Possible £100 Halifax switch offer starting 4/8/20

knack92

nologo said:

Dim question, Is nationwide flex direct account  eligible  to swap for the reward,  anybody tried it yet..as they are a building society not a bank i'm not sure


,

Yes, they are participants of the Current Account Switch Service.
https://www.currentaccountswitch.co.uk/banksandbuildingsocieties/Pages/banks.aspx

Polarpenguin

tel_ said:

Polarpenguin said:
No sign of my £100 yet either. Had text to confirm switch completed at 11:52 am Friday

I didn't get a text.

Sounds as though the switches have been a smooth process up until the end of the working week.

£100 has shown up today in the app, dated Monday 17th

Frogletina

Ted_E_Bear said:

CRISPIANNE3 said:

I will keep the Reward account for the £5.00. I can easily keep £5,000 in the account but if things change financially for me then I will certainly downgrade the account. However there may be another switch offer on the horizon. 

As I understand the offer, and some of it isn't clear, you have to keep £5K in the account, and pay in £1500 in every month.

£5 per month on £5K is only £2 per year better than my NS&I account, plus you have to transfer in and out £1500 every month. It's not worth the hassle for an extra £2 a year.

It is worth more to me as I will earn more than £1000 in interest this year, and the £5 is not taxable. Usually I'd be adding money to an easy access ISA, but not yet as I still have accounts paying more even after they are taxed. 

tel_

The bonus has now shown on mine too.

Unusual for it to have a Saturday date on it (but dated the 17th also).

Speculator

Wife tried switching but keep getting this message.  I think it's because the name on her existing Halifax a/cs (including her new Reward account)  have hyphens and online switching does not allow hyphens in her name.
I had the same problem and had to do the switch over the phone.

[Deleted User]

Speculator said:

Wife tried switching but keep getting this message.  I think it's because the name on her existing Halifax a/cs (including her new Reward account)  have hyphens and online switching does not allow hyphens in her name.
I had the same problem and had to do the switch over the phone.

I had the same thing with an apostrophe 🙄

billn

Just checked mine again and the incentive has gone in and dated the 17th as others have said.

NorthSeaKing

£100 bonus received here as well 

MDMD

colsten said:

Yorkshire_Pud said:

After switch yesterday and £100 received two days ago, today changed UR account to standard current account. Log off log back in to see the change.
My belief from reading page 53 of the welcome pdf is that if on the fee charging day of the UR 2nd Sept or near you no longer hold the UR account then no fee is charged.
Bit like Santander £5 monthly fee if change to lite before the anniversary monthly charge date they just take the lite fee and don’t pro rata charge for the period when it was full fat.

Leaving £17 in the account anyway just in case!

My downgraded UR will long have been switched out of Hfx by Sept 2 

Is there anywhere else to switch to for a payment at the moment? If not why bother switching out again?

colsten

MDMD said:

Is there anywhere else to switch to for a payment at the moment? 

Not for a switch bonus.

MDMD said:

 If not why bother switching out again?

To save £17 a month (or at least £12).