MSE News: Halifax slashes 25% off its switching bonus - switch soon to bag £100

Bank switchers looking to take advantage of Halifax's £100 switching incentive will need to act fast...
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'Halifax slashes 25% off its switching bonus - switch soon to bag the £100 offer'
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Replies

  • WillPSWillPS Forumite
    2.2K Posts
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    That's a shame. Feels like these deals generally are on the way out.
  • B_G_BB_G_B Forumite
    502 Posts
    Does this mean that Fred won't be able to tune up his car any more?
  • JuicyJesusJuicyJesus Forumite
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    WillPS wrote: »
    That's a shame. Feels like these deals generally are on the way out.

    Current accounts, inasmuch as they were already not especially profitable, are much less profitable now that cross-selling doesn't really work as well and interest rates are incredibly low.

    That and it's expensive for Halifax as a marketing expense when they've realistically probably gained as many customers as they can through these incentives.
    urs sinserly,
    ~~joosy jeezus~~
  • Westie983Westie983 Forumite, Ambassador
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    B_G_B wrote: »
    Does this mean that Fred won't be able to tune up his car any more?

    Ah yes, he still can but it will have to buy cheaper trainers as he will only get £75, and not £100,

    I think he should speak to Scooby and get some cash back when buying his takeaway pizza after drinking at Bedrock Arms :-)
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected] All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £250.00/£5000 = 5.00%
    Sealed Pot Challenge ~16 #24 Total (£300.00) £25.00/£500 = 5.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £52.00/£365 = 14.24%
    Virtual Sealed Pot #1 Total (£500) £150.00/£500 = 30.00%
    £2 Savers Club 2023 #17 Total (£25.00) £4/£300 = 1.33%
    The 365 1p Challenge 2023 #7 Total £198.24/£365 = 54.31%
    Total £679.24/£7030 = 9.66%
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