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

Tragen

SpanishBlue said:

Tragen said:

I made the mistake of choosing the £5 for 5k balance reward. I wish I had chosen the £500 spend. Unfortunately it cannot be changed.

I will be downgrading the account instead to avoid the paying in conditions.

Why not close/downgrade the account, and then open a new Reward a/c, choosing the £500 spend on a debit card option?

That's an option, I was thinking downgrade, then perhaps to re-upgrade, but unsure if I will be able to choose again

granta

BoS to Halifax switch
I saw early in the thread that there was some concern that BoS to Halifax switch might not qualify. Can anyone who has been able to do this switch confirm if they qualified for the cashback? Can't follow in the thread what happened and I am thinking of doing the same. Thanks.

masonic

granta said:

BoS to Halifax switch
I saw early in the thread that there was some concern that BoS to Halifax switch might not qualify. Can anyone who has been able to do this switch confirm if they qualified for the cashback? Can't follow in the thread what happened and I am thinking of doing the same. Thanks.

Yes, BoS to Halifax switches have qualified for the £100

JohnZoidberg

I applied for a new reward account on 28th August, will I incur the £3 fee for not paying in £1500 in august? I haven't received my internet banking activation code/debit card/pin code yet, I was planning to start setting up standing orders to fund the account to avoid the fee starting from September, once I got full access to the account. Thanks, I would be grateful if anyone had the answer.

SpanishBlue

JohnZoidberg said:

I applied for a new reward account on 28th August, will I incur the £3 fee for not paying in £1500 in august? I haven't received my internet banking activation code/debit card/pin code yet, I was planning to start setting up standing orders to fund the account to avoid the fee starting from September, once I got full access to the account. Thanks, I would be grateful if anyone had the answer.

No you won't be charged it. They only start charging it after your account has been open for a full calendar month.

JohnZoidberg

SpanishBlue said:

JohnZoidberg said:

I applied for a new reward account on 28th August, will I incur the £3 fee for not paying in £1500 in august? I haven't received my internet banking activation code/debit card/pin code yet, I was planning to start setting up standing orders to fund the account to avoid the fee starting from September, once I got full access to the account. Thanks, I would be grateful if anyone had the answer.

No you won't be charged it. They only start charging it after your account has been open for a full calendar month.

That is very helpful thanks. Do you have a link pointing to this piece of information in their official website/PDFs by any chance? Or is it your personal experience?

kimwp

Can you close the account online or over the phone? It seems to imply that I need to go into a branch?

PRAISETHESUN

kimwp said:

Can you close the account online or over the phone? It seems to imply that I need to go into a branch?

Easiest way to close it is to just switch it into an existing account that you hold - if this is your one and only account then this obviously won't be an option but their website seems to suggest you can do it by mail if you don't fancy a branch visit?

https://www.halifax.co.uk/bankaccounts/help-guidance/common-enquiries/general-bank-account-enquiries.html

kimwp

PRAISETHESUN said:

kimwp said:

Can you close the account online or over the phone? It seems to imply that I need to go into a branch?

Easiest way to close it is to just switch it into an existing account that you hold - if this is your one and only account then this obviously won't be an option but their website seems to suggest you can do it by mail if you don't fancy a branch visit?

https://www.halifax.co.uk/bankaccounts/help-guidance/common-enquiries/general-bank-account-enquiries.html

Great tip - thanks!

knack92

Has anyone who opened an Ultimate Reward Current Account and subsequently downgraded after receiving the switch incentive been charged the monthly (pro-rata) fee? I recall a date of 2nd September being mentioned for the fee being debited.