We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Changing the Halifax reward
Bridlington1
Posts: 4,304 Forumite
Hello,
I opened a Halifax reward account in March and currently get £5/month for keeping £5000 in it each day of the month. I have just discovered that NS&I have an instant access savings account which you can pay into by debit card so was wondering if Halifax would let me downgrade my reward account to a regular current account, then upgrade it again to choose the £5 for spending £500 option. If not I was thinking of downgrading my reward account, then opening a new reward account and doing it that way.
I opened a Halifax reward account in March and currently get £5/month for keeping £5000 in it each day of the month. I have just discovered that NS&I have an instant access savings account which you can pay into by debit card so was wondering if Halifax would let me downgrade my reward account to a regular current account, then upgrade it again to choose the £5 for spending £500 option. If not I was thinking of downgrading my reward account, then opening a new reward account and doing it that way.
0
Comments
-
I would open a new account. I suspect if you downgraded and then upgraded the same account it would retain the original offer. You can always close the first account later if you want to clean up.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards