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Switching from Halifax, will I have to return the £100?
SocMinarch
Posts: 8 Forumite
Hello
I switched to Halifax in September last year, and received the £100 bonus. I am planning to switch away to another bank, but I have been told that I will have to pay back the £100 if I switch away within a year. I cannot find anything in the T&C's indicating this, so can someone confirm whether this is true?
I switched to Halifax in September last year, and received the £100 bonus. I am planning to switch away to another bank, but I have been told that I will have to pay back the £100 if I switch away within a year. I cannot find anything in the T&C's indicating this, so can someone confirm whether this is true?
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Comments
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Told by who?0
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definately 100% no you won't0
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My branch told me that I'd have to wait until 18 months from the account opening until I could keep the £100, but Halifax phone support told me that there was no such waiting requirement0
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Well, this just proves once again that one can never rely on anything the CS say and has always rely on the T&C instead.
If the T&C say nothing about paying the bonus back, then they can't take it back. What's the point in asking here for a confirmation?0 -
No such requirements, you can switch back out as soon as you get the £100 im sure this happens all of the time...
Follow the T&C's and you will be fine.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 forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%£2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%Total £4095.19/£7332.95 = 55.84%0
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