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Got a Halifax Ultimate Reward Account? Here Comes the Money!

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If you've got an URCA with the Halifax, congratulations! They failed to notify people when the fee went from £12.50 to £15 about 2 years ago, so they're refunding the £2.50 difference for the last 21 months.

Don't know if it applies to everyone, or if only certain people weren't notified, but we shall see...

Spoke to a rep, they say they're doing it in batches, and the payments will be made automatically about 60 days after the letters come out :)

Comments

  • Macca83_2
    Macca83_2 Posts: 1,215 Forumite
    Only certain people weren't notified, these are the ones being notified now.
  • [Deleted User]
    [Deleted User] Posts: 2,175 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Ah... so only free money for some people then.
  • dr_adidas01
    dr_adidas01 Posts: 2,157 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Ah... so only free money for some people then.

    Yes as its only being paid to those people that were not told about the fee increase.
    Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:
  • Retro_Bunny
    Retro_Bunny Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Ah... so only free money for some people then.
    And not free money, as you'd already paid it.

    Free money is they give you £2.50 for nothing.

    As it is you've paid them £2.50, they 'made' the interest and you've been hit by inflation over 21 months, so in fact you've lost a few pence and they've profited by the time you get free money of £2.50 back again...

    Bankers! :D
    --- Warning: Grumpy Old Man in Training ---
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    I remember them writting to us
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
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