📨 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!

New £175 bonus for switching to Halifax Reward (29 Nov 2022)

Options
1567911

Comments

  • pfpf
    pfpf Posts: 5,118 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    pfpf said:
    dcs34 said:
    pfpf said:
    peoples experience!
    are Halifax on the ball regarding dates of a previous incentive? i know some banks are better than others at this.
    Only one way to find out.

    Rustled up a donor account today and have just requested a switch to my second existing Halifax account (I have had the April 2020 reward on my first Halifax account, so this might test if they are tracking individual accounts rather than the account holders). 10 days from today is the 13th, so 6 days to test out.
    i set the ball rolling last week to "find out"  ;)
    Any news?
    not looking likely. my switch date is tomorrow and no bonus paid. my previous bonus was 08/20 on a different account but looks like Halifax are "efficient".
    whether a new "login" beats the system i'll never know but certainly not a new account on an existing login.
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    pfpf said:
    pfpf said:
    dcs34 said:
    pfpf said:
    peoples experience!
    are Halifax on the ball regarding dates of a previous incentive? i know some banks are better than others at this.
    Only one way to find out.

    Rustled up a donor account today and have just requested a switch to my second existing Halifax account (I have had the April 2020 reward on my first Halifax account, so this might test if they are tracking individual accounts rather than the account holders). 10 days from today is the 13th, so 6 days to test out.
    i set the ball rolling last week to "find out"  ;)
    Any news?
    not looking likely. my switch date is tomorrow and no bonus paid. my previous bonus was 08/20 on a different account but looks like Halifax are "efficient".
    whether a new "login" beats the system i'll never know but certainly not a new account on an existing login.
    A new login does the trick.
  • Well I got my debit card and internet banking activation, all working OK. No sign of the bonus but then my switch date is Monday so maybe its not got there yet..
  • macy08
    macy08 Posts: 77 Forumite
    Part of the Furniture 10 Posts Name Dropper
    Opened the account on the 2nd (already had login details due to existing kids monthly savers). Chose 1st available switch date (from Metro Bank) of the 13th and today have £175 sitting in my account. Once I receive the card and pin, which aren't even showing in the app yet, I will switch on the Reward Extra.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,896 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Ed-1 said:
    pfpf said:
    pfpf said:
    dcs34 said:
    pfpf said:
    peoples experience!
    are Halifax on the ball regarding dates of a previous incentive? i know some banks are better than others at this.
    Only one way to find out.

    Rustled up a donor account today and have just requested a switch to my second existing Halifax account (I have had the April 2020 reward on my first Halifax account, so this might test if they are tracking individual accounts rather than the account holders). 10 days from today is the 13th, so 6 days to test out.
    i set the ball rolling last week to "find out"  ;)
    Any news?
    not looking likely. my switch date is tomorrow and no bonus paid. my previous bonus was 08/20 on a different account but looks like Halifax are "efficient".
    whether a new "login" beats the system i'll never know but certainly not a new account on an existing login.
    A new login does the trick.
    I assume this would also allow you to open additional Reward accounts up to a max of 3 per user profile?
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,896 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    AmityNeon said:
    In my experience you’re better with Yorkshire or Skipton Building Society savings accounts for debit card topup. Or paying a credit card bill.
    Assuming payments aren’t blocked, Revolut is the faster method as deposits are instant and the money can be moved immediately elsewhere (e.g. higher interest savings).

    Credit card bills if available may be too small in value (especially if holding multiple Reward accounts), or better used to fulfil regular the direct debit requirements of other current accounts (e.g. Barclays, NatWest, RBS).
    I'd caution with using Revolut. I've had payments held up by them in the past, presumably for paying in from 3 different debit cards in rapid succession followed by an attempt to withdraw the money all at once. Your mileage may vary, but if/when something goes wrong it's an absolute pain trying to get in touch with someone who understands the problem and can actually sort it out for you.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,896 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Thanks that gives me some confidence. Will paying my Virgin Credit card count towards the £500, or does it need to be traditional swipes and taps of the card and online goods? If so I think I can make the £500 criteria.
    If you can pay your Virgin CC using the debit card (as opposed to bank transfer) then I can't see why not. I'll have a trawl of the T&C later to see if there's a definition of what constitutes "spending" on the debit card for the purposes of getting the fiver.
    In my experience, any cleared debit card spending counts. If there were exclusions to the types of debit card transactions allowed, then there would mention of them in the rewards T&Cs. I usually do the savings account rigmarole, but I have also used payments to a CC in the past to qualify for the monthly reward.
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ed-1 said:
    pfpf said:
    pfpf said:
    dcs34 said:
    pfpf said:
    peoples experience!
    are Halifax on the ball regarding dates of a previous incentive? i know some banks are better than others at this.
    Only one way to find out.

    Rustled up a donor account today and have just requested a switch to my second existing Halifax account (I have had the April 2020 reward on my first Halifax account, so this might test if they are tracking individual accounts rather than the account holders). 10 days from today is the 13th, so 6 days to test out.
    i set the ball rolling last week to "find out"  ;)
    Any news?
    not looking likely. my switch date is tomorrow and no bonus paid. my previous bonus was 08/20 on a different account but looks like Halifax are "efficient".
    whether a new "login" beats the system i'll never know but certainly not a new account on an existing login.
    A new login does the trick.
    I assume this would also allow you to open additional Reward accounts up to a max of 3 per user profile?
    Indeed...
  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    AmityNeon said:
    In my experience you’re better with Yorkshire or Skipton Building Society savings accounts for debit card topup. Or paying a credit card bill.
    Assuming payments aren’t blocked, Revolut is the faster method as deposits are instant and the money can be moved immediately elsewhere (e.g. higher interest savings).

    Credit card bills if available may be too small in value (especially if holding multiple Reward accounts), or better used to fulfil regular the direct debit requirements of other current accounts (e.g. Barclays, NatWest, RBS).
    I'd caution with using Revolut. I've had payments held up by them in the past, presumably for paying in from 3 different debit cards in rapid succession followed by an attempt to withdraw the money all at once. Your mileage may vary, but if/when something goes wrong it's an absolute pain trying to get in touch with someone who understands the problem and can actually sort it out for you.
    I've had problems with YBS and Revolut, and YBS was far more frustrating to resolve, but when things go smoothly, Revolut is the fastest as they don't wait for the deposits to clear. The biggest hassle was actually Halifax blocking my debit cards, one at a time, which necessitated separate calls to resolve.
  • Anyone had trouble switching during the application? Keeps telling me that it cannot switch the account I'm trying to switch (recently opened nationwide donor account).
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.