Halifax rewards - when is it payable?

P3

When is it payable?
I upgrade mine in late Jan, quickly put £1500 in, and £500 out via debit card. 
Got three green ticks that I'm eligible for the £5 for Jan.

surreysaver

12th of each month

veryintrigued

12/13/14th normally for me.

T&C's might tell you exactly when.

General_Grant

P3 said:

When is it payable?
I upgrade mine in late Jan, quickly put £1500 in, and £500 out via debit card. 
Got three green ticks that I'm eligible for the £5 for Jan.

About the 12th of the month, so not yet.

P3

Why 12th???

And in order for me to be eligible for Feb reward, is it base on calendar month or 12th or the day I upgrade?

Ed-1

P3 said:

Why 12th???

And in order for me to be eligible for Feb reward, is it base on calendar month or 12th or the day I upgrade?

As that's what Halifax decided.
It's based on calendar month.
It's paid on 12th or the next working day if 12th isn't a working day.

colsten

P3 said:

Why 12th???

Because that's the date they chose for payments.

P3 said:

And in order for me to be eligible for Feb reward, is it base on calendar month or 12th or the day I upgrade?

The eligibility period is a calendar month, with the exception of your first month, which runs from the date you join to the end of the joining month. www.halifax.co.uk/assets/pdf/bankaccounts/pdf/banking-offers-guide.pdf

P3

Is this £5 taxable???

Ed-1

P3 said:

Is this £5 taxable???

Under the debit card option, no as it's cashback.

Under the £5,000 option, it's paid net of tax (gross reward is £6.25).

P3

Wish I read into this earlier, missed out on 6 months of cashback.
Debit card option is way easier than then £5k option

PRAISETHESUN

P3 said:

Wish I read into this earlier, missed out on 6 months of cashback.
Debit card option is way easier than then £5k option

And more money too. The £5k doesn't earn interest with Halifax so not only can you get £5/month from the debit card option, you can also get some interest (albeit it not much) by saving that money elsewhere in an account that is also earning interest.