Halifax Reward Account - multiple applications

chris_m

My rewards were all present and correct too - and a Faster Payment moved them to my Nat West account straightaway, I half expected that to be a slower payments transfer.

Very impressed.

kriss_boy

My fivers have kept coming and Ive done little to disguise the fact Im simply transfering £1000 in and out within minutes at the begining of each month.

Anyone making an effort to make the additional accounts look like they have any purpose other than earing the £5s.

anna42hmr

kriss_boy wrote: »

Anyone making an effort to make the additional accounts look like they have any purpose other than earing the £5s.

i am just to be on the safe side, especially as they have stopped the multiple accounts to new customers (i just got in there in time) incase they start reveiwing accounts already in use or enforce the rule change on existing customers which they would be entitled to do.

one of the accounts i have some standing orders set up out of into a couple savings accounts i pay into monthly, so now its lloyds to halifax account 1 then to savings accounts.

the second account i have linked to quidco so any cash back payments go into that and are kept in there

the final account i have linked to my halifax share builder account.

i also pay £10 into each account each month for rainy day money (aka when i over spend on credit cards that month, use that to pay the surpless lol as pay them all in full)

adambro

Got my first £5 after recently opening the account. Very nice.

anna42hmr

adambro wrote: »

Got my first £5 after recently opening the account. Very nice.

its nice to see it add up lol, just for transfering money around!

derrick

anna42hmr wrote: »

its nice to see it add up lol, just for transfering money around!

Isn't it just;)

I converted my HI account in December 08,(?), then opened two more in February 09, and whilst I have just let the first account add the £5. and use it, the two extra accounts now have £55. sitting in each. Easy money:j

jennifernil

it is indeed! I have 3 Reward accounts, my husband has 2, plus we have a joint one. Then our daughter has one. Plus she and I both have Lloyds Vantage accounts.

So my £1000 does the rounds of these 9 accounts every month and earns £35 plus ensuring the 4% on the Vantage accounts.

Then for the rest of the month it earns a miserly 0.5% in a "savings" account!

Nine_Lives

Surely they'll clamp down on this as people will exploit the system. Who knows.

Anyway, got my signature form through the post today. They want proof of identity (understandable).

They offer a 1st class envelope for me to send my driving licence and passport through ......... so that the oh so helpful & professional guys at Royal Fail can "lose" my identity & have it cloned somewhere.

I don't think so.


Will i be ok to go INTO the Halifax & show them my passport & driving licence there or do i now have to go the postal route as i've done everything online so far?

Sucker_for_sweeties

K_P83 wrote: »

Surely they'll clamp down on this as people will exploit the system. Who knows.

Anyway, got my signature form through the post today. They want proof of identity (understandable).

They offer a 1st class envelope for me to send my driving licence and passport through ......... so that the oh so helpful & professional guys at Royal Fail can "lose" my identity & have it cloned somewhere.

I don't think so.


Will i be ok to go INTO the Halifax & show them my passport & driving licence there or do i now have to go the postal route as i've done everything online so far?

Someone smarter than me will tell you for sure, but I'm pretty sure in branch validation of documents is accepted for most reasons. Hopefully this is no different?

cottager

K_P83 wrote: »

Will i be ok to go INTO the Halifax & show them my passport & driving licence there or do i now have to go the postal route as i've done everything online so far?

Yes... as just answered on the other thread where you asked this