📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Halifax switch requirements

Options
Hi everyone

The requirements for Halifax reward account is 750 pay in, 2 direct debits and be in credit.
Do I need to have 2 direct debits set up prior to a switch, or just need 2 direct debits to go out each month I want the 5 pound? The other 2 requirements I am fine with, I have set up a donor co op account, I am just wondering if I need to wait for my direct debits to go out of my co op account or if I can just switch now, miss the first month reward and then start getting it as my direct debits will be working?

I hope that was clear for you,

Thank you in advance!
Save 12k in 2016 : #54 : £715.16 / £5,500

Comments

  • Mysteek
    Mysteek Posts: 232 Forumite
    Part of the Furniture Debt-free and Proud!
    That was something I've been wondering too, whether it has to be 2 direct debits you already have set up in your previous bank account, or whether you can just set up 2 new direct debits in your Halifax account.
    MFIT #73 - Pay all mortgage off in 3 years[STRIKE] £46,400[/STRIKE]£34,295 PAID £12,105
  • lufc7
    lufc7 Posts: 173 Forumite
    You can switch without the DD's set up and get the switching reward, the DD requirements are only for the £5 monthly reward.
    Hope that helps
    'If you ain't living life on the edge you are taking up too much room'
    'Everyone dies but not everyone lives'
  • That is brilliant! Thank you very much!
    Save 12k in 2016 : #54 : £715.16 / £5,500
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.