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Halifax Scrapping £5/Cinema ticket Rewards.

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  • crumpet_man
    crumpet_man Posts: 737 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
  • Speculator
    Speculator Posts: 2,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
    isn't it instant? 
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,899 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    My experience with Lloyds accounts is that things update immediately and are visible after you log out and log back in to online banking. I'd imagine Halifax would behave similarly
  • crumpet_man
    crumpet_man Posts: 737 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
    isn't it instant? 
    Who wants to try it then?
  • Stargunner
    Stargunner Posts: 998 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 13 June at 7:24PM
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
    isn't it instant? 
    Who wants to try it then?
    Surely, someone on here has a reward account that only has a month or 2 of rewards left. They would not risk losing much to try to see if they could change it to an ordinary acc and then back to s reward acc.
  • trient
    trient Posts: 184 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
    isn't it instant? 
    Who wants to try it then?
    Surely, someone on here has a reward account that only has a month or 2 of rewards left. They would not risk losing much to try to see if they could change it to an ordinary acc and then back to s reward acc.
    What would be the point though, if rewards stop altogether at the end of September. Best case scenario you'd be saving a fiver or two.
  • Stargunner
    Stargunner Posts: 998 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 13 June at 9:35PM
    trient said:
    Now the May fiver has been paid, can we not "upgrade" the account to an ordinary current account then upgrade back to a Reward account?

    My renewal date is in September.
    You can, the risk is that it takes a few days to process and you miss the deadline.
    isn't it instant? 
    Who wants to try it then?
    Surely, someone on here has a reward account that only has a month or 2 of rewards left. They would not risk losing much to try to see if they could change it to an ordinary acc and then back to s reward acc.
    What would be the point though, if rewards stop altogether at the end of September. Best case scenario you'd be saving a fiver or two.
    We don’t know that they will definitely stop, and the t&c’s for the Reward acc state that the rewards will run for 12 consecutive months from the offer start date. 
  • danny13579
    danny13579 Posts: 726 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 13 June at 9:42PM
    trient said:
    What would be the point though, if rewards stop altogether at the end of September. Best case scenario you'd be saving a fiver or two.
    Halifax haven't said anything about stopping the rewards at the end of September. The scheme is being refreshed later this year and the current rewards cannot be added to new/renewed accounts from 17th June. That is all we know. 
  • WillPS
    WillPS Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    Well, I've tried it.

    One of my rewards has an end date of August 2025. I 'upgraded' said account to the fee-free "Current Account". Logged out, logged back in, checked the tracker and the account had disappeared. So far, so good.

    I then upgraded the account back to Rewards. No invitation to set a Reward up which I'm pretty sure is part of the journey normally. Logged out, logged back in - account has reappeared in tracker which reports the account already has a Reward expiring August 2025. 

    It would appear this method does not work. What would work (if you hold 3 or fewer Reward accounts) would be downgrading to a Current Account then applying for a brand new Reward account. I wouldn't recommend this though as LBG are known to hand out bans for rapid account applications.

    I realise I'm putting rather too much stock in the tracker here but as it stands its all I have to go on. Will check over the next few days to ensure a Reward remains set.
  • Over62
    Over62 Posts: 144 Forumite
    Tenth Anniversary 100 Posts Photogenic
    I closed my Reward account and once it disappeared online, opened a new one.  I added a Reward which is now valid till 30 June 2026.  
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