Halifax Reward Account changing to £3 charge with “lifestyle rewards”

Ghostcrawler

mummyof5 said:

After reading all this I decided to open a reward account. 
I have been stopped by the fraud team on my first transfer out of the account !

Yeah because it was first transfer of more than or equivalent to £500 which seems above threshold for Fraud team to pick it up.

[Deleted User]

Ghostcrawler said:

mummyof5 said:

After reading all this I decided to open a reward account. 
I have been stopped by the fraud team on my first transfer out of the account !

Yeah because it was first transfer of more than or equivalent to £500 which seems above threshold for Fraud team to pick it up.

Ah I didn't know that . Thanks .They sorted it all pretty quickly .

polymaff

veryintrigued said:

Looking at this thread you wonder how many questions Halifax have had/will have on this account.

Probably still a drop in the ocean when compared with HMRC and Marriage Allowance Transfer. ... 

veryintrigued

polymaff said:

veryintrigued said:

Looking at this thread you wonder how many questions Halifax have had/will have on this account.

Probably still a drop in the ocean when compared with HMRC and Marriage Allowance Transfer. ... 

That's way over my head!

polymaff

veryintrigued said:

polymaff said:

veryintrigued said:

Looking at this thread you wonder how many questions Halifax have had/will have on this account.

Probably still a drop in the ocean when compared with HMRC and Marriage Allowance Transfer. ... 

That's way over my head!

Same failure to think the idea through.

Same incompetent implementation.

Same lack of competent training.

Result - confusion amongst staff and customers guaranteed.

(For HMRC, add, failure to understand the relevant legislation - even now, several years later!)

LittleVoice

OceanSound said:

LittleVoice said:

OceanSound said:

Ed-1 said:

OceanSound said:

Second reward account opened around 21st June. Did £1500 pay-in straight afterwards. Received debit card on 29th June. Made a payment for around £230 on 29th June, then next day (30th June) made a payment for £280. Tracker does take a couple of days to update. So, yesterday when I checked tracker, it said the £500 pay-in was not satisfied for that account. When I check today it says £500 pay-in satisfied. Seems tracker is using transaction processed date as opposed to transaction date. Anyone wanna hazard a guess if the reward will be paid for June. 

Don't tell me it says somewhere that the transaction processed date is what counts. 

Cash withdrawals from cash machines, branches or Post Office® counters and payments that are disputed will not count towards the £500. We will also only include payments taken out from your account by the last day of the month.
https://static.halifax.co.uk/assets/pdf/bankaccounts/Banking-Offers-Guide.pdf

Thanks. That makes sense. Payment was a debit card payment, so money was taken out of my account immediately.

A special thanks for posting the relevant bit and a link to it, so it's not just another biased opinion.

Why is that a "so"? 
I'm not using the DC spend to qualify for a reward but sometimes use my Lloyds DC to pay for postage in a PO.  The amount will show as pending online but not be shown on the statement until later, indicating the transaction date (when used in the PO) and the date it was taken from the account (at least one day later).  Does Halifax operate differently?

'So' as in it wasn't paid using a credit card (which operate differently).

I see, I thought "Payment was a debit card payment, so money was taken out of my account immediately." (my emphasis) was about the timing of when funds would show as leaving your account.  


And of course paying with a Halifax credit card wouldn't be relevant to the offer any way.

ZeroSum

Ed-1 said:

jeepjunkie said:

Ed-1 said:

jeepjunkie said:

Ed-1 said:

Mosler said:

Does it allow more than 3 sole Reward accounts, each with Reward Extras on?

Yes... many many many more. 

On the Halifax website it says. Up to 2 rewards accounts, One account must be in your sole name and one in joint names.

They are the terms and conditions but the IT certainly doesn't enforce them. You can open up to 3 directly applying for Reward Accounts but it has been previously explicitly hinted on this thread (when talking about them changing to Current Accounts) how to go about getting more. You can get up to 10 sole Reward Accounts fairly easily this way but there are even ways to exceed that. However we're now getting into Halifax Reward Magic Circle...

Ok, lol, brilliant

Actually meeting the debit card conditions on such a number of accounts is a different ball game though...

Not really, it's money into 1 account transfered to another. Then using same cash multiple times. 

Ed-1

ZeroSum said:

Ed-1 said:

jeepjunkie said:

Ed-1 said:

jeepjunkie said:

Ed-1 said:

Mosler said:

Does it allow more than 3 sole Reward accounts, each with Reward Extras on?

Yes... many many many more. 

On the Halifax website it says. Up to 2 rewards accounts, One account must be in your sole name and one in joint names.

They are the terms and conditions but the IT certainly doesn't enforce them. You can open up to 3 directly applying for Reward Accounts but it has been previously explicitly hinted on this thread (when talking about them changing to Current Accounts) how to go about getting more. You can get up to 10 sole Reward Accounts fairly easily this way but there are even ways to exceed that. However we're now getting into Halifax Reward Magic Circle...

Ok, lol, brilliant

Actually meeting the debit card conditions on such a number of accounts is a different ball game though...

Not really, it's money into 1 account transfered to another. Then using same cash multiple times. 

Yes, but I'd be uneasy doing so many debit card transactions if I wasn't leaving the funds in the account I've pulled the money to. If it was recycling money round and round it'd be drawing the attention of fraud.

TOP_CAT

ED-1 has a point ,
A very good point "which may or may not scupper using savings accounts long term" for multiple DD card deposits and withdrawals .

Hopefully the savings account route will last a while.
Rather than resorting to Pinget or other payment platforms with zero customer help when it goes wrong .

colsten

TOP_CAT said:

ED-1 has a point ,
A very good point "which may or may not scupper using savings accounts long term" for multiple DD card deposits and withdrawals .

Hopefully the savings account route will last a while.
Rather than resorting to Pinget or other payment platforms with zero customer help when it goes wrong .

KRBS didn't take my multiple COOP debit card deposits kindly. I can no longer make online debit card deposits with them.