Has Halifax changed their order of payments?

ElkyElky

I got an email from HBOS offering me 9 months balance transfer at 0% today and thought I will take them up on their offer.

I already have a small-ish balance on my HBOS credit card but can't recall if they've changed their order of payments yet. Anyone know?

If they have, then obviously it'll go in my favour and I can go do that BT.

CannyJock

Not yet - January before they change it.

McKneff

Dont respond to an email though, contact them yourself.

I had 2 emails from Halifax yesterday saying that my internet banking has been suspended becuase I had given wrong log in information and asking me to confirm my details.

I ignored it and deleted it. Last night i logged in no problem. So it may be a scam

ElkyElky

CannyJock wrote: »

Not yet - January before they change it.

Oh that's alright, I'll still save some cash.

McKneff wrote: »

Dont respond to an email though, contact them yourself.

I had 2 emails from Halifax yesterday saying that my internet banking has been suspended becuase I had given wrong log in information and asking me to confirm my details.

I ignored it and deleted it. Last night i logged in no problem. So it may be a scam

They've quoted the last four digits of my card and have also given me a code which states it must be quoted over the phone or entered on the online banking website so I'm sure it's genuine.

luci

Got a letter today to say that the Halifax will be changing the order of payments to pay off the transactions with the highest rate first from 20 November.

danothy

luci wrote: »

Got a letter today to say that the Halifax will be changing the order of payments to pay off the transactions with the highest rate first from 20 November.

I also received this letter today.

adindas

[FONT=&quot]Here is the exact wording from the letter that I received to day
[/FONT]
[FONT=&quot]The Following Change are effective from 20th November 2010
[/FONT]
[FONT=&quot]Paying off transaction with the highest interest rate[/FONT]
[FONT=&quot]We[FONT=&quot]'[/FONT][FONT=&quot]re [/FONT][FONT=&quot]changing [/FONT][FONT=&quot]the [/FONT][FONT=&quot]order [/FONT][FONT=&quot]in [/FONT][FONT=&quot]which any payments [/FONT][FONT=&quot]you [/FONT][FONT=&quot]make payoff [/FONT][FONT=&quot]the [/FONT][FONT=&quot]transactions on [/FONT][FONT=&quot]your [/FONT][FONT=&quot]account[/FONT][FONT=&quot].[/FONT][/FONT]
[FONT=&quot]– [FONT=&quot]Instead [/FONT][FONT=&quot]of paying off [/FONT][FONT=&quot]transaction [/FONT][FONT=&quot]you[/FONT][FONT=&quot]r [/FONT][FONT=&quot]statements start[/FONT][FONT=&quot]i[/FONT][FONT=&quot]n[/FONT][FONT=&quot]g [/FONT][FONT=&quot]with [/FONT][FONT=&quot]the lowe[/FONT][FONT=&quot]st [/FONT][FONT=&quot]rate first[/FONT][FONT=&quot], [/FONT][FONT=&quot]any payments [/FONT][FONT=&quot]you [/FONT][FONT=&quot]make [/FONT][FONT=&quot]will [/FONT][FONT=&quot]go [/FONT][FONT=&quot]towards [/FONT][FONT=&quot]transa[/FONT][FONT=&quot]ctions with [/FONT][FONT=&quot]the highest interest rate first, [/FONT][FONT=&quot]continuing [/FONT][FONT=&quot]down [/FONT][FONT=&quot]to the [/FONT][FONT=&quot]lowest rate[/FONT][FONT=&quot].[/FONT][/FONT]
[FONT=&quot]– [FONT=&quot]If the payment [/FONT][FONT=&quot]is [/FONT][FONT=&quot]n[/FONT][FONT=&quot]ot [/FONT][FONT=&quot]enough to [/FONT][FONT=&quot]payoff all [/FONT][FONT=&quot]transactions at a [/FONT][FONT=&quot]partic[/FONT][FONT=&quot]ula[/FONT][FONT=&quot]r [/FONT][FONT=&quot]i[/FONT][FONT=&quot]nterest rate, we[/FONT][FONT=&quot]'[/FONT][FONT=&quot]ll [/FONT][FONT=&quot]p[/FONT][FONT=&quot]ay [/FONT][FONT=&quot]off transactions [/FONT][FONT=&quot]i[/FONT][FONT=&quot]n this [/FONT][FONT=&quot]order[/FONT][FONT=&quot]: [/FONT][FONT=&quot]cash [/FONT][FONT=&quot]advances, cheques[/FONT][FONT=&quot], [/FONT][FONT=&quot]purchases[/FONT][FONT=&quot], [/FONT][FONT=&quot]balance transfers[/FONT][FONT=&quot], [/FONT][FONT=&quot]default sums[/FONT][FONT=&quot].[/FONT][/FONT]
[FONT=&quot]– [FONT=&quot]If [/FONT][FONT=&quot]you [/FONT][FONT=&quot]pay more than the [/FONT][FONT=&quot]tot[/FONT][FONT=&quot]al [/FONT][FONT=&quot]balance [/FONT][FONT=&quot]shown [/FONT][FONT=&quot]on [/FONT][FONT=&quot]your statement we[/FONT][FONT=&quot]'[/FONT][FONT=&quot]ll use any remain[/FONT][FONT=&quot]i[/FONT][FONT=&quot]ng& [/FONT][FONT=&quot]payments to [/FONT][FONT=&quot]payoff [/FONT][FONT=&quot]transaction[/FONT][FONT=&quot] which haven't yet shown [/FONT][FONT=&quot]on [/FONT][FONT=&quot]your statement [/FONT][FONT=&quot]in [/FONT][FONT=&quot]this same [/FONT][FONT=&quot]order[/FONT][FONT=&quot].[/FONT][/FONT]

[FONT=&quot]This will be stated in condition 1.1 of your new conditions and will replace condition 3.6 in your existing conditions.[/FONT]


[FONT=&quot]ADINDAS
[/FONT]

danothy

CannyJock wrote: »

Not yet - January before they change it.

Am I right in thinking that this the deadline to change it?

I'm a bit surprised to be honest if it is and the banks are stepping up the date themselves.

michaelvintner

McKneff wrote: »

Dont respond to an email though, contact them yourself.

I had 2 emails from Halifax yesterday saying that my internet banking has been suspended becuase I had given wrong log in information and asking me to confirm my details.

I ignored it and deleted it. Last night i logged in no problem. So it may be a scam

I get them all the time. Total Scam, thinks like "your HSBC account has been suspended"

Quite frankly I would hope so I don't have a HSBC account. These scammers must think everyone is stupid. Send anything like this to your spam box.

Herewego

Does anyone know if this applies to all banks I have had confirmation from Lloyds but am tempted by an HSBC 0% offer but I have a balance and would only benefit if it does.
Thanks

danothy

Herewego wrote: »

Does anyone know if this applies to all banks I have had confirmation from Lloyds but am tempted by an HSBC 0% offer but I have a balance and would only benefit if it does.
Thanks

I believe that the deadline to change by January applies to all banks, but the letter referring to the 20th of November specifically applies to Halifax cards, and maybe only to those who have received the letters.