I have three Halifax Reward accounts but can no longer afford to pay in £1000 a month

savingsuperstar

Just did a search and as you say apt transferring in and out instantly still counts as a credit! Yippee! That £15 a month will go a long way at the moment.

apt

There's also good news for you on the faster payments front. Nationwide are now enabled, but you cannot send out more than £250 at one time. See http://forums.moneysavingexpert.com/showthread.html?t=2344179&highlight=nationwide+faster+payments

savingsuperstar

Yay! Wow today has definitely brightened and it's only 12.15! Thank you!

sharloid

I don't pay over £1000 into mine and I got told that it's fine and if I ever do then i'll get the money! I have two joint reward accounts... but I got told you can only have one and so if I ever pay in £1000 into both of them i'll only get one lot of the reward!

trynsave

sharloid wrote: »

I don't pay over £1000 into mine and I got told that it's fine and if I ever do then i'll get the money! I have two joint reward accounts... but I got told you can only have one and so if I ever pay in £1000 into both of them i'll only get one lot of the reward!

That's rubbish!

I have 3 joint reward accounts and get £5 reward for each of them every month.

D1zzy

savingsuperstar wrote: »

Ooh. Now that is an option. My rent doesn't go out until the end of the month so that's £500 which I could cycle about the three. Since even a transfer from another Halifax reward account counts as a credit I'm sure it would only take a week or so.

Thanks!

You can do it in 1 login session
£500 into A>B>C>A>B>C> out

savingsuperstar

Just did the in and out and in and out game with my three accounts and Nationwide using £250 and then had the happy surprise of remembering that it's not April yet so I'll shortly be receiving £15 for ten minutes of transfers! Faster payments is aymayzing. Thank you to everyone for your help!

jfke

Recently opened my two accounts, minor id faff but got there in the end. I bank with Santander who hate faster payments so my main haul of cash is too far away. I did credit each account with £100 for the debit card release though so upon reading this I spent a few minutes this morning shuffling this about. My statements on both accounts read that deposits have totalled in excess of £1000 so in theory I should net the two fivers.

My joint account is hovering somewhere in the Halifax ether otherwise I would've had an extra one. Next month I'll hopefully be banking with First Direct so I can faster payment out £1000 , cycled and back within four hours!

partlydave

jfke wrote: »

Recently opened my two accounts, minor id faff but got there in the end. I bank with Santander who hate faster payments so my main haul of cash is too far away. I did credit each account with £100 for the debit card release though so upon reading this I spent a few minutes this morning shuffling this about. My statements on both accounts read that deposits have totalled in excess of £1000 so in theory I should net the two fivers.

My joint account is hovering somewhere in the Halifax ether otherwise I would've had an extra one. Next month I'll hopefully be banking with First Direct so I can faster payment out £1000 , cycled and back within four hours!

Ker-ching. Its quite pleasant getting a tenner for next to nowt effort:D

Olipro

apt wrote: »

There's also good news for you on the faster payments front. Nationwide are now enabled, but you cannot send out more than £250 at one time. See http://forums.moneysavingexpert.com/showthread.html?t=2344179&highlight=nationwide+faster+payments

as of today it's now a straight £1000