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Halifax Scrapping £5/Cinema ticket Rewards.

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pfpf
pfpf Posts: 5,110 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
edited 29 May at 9:48AM in Budgeting & bank accounts
i think its worth it's own thread, some info added on to the end of the "slow rewards update" thread...
originally posted by pokemaster and thanks to WillPS for: 

https://becleverwithyourcash.com/halifax-to-scrap-5-reward/
«13456722

Comments

  • pokemaster
    pokemaster Posts: 270 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 29 May at 3:03PM
    Hope it isn’t as bad as what Barclays did to their blue rewards 😅
  • WillPS
    WillPS Posts: 5,129 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 29 May at 3:03PM
    https://becleverwithyourcash.com/halifax-to-scrap-5-reward/

    I was wondering if it was worth manually refreshing everything to give a clean 12 months but it seems all rewards will end in September/October regardless of when they are currently due to expire.

    Been expecting this a little while but still sad to see it. Halifax have done very little in the way of promoting their current accounts since Summer 2023. 

    Probably worth splitting to another thread.
  • pfpf
    pfpf Posts: 5,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 29 May at 3:03PM
    maybe they'll up the cash reward to £10 per month.  :s

    will be sad to see the cash reward go and annoying if they do indeed end it "mid" 12 month term.
  • pfpf
    pfpf Posts: 5,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 29 May at 3:03PM
    BCWYC are reporting that Halifax are to drop the £5 reward / cinema tickets.

    With new rewards coming in September
    you should start a new thread for this subject. we can all then start making guesses as to what the "rewards" will be. might also let folk reveal how many "reward" accounts they've actually had, assuming the new "rewards" will mean not keeping multiple accounts.

    might be a fun thread to dull the pain.
  • Hattie627
    Hattie627 Posts: 346 Forumite
    100 Posts Second Anniversary Name Dropper
    Bad news. I suppose the £5 monthly cash reward was too good to continue for ever
  • pecunianonolet
    pecunianonolet Posts: 1,772 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Potentially a few spare accounts available for switching incentives later in the year if the new rewards are disappointing. 

    Luckily, 2 of my accounts would renew in December and the other in January so should be able to get the rewards on all 3 accounts until the end.
  • pfpf
    pfpf Posts: 5,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Potentially a few spare accounts available for switching incentives later in the year if the new rewards are disappointing. 

    Luckily, 2 of my accounts would renew in December and the other in January so should be able to get the rewards on all 3 accounts until the end.
    one would assume the £5 will continue till your 12 month runs out as that what it states each time you renew but theres a point made on the linked story in the OP that it may be ending September, FULL stop.
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