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

masonic

Mosler said:

bristolleedsfan said:

Mosler said:

Is making a payment using a debit card to transfer to another account, a type of money transfer?

https://www.mbna.co.uk/understanding-credit/understanding-transfers/money-transfers.html

It has been ascertained that making a debit card payment to savings accounts elsewhere qualifies for monthly reward.

Have you received the reward after using this method?

No rewards have been paid under the new scheme yet, but several have apparently qualified using transactions that involve a transfer of funds via debit card to another financial account in their name, according to Halifax's tracker.

Poor_Leno

Personally, I was quite surprised, but glad, that the route I went down qualified on the tracker

polymaff

It ain't over 'til the £5 materialises!

As for the question, I guess that a "transfer" is a movement of funds within an organisation and a "payment" is a movement of funds to another organisation.

colsten

polymaff said:

It ain't over 'til the £5 materialises!

As for the question, I guess that a "transfer" is a movement of funds within an organisation and a "payment" is a movement of funds to another organisation.

Except when it is an ISA transfer. Or a balance transfer. Or an Electronic Funds Transfer. 

It's essentially a vague term, a bit like "main account", for which there is no agreed definition and a lot of individual interpretation. I for one am not looking for an unambiguous definition from Halifax. Let sleeping dogs lie.

polymaff

colsten said:

polymaff said:

It ain't over 'til the £5 materialises!

As for the question, I guess that a "transfer" is a movement of funds within an organisation and a "payment" is a movement of funds to another organisation.

Except when it is an ISA transfer. Or a balance transfer. Or an Electronic Funds Transfer. 

It's essentially a vague term, a bit like "main account", for which there is no agreed definition and a lot of individual interpretation. I for one am not looking for an unambiguous definition from Halifax. Let sleeping dogs lie.

Oh, the keyword in my post was "guess".  As for asking Halifax - ask N staffers, get N+1 different answers.

When I called HX a couple of weeks ago to ask questions about Reward and Reward Extras, the agent eventually called me back to tell me that she couldn't find any of the managers available who could agree the answers.

 S N A F U !

ZeroSum

polymaff said:

It ain't over 'til the £5 materialises!

As for the question, I guess that a "transfer" is a movement of funds within an organisation and a "payment" is a movement of funds to another organisation.

I think for this it's just as simple as a payment being a card payment & transfer being a bank transfer.
For example, I pay my window cleaner via bank transfer so it wouldn't count towards the £500 spend.

Wheras if I pay £500 by debit card into a savings account with a different establishment, it will count

Mosler

Has anyone got more than one sole Reward account, each with Reward Extras on?

ZeroSum

Mosler said:

Has anyone got more than one sole Reward account, each with Reward Extras on?

I've got 2 sole accounts & both showing as on track to receive £5

Mosler

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

Ed-1

Mosler said:

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

Yes... many many many more.