re-Halifax Reward A/c

Westie983

Working for halifax I deal with these question each and everyday, if you have had a payment the next month it must have been because of a non working day or a BH, I wouldn't suggest this to customers as it clearly says in T&C's that DD must be paid out each calendar month.

I have been caught out with this when my CC was paid the next day and I missed out on the £5 so I have set up Tescos to add to my TV licence payment so this doesn't happen again. That said if it has worked for you in the past it must have been a admin error but that said its not something that you can rely on and by moving the DD from the end of the month will make sure you are guaranteed the payment.

joe134

Westie983 wrote: »

DD needs to be paid out in each calendar month so DD due out on 31st August will come out in September and will be used for the October reward payment...

If its paid out in September and you have not paid out DD for august then you will not get the £5 payment on 2nd September.

I looked today at my San123 A/c,and notice I have a DD that also pays on the 31st,for ages, sometimes they pay it early, sometimes later, and as I have the max £20k in, would this affect my interest?
It's always been paid to my knowledge
.Should I should also bring this forward.??

masonic

joe134 wrote: »

I looked today at my San123 A/c,and notice I have a DD that also pays on the 31st,for ages, sometimes they pay it early, sometimes later, and as I have the max £20k in, would this affect my interest?
It's always been paid to my knowledge
.Should I should also bring this forward.??

Santander does not require DDs to pay out every month in order to get interest.

Westie983

I would bring it forward as I would think they would pay out the next working day after the BH, I do know some institutions pay money in early over BH but I think DD will go out the next day.

Looking at Santanders T&C's you just need to have the DD paid out to get the cash back from them and are not attached to the interest payment, (thats is the regular credit of £500 each month) so your DD for 31st August wont have an impact on interest payment.

MABLE

I have not received my £5 reward today and have spoken to HX and they advise other customers are still awaiting payment. The advisor thinks it should be credited tomorrow/.

anna42hmr

MABLE wrote: »

I have not received my £5 reward today and have spoken to HX and they advise other customers are still awaiting payment. The advisor thinks it should be credited tomorrow/.

That is correct,its paid the 2nd working day of the month backdated to the first working day, as today is the first working day it will show tomorrow (or overnight) and be back dated to today.

joe134

Westie983 wrote: »

I would bring it forward as I would think they would pay out the next working day after the BH, I do know some institutions pay money in early over BH but I think DD will go out the next day.

Looking at Santanders T&C's you just need to have the DD paid out to get the cash back from them and are not attached to the interest payment, (thats is the regular credit of £500 each month) so your DD for 31st August wont have an impact on interest payment.

Will do, in fact, I'm goint to try and bring all my DD's to the 20th, so I know where I am.Quite a few with Tesco et.al
just looked today , out of curiosity, no £5, so, as you all say, Manana':)
Got £200 for switch, Hedge Trimmer packed up yesterday, £200 to fix it, in/out.:D Don't you just love it;:beer:

Dobbibill

Have a look tomorrow morning Joe123 and hopefully you can do a little :dance:

joe134

Dobbibill wrote: »

Have a look tomorrow morning Joe123 and hopefully you can do a little :dance:

Need another switch to pay for Hedge trimmer.:rotfl::beer:

Westie983

Reward payments are paid on the 2nd working day of each month, so you will see it in the account around midnight tonight, it will be backdated to the 1st.

although its the 3rd of August it only the first working day of the month.

You wil see the payment by tomorrow....