Halifax launches Premium Bonds rival.

Sideways

Apologies if this has already been posted..

http://www.telegraph.co.uk/finance/personalfinance/savings/8778715/Halifax-launches-Premium-Bonds-rival.html

Every month the bank will award cash prizes of up to £100,000 to randomly selected savers. To qualify, customers must be aged over 18 and have at least £5,000 in savings with Halifax or Bank of Scotland, although this sum does not all have to be in the same account.

Interesting. My wife and I both have £5k in ISA's with them, we will be registering for this. As the existing interest rate is unaffected it appears to make sense, nothing to lose?

opinions4u

Link to registration page.

http://www.halifax.co.uk/savings/savers-prize-draw/?!!!!!hpc_p9_pr_hea_r2

newDude

Does this work if you've got a cash ISA (over £5K)?

laughingboy

worth a try surely

GreyPilgrim

newDude wrote: »

Does this work if you've got a cash ISA (over £5K)?

Well I can't see anything in the t&c's that say otherwise, but the registration form asks for a sort code and account number.

Myself, my wife and my daughter all have just over £5k each in a cash ISA with Halifax but no other type of account...all we seem to have been issued with is a roll number.

I'll give them a bell tomorrow and find out....
GP

newDude

GreyPilgrim wrote: »

I'll give them a bell tomorrow and find out....
GP

Let us know what they say.
Cheers

laughingboy

my cash ISA with them has an account number and sort code (i also have a current account)

GreyPilgrim

GreyPilgrim wrote: »

Well I can't see anything in the t&c's that say otherwise, but the registration form asks for a sort code and account number.

Myself, my wife and my daughter all have just over £5k each in a cash ISA with Halifax but no other type of account...all we seem to have been issued with is a roll number.

I'll give them a bell tomorrow and find out....
GP

Yeah, it's fine. Called up and they gave me the account number and sort code over the phone.

Best of luck to everyone who registers!

Whoop Whoop!

jen245

I've registered, nothing to lose

ChuckCash

Nice idea this. Hopefully other banks introduce something similar, the taxman too

Tom_Pickering

In it to win it :j