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Halifax Reward

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Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
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    soulsaver said:
    GTR_King said:
    Update Have closed post office account down and now opened NS&I Savings so I can do the £500 debit card payments so all good
    The Yorkshire BS (YBS) hack is a lot quicker than NS&I...
    What hack? The link in the first page of this thread is absolutely useless, and if it's Internet Saver Plus, I don't see anything about card deposits in the Product Terms



  • grumiofoundation
    grumiofoundation Posts: 3,051 Forumite
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    GTR_King said:
    Update Have closed post office account down and now opened NS&I Savings so I can do the £500 debit card payments so all good
    As above if the £5,000 option has been chosen for the upcoming year this won't get you the reward.
  • noh
    noh Posts: 5,817 Forumite
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    edited 2 May 2022 at 6:25AM
    grumbler said:
    soulsaver said:
    GTR_King said:
    Update Have closed post office account down and now opened NS&I Savings so I can do the £500 debit card payments so all good
    The Yorkshire BS (YBS) hack is a lot quicker than NS&I...
    What hack? The link in the first page of this thread is absolutely useless, and if it's Internet Saver Plus, I don't see anything about card deposits in the Product Terms



    All my existing YBS savings accounts allow payment in by debit card. I haven't opened an Internet Saver Plus Issue 10 so unable to confirm that it too accepts debit card payments in.
    At the bottom of page 3 of the general terms and conditions for all accounts it is stated.
    The following electronic payments can only be made into your account (f) Debit card payments; and (g) BACS payments. 
  • Over62
    Over62 Posts: 144 Forumite
    Tenth Anniversary 100 Posts Photogenic
    noh said:  All my existing YBS savings accounts allow payment in by debit card. 
    I think YBS have given up receiving debit card payments for new accounts.  As grumbler said, there is nothing in the current Product Terms to suggest that it is possible.  
  • Daliah
    Daliah Posts: 3,792 Forumite
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    Over62 said:
    noh said:  All my existing YBS savings accounts allow payment in by debit card. 
    I think YBS have given up receiving debit card payments for new accounts.  As grumbler said, there is nothing in the current Product Terms to suggest that it is possible.  
    Never mind the product terms. 


  • datlex
    datlex Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I easily "spend" more than the £500 needed.  I use Revolut, money is paid into it each week which then goes to a different account and circles back round to Halifax and covers the funding requirements as well.
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
  • GTR_King
    GTR_King Posts: 1,994 Forumite
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    NS&I account is open waiting for details In the post then will use that for the £500 debit card transactions 
  • noh
    noh Posts: 5,817 Forumite
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    edited 3 May 2022 at 11:52AM
    Over62 said:
    noh said:  All my existing YBS savings accounts allow payment in by debit card. 
    I think YBS have given up receiving debit card payments for new accounts.  As grumbler said, there is nothing in the current Product Terms to suggest that it is possible.  
    As I said in my post above. The general terms and conditions state that debit card payments in can be made.
  • Hi all, not sure of this is the right place but I've a question about my Halifax account. So I made a payment to a company on thr 21st April, but the order was cancelled and to be refunded back. In my account it showed as pending for several days and I kept checking for the money (£150.43). However if I go back to that date now it shows that my balance includes this money, yet there wasn't enough in to cover my direct debits (moved from weekly to monthly pay and missed these DD's) which were all returned despite showing that I'd enough to cover them. Why does it appear that the money was returned but I haven't been able to use it. I'm very confused and guy at the bank didn't understand either!
  • WillPS
    WillPS Posts: 5,223 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    Hi all, not sure of this is the right place but I've a question about my Halifax account. So I made a payment to a company on thr 21st April, but the order was cancelled and to be refunded back. In my account it showed as pending for several days and I kept checking for the money (£150.43). However if I go back to that date now it shows that my balance includes this money, yet there wasn't enough in to cover my direct debits (moved from weekly to monthly pay and missed these DD's) which were all returned despite showing that I'd enough to cover them. Why does it appear that the money was returned but I haven't been able to use it. I'm very confused and guy at the bank didn't understand either!

    If the money was pending then it wasn't available to cover your direct debits, so unless you had an overdraft facility they would have been returned unpaid.
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