Switch Offer Halifax Bank

ChewyyBacca
ChewyyBacca Posts: 340 Forumite
Fourth Anniversary 100 Posts Name Dropper
edited 28 February at 4:02PM in Budgeting & bank accounts
I m looking to open Halifax Reward account. A quick search on the forum shows last offer was in Nov 2022. Am I correct? Has there been no switch offer from Halifax since then? Any grapevine or expectation of an offer soon?

Also does Halifax exclude you, if you had the switch bonus with sister companies (Lloyds Bank etc) like Natwest does?

Comments

  • Nasqueron
    Nasqueron Posts: 10,560 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    I m looking to open Halifax Reward account. A quick search on the forum shows last offer was in Nov 2022. Am I correct? Has there been no switch offer from Halifax since then? Any grapevine or expectation of an offer soon?

    Also does Halifax exclude you, if you had the switch bonus with sister companies (Lloyds Bank etc) like Natwest does?

    I don't know if anyone can predict Halifax or Lloyds dates. Lloyds seem to do them more often if that helps?

    NatWest officially exclude their sister banks but they paid out for RBS and Ulster switches 

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • PRAISETHESUN
    PRAISETHESUN Posts: 4,771 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    There's an on-going Lloyds switch offer, as discussed here: https://forums.moneysavingexpert.com/discussion/6589091/lloyds-bank-175-switch-18-feb-2025

    Unsure when the last Halifax offer was off the top of my head, but LBG seems to be tightening up and excluding you from offers if you've had a previous incentive within the group before. That said, I don't have any experience with how effective they are at checking between brands, like how well NatWest/RBS/Ulster currently do...
  • eskbanker
    eskbanker Posts: 36,928 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I m looking to open Halifax Reward account. A quick search on the forum shows last offer was in Nov 2022. Am I correct? Has there been no switch offer from Halifax since then?
    There was another one in summer 2023:

    https://forums.moneysavingexpert.com/discussion/6461989/halifax-225-switching-offer-25-7-23-to-31-8-23
  • WillPS
    WillPS Posts: 5,028 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    LBG are throwing all their marketing budget behind the Lloyds Bank brand (in England and Wales at least). Expect switch offers to resume when the marketing does.
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