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Halifax Reward Acc Switching query
Dr_Wu
Posts: 161 Forumite
Hi
My wife recently switch her current account from First Direct to a Halifax reward account. We've set up a couple of direct debits and have already received the £100 switching bonus.
For various reasons it now looks like a second joint Santander 123 account would better meet our needs.
My question is: does anyone know if there is any penalty for closing the Halifax Reward Account only 2 months after getting the £100 bonus?
Thanks in advance
My wife recently switch her current account from First Direct to a Halifax reward account. We've set up a couple of direct debits and have already received the £100 switching bonus.
For various reasons it now looks like a second joint Santander 123 account would better meet our needs.
My question is: does anyone know if there is any penalty for closing the Halifax Reward Account only 2 months after getting the £100 bonus?
Thanks in advance
0
Comments
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What did your wife's switch T&Cs say?0
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Does Santander pay any bonus for switching? If not, why not just open a second 123 and keep Halifax for a monthly fiver?0
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no penalty.0
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I recently switched from NatWest (had to open an account to pay my loan with them off) to the Halifax for the £100 incentive.
I closed the account earlier on in the month (switched to Yorkshire Bank for the £150 incentive) and haven't been penalised.It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.0
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