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

LemonTree_3

Kavanne wrote: »

3 according the the T&Cs

Could you post a link to the Terms and Conditions of the new Halifax Reward Account please?

Thanks!

pcyam

Grade_A_Reject wrote: »

Tricky unless you got 3 computers simultaneously on the go. I applied for mine in very rapid succession though.

[edit] I'll call them the triplets.

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

PROLIANT

Guys, just to clarify, I hold the High Interest Current Account with an overdraft, I rarely use the O/D but sometimes on a 5 week month I may dip in to it.
Will I have the option to decline the £5 credit in favour of keeping my current overdraft interest rate?

Calchas

LemonTree wrote: »

Could you post a link to the Terms and Conditions of the new Halifax Reward Account please?

Thanks!

The Reward Current Account is a new kind of bank account that gives you £5 each month you pay in £1,000 – it's our way of saying thank-you for banking with us.
Not many people know how much interest they earn on their balance each month, so we're keeping things simple. The new Reward Current Account replaces the usual interest payments with something that's easy to understand – and potentially far more rewarding. We'll give you £5 each month whether you're in credit or overdrawn -all you have to do is pay in £1,000.
Even if you don't pay in £1,000 each month, our Reward Current Account could still be the account for you. You'll benefit from simple overdraft fees, making it easy to manage your money, and you'll also receive all the standard features you expect from a bank account. And in any month you do pay in £1,000 you'll get £5 too.
If you would prefer an account that offers a high credit interest rate along with a great range of other account benefits, our Ultimate Reward Current Account offers great rates including credit interest of 2.50% AER (2.47% gross) variable on balances up to £2,500 and a £300 interest-free overdraft (0% EAR). Typical 19.5% EAR variable on arranged overdrafts over £300. You'll also get peace-of-mind insurance cover and exclusive offers, all for just £12.50 a month.
Whichever current account you choose, you’ll get all the standard features you'd expect from a bank account including a Halifax Visa debit card, an overdraft facility if you need it, access to all our branches plus the convenience of 24-hour telephone and online banking.
Apply for the Ultimate Reward Current Account today
Apply for the new Reward Current Account

Or, click here to compare our range of current accounts.

And the link, although not strictly terms and conditions:

http://www.halifax.co.uk/bankaccounts/currentaccount.asp

LemonTree_3

@Calchas:
Thank you for your post
http://forums.moneysavingexpert.com/showpost.html?p=18589055&postcount=55

Actually, I'm after the terms and conditions to see the maximal numbers of reward accounts one can have. I can't see this from the sites you are suggesting - maybe I have just bad eyes.
Many have written here that the maximal number of accounts is 3 - just wanted to see this in the terms and conditions.

Calchas

LemonTree wrote: »

@Calchas:
Thank you for your post
http://forums.moneysavingexpert.com/showpost.html?p=18589055&postcount=55

Actually, I'm after the terms and conditions to see the maximal numbers of reward accounts one can have. I can't see this from the sites you are suggesting - maybe I have just bad eyes.
Many have written here that the maximal number of accounts is 3 - just wanted to see this in the terms and conditions.

Sorry...A couple more clicks:

http://www.halifax.co.uk/bankaccounts/pdf/Halifax-Reward-Terms-and-Conditions.pdf

YorkshireBoy

LemonTree wrote: »

just wanted to see this in the terms and conditions.

Here you go...

http://www.halifax.co.uk/bankaccounts/pdf/Halifax-Reward-Terms-and-Conditions.pdf (page 5, top right)

Robert_Hopkins

I am a current account holder who pays varaiant amounts in the account in each month and has a overdraft facility. I find it disappointing that Halifax cannot adopt one current account instead of all these different ones. I do not fit neatly into any of them and conseuently I loose out.

I also have a Nationwide Flexaccount which used to pay credit interest and now it pays nothing.

This demonstrates you can never win with current accounts.

jiggy2

LemonTree wrote: »

@Calchas:
Thank you for your post
http://forums.moneysavingexpert.com/showpost.html?p=18589055&postcount=55

Actually, I'm after the terms and conditions to see the maximal numbers of reward accounts one can have. I can't see this from the sites you are suggesting - maybe I have just bad eyes.
Many have written here that the maximal number of accounts is 3 - just wanted to see this in the terms and conditions.

when u apply online for the reward account it tells u the maximum u can have is 3...best to take a screenshot when going through the online process if you are worried...

also you can download a pdf copy of the T&C when applying and it is point b in section 2 - Special conditions

Jig

YorkshireBoy

PROLIANT wrote: »

Guys, just to clarify, I hold the High Interest Current Account with an overdraft, I rarely use the O/D but sometimes on a 5 week month I may dip in to it.
Will I have the option to decline the £5 credit in favour of keeping my current overdraft interest rate?

Wouldn't think so. When (not if) they convert your HICA you'll have to accept, like the Moneyback account holders this month, that you'll be on the £1/£2 per day usage fees...unless you move to another provider!