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

LongTermLurker

Within the first couple of days of the following month - so if you funded the account today, it would be paid beginning of August.

pcyam

i have been switching money between my halifax bank accounts on different days, but has anyone done all the transfers in and out to hit the £1000 threshold all on the same day and successfully had the £5 paid every month??

TIA

Scrounger

Yes, I do HICA > RCA1 > RCA2 > RCA3 > HICA in about 2 minutes and always get 3 x £5 the following month. :beer:

Scrounger

derrick

Scrounger wrote: »

Yes, I do HICA > RCA1 > RCA2 > RCA3 > HICA in about 2 minutes and always get 3 x £5 the following month. :beer:

Scrounger

Same here, but first and last move from external source.

gunton10

anyone receive anything yet this month? wondering if they have cocked on yet.

fablad75

I had a HICA and a Reward Current account. After reading the posts here I decided to try for two more Reward Current Accounts. The first one got approvd straight away, but the second one was pending approval. I just checked and it had been declined Maybe I shouldn't have tried applying for them both in one night!

Anyway I'm now thinking that I could UPGRADE my HICA to a Reward Current Account anyway. Anyone know if there could be problems upgrading if you've just been declined for a third Reward Current Account? Should I wait? Is there a credit check involved in upgrading, or is it a simple matter of redesignating it? I don't want too many marks on my credit report!

YorkshireBoy

gunton10 wrote: »

anyone receive anything yet this month? wondering if they have cocked on yet.

It's usually (always?) paid to the account on the overnight processing run at the end of the first working day of the month.

You'll probably see it Tuesday morning, but it'll be backdated to the 1st of the month, ie today.

glider3560

Mine has now been credited. Great news as the account was only opened about 4 days ago!

KTF

My 3 accounts have the fiver added now

glider3560

My understanding is that the £5 is paid after deduction of income tax. As I'm not a taxpayer, could I file an R85 form to get the full £6.25? If this isn't possible, does the reward payment show on the S975/S352 that Halifax send at the end of the tax year?