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Transfering To Halifax Reward Current Account
jmw254
Posts: 3 Newbie
I wonder if anyone will be able to help.
I am considering transferring my Nationwide Flex Account to take advantage of Halifax's Reward Account. I gave Halifax a call today to see if there was an interest free overdraft during the transfer between my current bank and theirs for the first month or so. I was told this was up to my local branch.
Has anyone who has made the switch to Halifax been offered a period of "grace" from overdraft charges during the move? Or, in your opinion, should I stick with Nationwide. Your advice gratefully appreciated.
jon
I am considering transferring my Nationwide Flex Account to take advantage of Halifax's Reward Account. I gave Halifax a call today to see if there was an interest free overdraft during the transfer between my current bank and theirs for the first month or so. I was told this was up to my local branch.
Has anyone who has made the switch to Halifax been offered a period of "grace" from overdraft charges during the move? Or, in your opinion, should I stick with Nationwide. Your advice gratefully appreciated.
jon
0
Comments
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They should have checked their own web site.I gave Halifax a call today to see if there was an interest free overdraft during the transfer between my current bank and theirs for the first month or so. I was told this was up to my local branch.
"For the first four months you’ll get a fee-free overdraft. You won’t pay any interest (whether your overdraft is arranged or unarranged). "
http://www.halifax.co.uk/bankaccounts/switchingtous.asp
I'd apply in branch and ask if they'll pay you anything if you do transfer
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opinions4u wrote: »"For the first four months you’ll get a fee-free overdraft. You won’t pay any interest (whether your overdraft is arranged or unarranged)."
Although it clearly states you won't pay any interest, it doesn't clarify if an overdraft fee would be applied during these four months...0 -
How much clearer can the term "fee free" be made?Essenchill wrote: »Although it clearly states you won't pay any interest, it doesn't clarify if an overdraft fee would be applied during these four months..."For the first four months you’ll get a fee-free overdraft. You won’t pay any interest (whether your overdraft is arranged or unarranged)."0 -
It says...Essenchill wrote: »Although it clearly states you won't pay any interest, it doesn't clarify if an overdraft fee would be applied during these four months...
"arrange an overdraft that’s interest free or fee free (depending on the type of account) for the first four months."
...which reads to me that there are no fees whatsoever during the (maximum) 4 month switching period.0 -
opinions4u wrote: »How much clearer can the term "fee free" be made?
Oops.. oh yes. Sorry0
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