Halifax Clarity - Do you need to pay into Halifax Reward Account?

missing_string

Hi there,

I have a Halifax Reward Account and Halifax Clarity Credit Card. The Halifax Clarity pays £5 a month, if I spend £300 a month on it. However, you need a Halifax Reward Account to get the card, which I have, but I was intending to move my current account to First Direct.

Do you have to pay in to the Halifax Reward Account to make sure you're still getting the £5 bonus on the Clarity? I'm intending to leave my Reward Account open, so I can still have my Clarity, just not use it is all.

YorkshireBoy

Answered in your T&Cs. See conditions 11.1 & 11.2

But even if you did need to keep cycling £1K per month, it'll only take a matter of seconds once a month to action FPs there and back.

hillcats

Where does it state you need the Halifax reward account to get the card?
Doesn't appear mandatory to have the card if I understand correctly just that the reward is not payable without holding a current account ?
http://www.halifax.co.uk/creditcards/low-rate-no-fee/clarity-card/terms/

Scrounger

YorkshireBoy wrote: »

... even if you did need to keep cycling £1K per month, it'll only take a matter of seconds once a month to action FPs there and back.

... and if you also had a couple of active monthly direct debits on your Reward account then that would earn you another £5 a month. :beer:
Scrounger

ericonabike

No Halifax account needed to have the Clarity card. I've had one for a couple of years, just using it abroad.

missing_string

Yes, sorry, my mistake on needing the account to get the Clarity Card.

It was more about asking if I would still get the £5 bonus each month on the Clarity if I didn't pay anything into my Reward Account.

YorkshireBoy

missing_string wrote: »

It was more about asking if I would still get the £5 bonus each month on the Clarity if I didn't pay anything into my Reward Account.

Are you happy you've got your answer now then? And did Halifax confirm it when you checked with them?

On the Reward account itself, if you don't have 2 DDs set up by May 1st they may downgrade the account to a standard 'current account' anyway (with 60 days notice) according to http://www.halifax.co.uk/bankaccounts/pdf/130501-bank-account-changes.pdf.

missing_string

Yes, I got the answer, thank you YorkshireBoy, read the T&Cs as you suggested.

Bottom line for others who stumble across this post:

You need to pay in £1000 a month to the reward current account to get the £5 a month on the Clarity when you spend £300 a month on it.