Halifax Reward Current account

hermante

MoneySaverLog wrote: »

On the subject of FP, tomorrow is payday and I'm wondering if halifax now accepting FP into and out of the reward account? I know they were having problems earlier in the week following their system upgrades and payments were going via BACS instead for some reason.

Working for me now, I think I've noticed a speed increase too! Money arrived in Santander even before the Halifax payment page finished loading!

andy_allblack

MoneySaverLog wrote: »

FP from Lloyds TSB into Halifax.

Login to Halifax, money shows up straight away.
FP from Halifax to Lloyds
Log back into Lloyds - money is back

2nd of the month, log into Halifax, transfer my free £5 over to Lloyds TSB

Simple as.

I just leave a £1 in the reward account to keep it open, it pays no interest but love the free fiver!

I hope you don't think i'm being clever, but it's even better now, Halifax/ BOS to Ltsb goes as an internal transfer, just transfered from BOS to LTSB, instant. Job done, no more concerns regarding FP limits.

glider3560

# In the style of the Hokey Cokey #
You put your thousand pounds in
Your thousand pounds out
In, out, in, out
Shake it all about
You do the hokey cokey
And you turn around
That's what its all about!

Whoa, another free fiver!
Whoa, another free fiver!
Whoa, another free fiver!
Knees bent, arms stretch, rah rah rah!

heloid

andy_allblack wrote: »

I hope you don't think i'm being clever, but it's even better now, Halifax/ BOS to Ltsb goes as an internal transfer, just transfered from BOS to LTSB, instant. Job done, no more concerns regarding FP limits.

I think I'm correct in saying that Halifax now uses Lloyds FP system, so you can make SO payments via FP up to £25,000 as well now.

Set a SO to transfer £1000 in on the 2nd, set a SO to transfer £1005 out out the same day - no login required?

YorkshireBoy

heloid wrote: »

Set a SO to transfer £1000 in on the 2nd, set a SO to transfer £1005 out out the same day - no login required?

Weekend and Bank Holiday foolproof?

What if the fivers are paid on the 3rd of the month or later? (T&Cs say they can pay it anytime before the 10th of the month).

I think I'll stick with my manual transfers once I've seen the fivers credited.

heloid

Spose you could do mid month just as easily but you're right, still tricky. Shame this country doesn't do rent and a pay on a fortnightly basis like it is back home in NZ. Makes things a lot more predictable!

YorkshireBoy

heloid wrote: »

Spose you could do mid month just as easily...

We'd still have a potential problem when Easter came around.

Unless you've O/D facilities on the Reward accounts* it's better to stick to manual payments in my opinion.

* And even then, the £1 a day fees would eat into/wipe out the profits.

tuggy12

andy_allblack wrote: »

I hope you don't think i'm being clever, but it's even better now, Halifax/ BOS to Ltsb goes as an internal transfer, just transfered from BOS to LTSB, instant. Job done, no more concerns regarding FP limits.

How do you do that?

I have a LTSB account that I pay into from my Halifax Reward account as a payment.

How do I set it up as a transfer instead.?

10_66

tuggy12 wrote: »

How do you do that?

I have a LTSB account that I pay into from my Halifax Reward account as a payment.

How do I set it up as a transfer instead.?

I'd imagine you set the payment up as pay a person, but it goes as a transfer now rather than a payment. Haven't tried it yet.

older_wiser

can this also be done from a halifax savings account to the halifax current account or does it have to come from an outside account. I understand you can now do it using FP from LTSB to halifax but i've not seen anyone do it from within the two halifax accounts.