Halifax £100 switch

dickyseville

Hi all,
In the last year I've switched to Santander then to First Direct to take advantage of their £100 switching bonus. I'm still with First Direct and I'm very happy with their service. However, I'd like to take advantage of the new Halifax £100 bonus. From what I can see I need to transfer £1000 per month plus my direct debits. To be honest when I have the £100 from them I want to just switch my wage payments back to First Direct, so I don't really want to transfer too many direct debits etc because it'll be a pain to switch them back. If I pay in my salary and then just a couple of small direct debits would I still be eligible for the £100 bonus?

Any advice to do the minimum for the £100 would be greatly appreciated.

Thanks,
Richard.

Skinto_7

Dicky,

Not sure of Halifax T&C's, suppose these would be the place to start, however if its just pay in a £1000 a month, and makes no specific reference to salary you could just set up a standing order from your first direct to halifax for £1000, switch the mininum amount of DD's and set a standing order up with your halifax account for the £1000 less DD's back into your First Direct account.

If you do switch your salary from FD to Halifax just be careful, im sure their is a £10 a month charge if you dont maintain the £1500 income into the account.

mr_parsnip_features

Doh. Just opened Halifax accounts to get the monthly £5. Could have waited a month to get the £100!

Skinto_7

Just read the T&C's, you will have to switch all your DD's, SO's and regular credits to qualify for the £100.

On the brightside if you do it, FD will give you £!00 for leaving them (aswell as Halifax giving you £100), although the service might not be as good at Halifax.

u704446

mr_parsnip_features wrote: »

Doh. Just opened Halifax accounts to get the monthly £5. Could have waited a month to get the £100!

And I already have a current account with them. hmmmmm I wonder what we could do ...

YorkshireBoy

Skinto_7 wrote: »

If you do switch your salary from FD to Halifax just be careful, im sure their is a £10 a month charge if you dont maintain the £1500 income into the account.

The £10 per month banking fee is easily avoidable...and the easiest way is to hold an Everyday e-Saver account with them.

On the brightside if you do it, FD will give you £!00 for leaving them

Perhaps more accurate to say may?...for two reasons:

1. There has to be a valid customer service issue, prompting you to want to leave, and

2. We don't know that OP has complied with the 'leaving present' T&Cs, most notably 6 months have elapsed since joining and they have paid in their salary/income of at least £1,500 per month for the last 6 months.

fort

Why are you concerned about the DD? From my understanding everything is switched automatically without your intervention.

Again when you switch back to First Direct in the future.

pqrdef

fort wrote: »

Why are you concerned about the DD? From my understanding everything is switched automatically without your intervention.

:rotfl::rotfl::rotfl: