Halifax reward £1000 requirement for £5 reward

skybluesaver

Hi folks. Can you tell me how long the £1000 has to be in the Halifax reward account to qualify for the £5 reward. Can i transfer it in & straight back out again or do i have to leave it in for a few days to qualify?

blueberrypie

About 10 seconds.

Lots of people transfer it in and straight back out again.

skybluesaver

Ok, great stuff, thats not bad then. I left it in overnight so i'll transfer back now.

Sharon87

Thanks for reminding me I need to put another £300 in and out of my Reward account for this month. I rarely have £1000 at any one time!

realaledrinker

No doubt all this faffing about for a fiver each month (me too x 2) is inflating GDP, RPI, CPI, etc etc!

Olipro

no, it's costing Halifax a fiver.

if your concern is inflation, don't spend it.

Desperate_Housewife_2-2

I love getting my free fiver every month! Log in, transfer 1005 back into my current account, job done! Set up a dd for £1k to go in every month, its like taking candy from a baby!

noh

Olipro wrote: »

no, it's costing Halifax a fiver.

if your concern is inflation, don't spend it.

£6.25 to be precise. They are paying £1.25 tax on your behalf.

skybluesaver

LOL I'm just hoping the offer doesn't end anytime soon.

Mikeyorks

I actually use it as a current account. Should I get more!

PNPSUKNET

I dont think they are bad, once you get past setup kinda annoyed they dont keep you informed. But what bank pays £5 per account just to do nothing that you would do with anyother bank.