Halifax C/A switching bonus - £200

veryintrigued

Anyone else been offered this by phone from a local branch?

Employee suggested its been offered to Halifax customers who have above x amount but no C/A.

Tempting as it is I have quite a number of C/As but all are there for a reason as they are either cracking interest rates or enable me to have other regular savings accounts or savings accounts with the same institutions.

Hence (and especially as I wouldnt want them closing - i.e. would want a 'particial switch). I think this offer is one that I cant take at the moment.

apt

There would be nothing to stop you reapplying for an interest paying current account once you have trousered the £200 by transferring to the Halifax. In the case of the Nationwide flexdirect it would have the additional advantage of restarting the 12 month period for which you receive 5% interest.

YorkshireBoy

veryintrigued wrote: »

Tempting as it is I have quite a number of C/As but all are there for a reason as they are either cracking interest rates or enable me to have other regular savings accounts or savings accounts with the same institutions.

One should always keep a dormant account or three available for such offers (and set up the requisite SOs/DDs as/when/if required).

Indeed, one of mine came in useful for the Halifax £100 incentive just last week.

Still have two left if anyone else launches a decent switching incentive.

System

With more people opening BOS Vantage accounts for savings:
thought it might be worth pointing out:

If you have a BOS current account, they exclude you from many Halifax new customer offers - check the small print.

Might be better to consider TSB