Halifax closes Savers Prize Draw

Thunderbird109

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

Apparently they have names in banks saying who won. I’ve never seen any. I asked in the bank and they said couldn’t advertise as it was data protection! Rubbish

Olenna

Thunderbird109 said:

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

Apparently they have names in banks saying who won. I’ve never seen any. I asked in the bank and they said couldn’t advertise as it was data protection! Rubbish

They can give some info but not enough that it's personally identifiable - similar to premium bonds. 

A member of my extended family apparently won one of the prizes (they certainly don't need the money and wouldn't say how much) but bought a new caravan, another long-haul holiday and other Baby Boomer essentials with it.

C0lin61

Thunderbird109 said:

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

I received email about savers draw being discontinued. This was one of the reasons I kept my saving account with £5k. I’ve read in 26th June MSE email that the perks are going in reward account eg £5/cinema, reason being not many people reached it. It’s very rarely I missed it though last month I didn’t his spend. 

I have the Ultimate Reward account which I pay for. This includes everything that the reward account gets plus free holiday insurance, breakdown cover, phone insurance. I’ve had no emails about any changes to this. Nothing mentioned about my ultimate account on Halifax webpages nor emails. Anyone heard that this might change also. It may seriously make me change banks and I’ve been with them for over 20 years

I have a Bank of Scotland saver account and will be closing it once the last draw has taken place. Trying to get the draw date info out of BoS is like pulling teeth, their chat-bot is useless, the chat agents seem to avoid answering the question and divert me to "dedicated" phone lines. 

pkempc

C0lin61 said:

Thunderbird109 said:

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

I received email about savers draw being discontinued. This was one of the reasons I kept my saving account with £5k. I’ve read in 26th June MSE email that the perks are going in reward account eg £5/cinema, reason being not many people reached it. It’s very rarely I missed it though last month I didn’t his spend. 

I have the Ultimate Reward account which I pay for. This includes everything that the reward account gets plus free holiday insurance, breakdown cover, phone insurance. I’ve had no emails about any changes to this. Nothing mentioned about my ultimate account on Halifax webpages nor emails. Anyone heard that this might change also. It may seriously make me change banks and I’ve been with them for over 20 years

I have a Bank of Scotland saver account and will be closing it once the last draw has taken place. Trying to get the draw date info out of BoS is like pulling teeth, their chat-bot is useless, the chat agents seem to avoid answering the question and divert me to "dedicated" phone lines. 

I have the minimum £5k in a Halifax Reward Bonus Saver paying 2.96 % gross interest rate which I will be moving to Coventry 4 Access saver account paying 4.20% gross when the last Savers Prize Draw has taken place this month.  Also seriously thinking about moving my current account away from Halifax.

Dines87

friolento said:

Advised by email received today that Halifax are closing their Savers Prize Draw.  Not that I'll miss it as I haven't won a bean in it in the last ten years, and I haven't seen any reports from people who have.

I did... won their top prize in December 2017 (100k)... hoping my username doesn't give me away as I never told anyone except my hubby, which is maybe why people haven't heard about the winners - if we all kept it quiet  ... 🤫

I have soft spot for Halifax, but their current saving rates are shocking..

Confused_Dog

Halifax as a brand is doomed and it is just a question of when, not if, it disappears.  

With the exception of their Regular Saver (which has been eclipsed by the offerings from Nationwide and the smaller building societies) their rates have been risible for years. They now have no USP mow the perks introduced before the shotgun marriage with Lloyds have gone.  (Bank of Scotland does owing to it being able to print notes and issue them North of the Border, giving free advertising whenever anyone gets a BOS note in their change...)

King_Of_Fools

Confused_Dog said:

Halifax as a brand is doomed and it is just a question of when, not if, it disappears.  

With the exception of their Regular Saver (which has been eclipsed by the offerings from Nationwide and the smaller building societies) their rates have been risible for years. They now have no USP mow the perks introduced before the shotgun marriage with Lloyds have gone.  (Bank of Scotland does owing to it being able to print notes and issue them North of the Border, giving free advertising whenever anyone gets a BOS note in their change...)

I would agree that Lloyds no longer seem to have a unique idea of what to do with the Halifax brand. It would not surprise me if Halifax just became the mortgage brand offered at Lloyds and Bank of Scotland branches (in much the same way as LloydsTSB treated the Cheltenham & Gloucester brand in the late 90s).

Deru

Oh it’s the final draw this month.  I won £100 in June.  Doubt I’ll win anything this time but need to be in it to win it. I’ll transfer my ISA elsewhere next month.  Not sure where yet