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

Nick_C

portenio said:

Supercalifragilistic! (Oh Mary P).
OK then. It will be bye-bye Natwest app and hello Halifax app

Bear in mind, if you use Open Banking facilities in an app provided by someone you actually bank with, they will then have access to a lot more of your financial information than they do currently!

I use the Yolt app for Open Banking.  It is run by ING (who I don't have any accounts with). 

Yolt can see that I transfer money from Lloyds to HSBC to Halifax to Nationwide and back to Lloyds (using my Halifax debit card along the way to pay my Amex bill), but none of the banks that I have accounts with can follow that trail (and I wouldn't want them to!)

portenio

Nick_C said:

portenio said:

Supercalifragilistic! (Oh Mary P).
OK then. It will be bye-bye Natwest app and hello Halifax app

Bear in mind, if you use Open Banking facilities in an app provided by someone you actually bank with, they will then have access to a lot more of your financial information than they do currently!

I use the Yolt app for Open Banking.  It is run by ING (who I don't have any accounts with). 

Yolt can see that I transfer money from Lloyds to HSBC to Halifax to Nationwide and back to Lloyds (using my Halifax debit card along the way to pay my Amex bill), but none of the banks that I have accounts with can follow that trail (and I wouldn't want them to!)

Brilliant advice, great alternative! 
I will look for this app and install Halifax app too but without Open Banking.
Do you know if Yolt can also be installed on a PC/laptop as well?
Thanks a lot.

Nick_C

Yolt only runs on smart phones (and possibly tablets?)

portenio

Nick_C said:

Yolt only runs on smart phones (and possibly tablets?)

OK thanks.
Does the data sharing also last for 90 days with Yolt, and before then you need to renew it if you want to keep it?
With 10+ bank accounts I found this quite bothering, as a renewal is not actually a renewal but same procedure as for initial sharing request.

Nick_C

You need to re-authorise data sharing at least once every 90 days for each linked bank, whatever app/provider you are using.  That is part of the Open Banking Standards. 

colsten

No (as a UK resident), and no

WBCPB

Is there a secret society operating on this site? I have had the attached message a couple of times when clicking on a thread link:  

portenio

WBCPB said:

Is there a secret society operating on this site? I have had the attached message a couple of times when clicking on a thread link:  

I have seen this message when trying to open a link pointing to a deleted thread.
If there are other reasons that may also display it that I don't know.

badger09

I'm confused - easily done these days.

My Rewards Tracker assures me that for August 2020, I'm on track to get my £5 cash for spending £500 on debit card.
That must relate to the reward due to be paid in August, rather than the one to be earned in August but paid in September, as I haven't yet spent £500.

Is it just me, or would others find it clearer if the tracker progress related to the 'earning' period, rather than the 'will be paid' period? 

knack92

badger09 said:

I'm confused - easily done these days.

My Rewards Tracker assures me that for August 2020, I'm on track to get my £5 cash for spending £500 on debit card.
That must relate to the reward due to be paid in August, rather than the one to be earned in August but paid in September, as I haven't yet spent £500.

Is it just me, or would others find it clearer if the tracker progress related to the 'earning' period, rather than the 'will be paid' period? 

I noticed this too but put it down to the last updated date being 30 July. I’m sure the offer progress month was July 2020 last time I checked a few days ago. So I think it does show earning period but due to the dates not being in sync at the moment it’s not very useful.