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Is the B.O.S £5 Account the same as the Halifax?

Hello, my gf and i currently have a Halifax reward account that we fund with £1000 per monthy, yesterday i noticed that Bank Of Scotland do the same account, is this the same account please? ie- would holders of the Halifax account be able to apply for the bos one?
Not yet a total moneysaving expert...but im trying!!
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Comments

  • apt
    apt Posts: 3,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No you cannot break the limit on the number of reward current accounts by applying for Bank of Scotland as well.
  • buel
    buel Posts: 674 Forumite
    sorry for my stupidity, you mean they are the same 'people', so to speak?
    Not yet a total moneysaving expert...but im trying!!
  • Mols
    Mols Posts: 74 Forumite
    You CAN hold both Bank of Scotland and Halifax Reward Accounts. We have six!

    My fiance and I both hold a personal Bank of Scotland and Halifax Reward Account each, then we also hold Joint Accounts with both BOS and Halifax.

    The required £1000.00 moves through the six accounts each month and we get £30.00 of rewards each month.

    All the accounts were opened online.
  • buel
    buel Posts: 674 Forumite
    you are my hero!! ;o)
    Please may i ask how long the bos account has been running?
    Not yet a total moneysaving expert...but im trying!!
  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    buel wrote: »
    sorry for my stupidity, you mean they are the same 'people', so to speak?
    Yes, they are one legal entity but just different trading nameL
    Bank of Scotland plc trading as Bank of Scotland
    Bank of Scotland plc trading as Halifax
    Mols wrote: »
    You CAN hold both Bank of Scotland and Halifax Reward Accounts. We have six!

    My fiance and I both hold a personal Bank of Scotland and Halifax Reward Account each, then we also hold Joint Accounts with both BOS and Halifax.

    The required £1000.00 moves through the six accounts each month and we get £30.00 of rewards each month.

    All the accounts were opened online.
    This was previously the case, but now you are only allowed one sole and one joint account, regardless of whether they are BoS or Halifax branded. I think there is something in the T&Cs about this restriction.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    glider3560 wrote: »
    This was previously the case...
    Until Oct/Nov last year I believe.

    Indeed, I have 4 sole Halifax Reward accounts.

    I did have 3 BoS Reward accounts as well...very briefly because, although I'd been given the sort code and account numbers, they closed them down before I'd chance to fund them!
  • buel
    buel Posts: 674 Forumite
    Doh!! What a shame. :o(
    Not yet a total moneysaving expert...but im trying!!
  • Mols
    Mols Posts: 74 Forumite
    I opened the BOS accounts six weeks ago and they are all still running!
  • buel
    buel Posts: 674 Forumite
    interesting??
    Not yet a total moneysaving expert...but im trying!!
  • buel
    buel Posts: 674 Forumite
    So have we decided whether it is possible or not then please?
    Not yet a total moneysaving expert...but im trying!!
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