Halifax Reward current account

GTR_King
GTR_King Posts: 1,784
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edited 6 February at 7:54PM in Budgeting & bank accounts
I got letter (Inbox) to say Halifax Reward current account is changing to normal current account, April 24 Fair Doos as I have been slacking lol 😂 as gave up sorting accounts out lol! anyway Can I change it back after April? 

Or should I move account to get a reward else where had account for years (not main bank account)

Comments

  • WillPS
    WillPS Posts: 3,065
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    Yes, probably. Why do you want a Reward account if you cba with the hoop jumping?
  • GTR_King
    GTR_King Posts: 1,784
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    I normally use it been slacking last few months various issues but will get back into it 
  • Compound_2
    Compound_2 Posts: 298
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    Do you at least circulate 1500 to avoid the monthly fee? If you don't do this and don't meet the Reward criteria then they may decide the account is unsuitable as it's a real loss. But if you fund the account sufficiently to keep it free, it can be justified to hold the account without qualifying for Rewards as you might for example do the required spending later and there are some better interest rates open to Reward customers than Halifax's standard offerings.
  • surreysaver
    surreysaver Posts: 3,990
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    There might be something in the T&Cs somewhere they'll downgrade it if you don't make use of it. Probably some regulatory thing. I'm sure I read somewhere that Barclays do the same thing 
    I consider myself to be a male feminist. Is that allowed?
  • GTR_King
    GTR_King Posts: 1,784
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    Thanks I did the required pay in this month & will do next month if they downgrade me then will accept that 
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