Halifax Reward Account

GetRealBabe

Hi

Just received the papers through the post. Everything's ok. It's one of the easiest current accounts I've ever opened. :j

GRB

partlydave

GetRealBabe wrote: »

Hi

Just received the papers through the post. Everything's ok. It's one of the easiest current accounts I've ever opened. :j

GRB

and it'll be the easiest fiver you'll get;)

Mumolulu

I have just done one of these and I'm thinking of opening one for my hubby and a joint one too but I have one question, that it seems the terms and conds booklet can't answer.

It says in my acceptance letter about depositing £100 in the account and then my cards etc will arrive in the post. But, it then doesn't say if or when I can take it out again?? Can I just deposit it and withdraw on same day, or does the account always have to have £100 in it? I don't have a spare £100 at mo, so can't afford for it to be sat. Confused....

paulw98

Mumolulu wrote: »

I have just done one of these and I'm thinking of opening one for my hubby and a joint one too but I have one question, that it seems the terms and conds booklet can't answer.

It says in my acceptance letter about depositing £100 in the account and then my cards etc will arrive in the post. But, it then doesn't say if or when I can take it out again?? Can I just deposit it and withdraw on same day, or does the account always have to have £100 in it? I don't have a spare £100 at mo, so can't afford for it to be sat. Confused....

Pretty sure it must remain in the account for the first 24 hours if i reccolect correctly. then it can be removed

partlydave

paulw98 wrote: »

Pretty sure it must remain in the account for the first 24 hours if i reccolect correctly. then it can be removed

This is correct. Just leave it overnight, Bobs your Uncle.:beer:

cottager

I just leave £1 in there permanently. Not sure if you should draw it down to absolute 0??

Baldur

Mumolulu wrote: »

It says in my acceptance letter about depositing £100 in the account and then my cards etc will arrive in the post. But, it then doesn't say if or when I can take it out again?? Can I just deposit it and withdraw on same day, or does the account always have to have £100 in it? I don't have a spare £100 at mo, so can't afford for it to be sat. Confused....

As others have said, leaving the £100 overnight is enough - all the £100 does is trigger the Halifax systems that issue the Debit Card.

partlydave

cottager wrote: »

I just leave £1 in there permanently. Not sure if you should draw it down to absolute 0??

Mine is on zero all the time apart from a few minutes once a month

tenpin369

I simply pay in the £1000/ month (from another bank) which I would have normally paid into my savings A/c and transfer it as quickly as I can log into the website.
Result = 5 bucks to the good per month.
Thats £60 per annum - for doing nothing more than using the internet.

If only the rest of life was that easy!

DC:j

Mumolulu

Does this account and lack of money in it etc (apart from a day) have any influence on any other financial aspect? ie credit rating or anything?

It just seems too easy.....and now I think I might open 2 more joint and hubs....