Halifax £125 switch reward?

zak2012

Hello,im already with halifax and have reward account and get £5 monthly reward,but do i get this £125 if i close one account from another bank and use it as switch to halifax? im confused how this works? i want make sure i get this otherwise i dont close other bank,anyone done this already?thanks

YorkshireBoy

From their website...

Use the 'Current Account Switch Service' to switch into a new or existing, Reward Current Account, Ultimate Reward Current Account (£15 monthly fee) or Halifax Current Account ("your account").

Use the ‘Current Account Switch Service’ to transfer all the active credits and debits from the bank account that you hold with another bank and close this account.

You are not eligible for the offer if you have previously received any other offer or benefits for switching to a Halifax bank account at any point since January 2012 or if you're a Bank of Scotland bank account customer switching to the Halifax.

2 questions for you...

1. Do you have an existing account with Halifax?

2. Have you been paid an incentive to switch to Halifax in the last 4 years?

And there's your answer.

zak2012

YorkshireBoy wrote: »

From their website...2 questions for you...

1. Do you have an existing account with Halifax?

2. Have you been paid an incentive to switch to Halifax in the last 4 years?

And there's your answer.

Yes i do have reward account with halifax and i get monthly £5 reward

No i never used switch service . so never got any switch reward i.e £125

zak2012

and i didnt use my other bank account for longtime,there is no money in it as well,do they look at the balance before they accept switch to reward £125??

YorkshireBoy

zak2012 wrote: »

and i didnt use my other bank account for longtime,there is no money in it as well,do they look at the balance before they accept switch to reward £125??

Short answer: no.

Whilst I wouldn't do it myself, other people on here have reported switching nothing...no payments, no DDs, no nothing, not even a penny in the account!

Surely you can find a few quid to dump in there first? That, and a few old bill payment payees, will look a lot more genuine if the switch is looked over by an employee rather than a computer.

zak2012

YorkshireBoy wrote: »

Short answer: no.

Whilst I wouldn't do it myself, other people on here have reported switching nothing...no payments, no DDs, no nothing, not even a penny in the account!

Surely you can find a few quid to dump in there first? That, and a few old bill payment payees, will look a lot more genuine if the switch is looked over by an employee rather than a computer.

thanks, i will pay £40 in tomorrow then i do switch?but i dont have any DD going out from that bank, all my DD s going out from halifax and wages going in halifax already.