be keeping a eye on the rates.

Considering the base rate / savings rate differential at the moment, I'd doubt that everyone's instant access rates will be dropping to below 1%