MSE News: Halifax ditches £5 monthly reward for Clarity customers

in Credit Cards
55 replies 9.4K views
Legacy_userLegacy_user Forumite
0 Posts
MoneySaving Newbie
More than 150,000 Halifax Clarity customers will no longer be able to pocket £5/month for using their credit card...
Read the full story:
'Halifax ditches £5 monthly reward for Clarity customers – but new online applicants can still get it... for now'
OfficialStamp.gif
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«13456

Replies

  • ScoobyZScoobyZ Forumite
    448 Posts
    Part of the Furniture 100 Posts Photogenic
    ✭✭
    This is always quoted wrong:

    Who qualifies for the £5/month Clarity card reward?

    You must...

    Hold a Halifax current account and pay in £1,000 or more each month; or use Halifax's switching service to move your current account to a Halifax current account and agree to pay in £1,000 or more each month; or open or hold a Halifax Ultimate Reward Current Account (no minimum pay-in required)
    Spend at least £300 on the Clarity credit card each month



    Halifax reward is £750 a month:

    https://www.halifax.co.uk/bankaccounts/rates-rewards-fees/Default.asp
  • ceredigionceredigion Forumite
    3.7K Posts
    Eighth Anniversary 1,000 Posts Photogenic
    ✭✭✭✭
    ScoobyZ wrote: »
    This is always quoted wrong:

    Who qualifies for the £5/month Clarity card reward?

    You must...

    Hold a Halifax current account and pay in £1,000 or more each month; or use Halifax's switching service to move your current account to a Halifax current account and agree to pay in £1,000 or more each month; or open or hold a Halifax Ultimate Reward Current Account (no minimum pay-in required)
    Spend at least £300 on the Clarity credit card each month



    Halifax reward is £750 a month:

    https://www.halifax.co.uk/bankaccounts/rates-rewards-fees/Default.asp
    No it is always quoted correctly, It is people's level of comprehension that is lacking .
  • ScoobyZScoobyZ Forumite
    448 Posts
    Part of the Furniture 100 Posts Photogenic
    ✭✭
    ceredigion wrote: »
    No it is always quoted correctly, It is people's level of comprehension that is lacking .

    Must be me, thinking about the reward on the current account.
  • michaelsmichaels Forumite
    26.2K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    ✭✭✭✭✭
    Lets hope the current account reward doesn't go the same way - DW and I would miss £420 pa :(
    I think....
  • saver861saver861 Forumite
    1.4K Posts
    ✭✭✭
    michaels wrote: »
    Lets hope the current account reward doesn't go the same way - DW and I would miss £420 pa :(

    Not sure how you are getting £420 a year of out it? One each and a joint can net you up to £225 - so I'm guessing you must have additional accounts or am I missing something?
  • johnmoney05johnmoney05 Forumite
    1.5K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭
    saver861 wrote: »
    Not sure how you are getting £420 a year of out it? One each and a joint can net you up to £225 - so I'm guessing you must have additional accounts or am I missing something?

    3 each and 1 joint. Got it?
  • sue.b_2sue.b_2 Forumite
    104 Posts
    Part of the Furniture 10 Posts Combo Breaker
    I have made a note to stop using my Clarity card at the end of September. I will use another card that pays cashback. It is not as good as the Clarity £5 but better than nothing.
    Halifax is penalising its most loyal customers first which seems a bit odd. I am looking at closing my Halifax current account too.
  • .1xp.1xp Forumite
    170 Posts
    I don't really see them penalising anyone, they have had to make a business decision which is viable to them.

    I think it's a sign of the future.

    All rewards and perks cost money to companies and if they are not cost efficient anymore, they will discontinue.

    With all the different claims and complaints etc. that have been around over the years, they appear to be good for us, the consumer at the time. However, they do have an impact for the future on all products I feel.

    Eventually, all companies will make changes to recoup their losses.
  • KTFKTF Forumite
    4.8K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    I have always used this card for the no loading overseas transactions. If I tripped the £5 then that was a bonus.
  • aptapt Forumite
    3.2K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    Removing the £5 bonus for longstanding customers first is a slap in the face. I'll keep the card, but will not spend on it unless there's a cashback offer or saving on foreign exchange fees that I can't get elsewhere. Will probably open a Nationwide select card which offers cashback, 12 months 0%, and fee free foreign purchases, although not ATM withdrawals.
This discussion has been closed.
Latest MSE News and Guides