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Halifax "Investment" accounts

Solomon_Broad
Solomon_Broad Posts: 407 Forumite
in Budgeting & bank accounts
Which Halifax accounts qualify as investment accounts? Does the Reward Current account qualify? I'm guessing not, but I figured I'd check.

Comments

  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Click the word "Investments" on the Halifax website. Anything in there is an investment.

    A Reward current account is a current account, not an investment.
  • ironlady2022
    ironlady2022 Posts: 1,574 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The reward account is a current account. An investment account is classed as savings.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    mayling03 wrote: »
    The reward account is a current account. An investment account is classed as savings.
    Not quite the case.

    An investment is typically something sold via a financial adviser, or bought direct, such as a stocks and shares ISA.

    A savings account is basically a cash deposit which would be covered by the FSCS Deposit Protection scheme.

    The Reward Current Account is ... a current account (also covered by the FSCS Deposit Protection scheme).
  • TREVORCOLMAN
    TREVORCOLMAN Posts: 1,001 Forumite
    Are you asking this in regard to them stopping access on line?
    I am NOT a mortgage & insurance adviser - or anything to do with finance, that was put on by the new system I dont know why?!
This discussion has been closed.
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