Halifax Reward account - £1000 in lump sum?

Does anyone know if the Halifax Reward current account can be funded with 2 lots of £500, instead of 1 lot of £1000 per calendar month, to get the £5?

Could I transfer £500 in, back out, and then in again a few days later and get the fiver?

Comments

  • blueberrypie
    blueberrypie Posts: 2,397 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Yes, that would be fine.
  • imran_
    imran_ Posts: 23 Forumite
    will second that. have been doing the same myself, for the past few months since i switched to the reward account. no trouble with it so far, hopefully none to come in future!
  • You can transfer the money in and then immediately out again - it will still count.
    I do this on 3 accounts for me and three in my husband's name.
    I just bounce the £1000 around the 6 accounts in a couple of minutes and then get the £30 credit the following month.
    5 of the accounts only have a balance of £1 for the whole month and then I transfer the £1000 in and out of eachaccount on the same day.
    I've been doing this since the Reward Account was first introduced - you are allowed up to 3 accounts in one name.
  • jen245
    jen245 Posts: 1,606 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Not any more. Youre only allowed one in your name and one in joint names now.
    Debt free and staying that way! :beer:
  • Lulee36
    Lulee36 Posts: 197 Forumite
    i just converted a normal current account to rewards i plan to do 2 x £500.

    I wish lloyds would do a rewards account with them all being linked
  • Thanks guys. Usually I can do the £1000 in one go, but this month is a little tight. Bah humbug etc. :rotfl:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.