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  • FIRST POST
    • Motormad
    • By Motormad 6th Feb 18, 4:25 PM
    • 83Posts
    • 32Thanks
    Motormad
    Halifax switch offer up to 125
    • #1
    • 6th Feb 18, 4:25 PM
    Halifax switch offer up to 125 6th Feb 18 at 4:25 PM
    Competition hotting up for your current account switch.
Page 1
    • 20aday
    • By 20aday 6th Feb 18, 4:58 PM
    • 2,191 Posts
    • 907 Thanks
    20aday
    • #2
    • 6th Feb 18, 4:58 PM
    • #2
    • 6th Feb 18, 4:58 PM
    Shame I received this award a couple of years ago; would've nice to get another 125 alongside NatWest!
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
    • buyhighselllow
    • By buyhighselllow 6th Feb 18, 6:46 PM
    • 91 Posts
    • 46 Thanks
    buyhighselllow
    • #3
    • 6th Feb 18, 6:46 PM
    • #3
    • 6th Feb 18, 6:46 PM
    Presume they will allow Tesco savings accounts to count as DD's ??
    • central
    • By central 6th Feb 18, 7:54 PM
    • 182 Posts
    • 94 Thanks
    central
    • #4
    • 6th Feb 18, 7:54 PM
    • #4
    • 6th Feb 18, 7:54 PM
    When does the natwest 125 hit the account? Then I'm straight in here :-)
    • ValiantSon
    • By ValiantSon 6th Feb 18, 9:28 PM
    • 1,844 Posts
    • 1,705 Thanks
    ValiantSon
    • #5
    • 6th Feb 18, 9:28 PM
    • #5
    • 6th Feb 18, 9:28 PM
    Presume they will allow Tesco savings accounts to count as DD's ??
    Originally posted by buyhighselllow
    You don't need any DDs for the switch bonus, only if you want the ongoing 3 reward per month. Tesco savings would count, but only for as long as Tesco continues to allow funding by DD (which is being ended in April).
    • Kim_13
    • By Kim_13 6th Feb 18, 10:21 PM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    • #6
    • 6th Feb 18, 10:21 PM
    • #6
    • 6th Feb 18, 10:21 PM
    When does the natwest 125 hit the account? Then I'm straight in here :-)
    Originally posted by central
    Natwest terms say by 13th April, see here: https://beta.natwest.com/personal/current-accounts/switcher-offer.html

    The Halifax 125 offer ends 19th March, though it does tend to come around from time to time. The standard amount of 75 is an ongoing offer.

    Link to Halifax page with the end date on: https://www.halifax.co.uk/bankaccounts/
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • atlantis187
    • By atlantis187 6th Feb 18, 10:39 PM
    • 1,030 Posts
    • 382 Thanks
    atlantis187
    • #7
    • 6th Feb 18, 10:39 PM
    • #7
    • 6th Feb 18, 10:39 PM
    cant this offer be taken if u currently already have a reward account but was opened before 2012
    • Kim_13
    • By Kim_13 6th Feb 18, 11:13 PM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    • #8
    • 6th Feb 18, 11:13 PM
    • #8
    • 6th Feb 18, 11:13 PM
    cant this offer be taken if u currently already have a reward account but was opened before 2012
    Originally posted by atlantis187
    Halifax accept switches into existing accounts opened before 3rd December 2016, so an account opened pre-2012 would be fine.

    What would stop you getting the incentive would be if you have received a switching incentive (of any value) from Halifax in January 2012 or later. If you haven't then you can get this offer.
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • atlantis187
    • By atlantis187 6th Feb 18, 11:24 PM
    • 1,030 Posts
    • 382 Thanks
    atlantis187
    • #9
    • 6th Feb 18, 11:24 PM
    • #9
    • 6th Feb 18, 11:24 PM
    I already have 3 reward accounts opened before 2012 will they allow me another?
    or should I close 1 and then apply?
    • Kim_13
    • By Kim_13 7th Feb 18, 12:12 AM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    I already have 3 reward accounts opened before 2012 will they allow me another?
    or should I close 1 and then apply?
    Originally posted by atlantis187
    No. The limit is now one plus one joint, so anyone closing one of their three (or two for those that have two) sole accounts will lose an account that they won't be able to get back.

    You can switch into one of your existing accounts. If you've already had an incentive then you can't get another, closing accounts and reapplying would not change this.
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • MAinline421
    • By MAinline421 7th Feb 18, 12:20 AM
    • 6 Posts
    • 4 Thanks
    MAinline421
    Interesting, could I just open a new current account with any random bank deposit a tenner in cash, and then just immediately move that to Halifax and empty the account? Otherwise how long would I have to stay before I could switch back?
    • Kim_13
    • By Kim_13 7th Feb 18, 12:27 AM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    Interesting, could I just open a new current account with any random bank deposit a tenner in cash, and then just immediately move that to Halifax and empty the account? Otherwise how long would I have to stay before I could switch back?
    Originally posted by MAinline421
    You could do, I can't find anything about a minimum period the Halifax account has to be open for. Though the 3 monthly reward makes the account worth keeping if you have 2 Direct Debits to satisfy the criteria. Other than that it's just a case of shuffling 750 through the account each month, so extra money for not very much work.

    No DD's needed for the switching incentive though.
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • rosieraspberry
    • By rosieraspberry 7th Feb 18, 7:14 AM
    • 33 Posts
    • 14 Thanks
    rosieraspberry
    I don't think they allow savings accounts for direct debits. If you find out otherwise please let me know.
    I'm currently 1 DD short for my joint Halifax Reward account. The reward is only 3 per month where you can get up to 13.75 per month from TSB if you keep 1500 savings in the account (interest is 3.75 month), 5 monthly reward for having 2 DDs set up and 5 reward for using your card for purchases 20 times in a month (if you don't do this stagger your food shopping trips or pay for one item at a time at self-service!)
    • Gazza9999
    • By Gazza9999 7th Feb 18, 8:10 AM
    • 17 Posts
    • 6 Thanks
    Gazza9999
    I got Halifax 125 bonus a few months ago.
    • Mogley
    • By Mogley 7th Feb 18, 10:02 AM
    • 246 Posts
    • 197 Thanks
    Mogley
    I can't find anything about a minimum period the Halifax account has to be open for.
    Originally posted by Kim_13
    There is no minimum time period to hold the Halifax account. I took advantage of this 125 offer last year and switched out of the Halifax reward account as soon as I had my debit card and the switch bonus had been paid.
    You should pay attention to the needs of the moment - otherwise there is no future. But to ignore the future is foolish - living solely for the moment leaves nothing for when the next moment arrives.
    • CricketLady
    • By CricketLady 7th Feb 18, 10:58 AM
    • 21 Posts
    • 15 Thanks
    CricketLady
    Is TSB part of HBOS?
    Good morning everyone, I have an old TSB account that I haven't used for ages - would switching this into my existing Halifax Reward Current Account qualify me for the 125 or is TSB part of HBOS? I did ask Halifax's online chat just now, but he simply gave me the link that I've already read. Doing the Google has left me unsure (it usually does.) Many thanks!

    Edited to say that I haven't ever received a switching incentive from Halifax, I just opened an account with them back in 2011.
    Last edited by CricketLady; 07-02-2018 at 10:59 AM. Reason: listed in post.
    • soulsaver
    • By soulsaver 7th Feb 18, 11:15 AM
    • 1,669 Posts
    • 657 Thanks
    soulsaver
    Good morning everyone, I have an old TSB account that I haven't used for ages - would switching this into my existing Halifax Reward Current Account qualify me for the 125 or is TSB part of HBOS? I did ask Halifax's online chat just now, but he simply gave me the link that I've already read. Doing the Google has left me unsure (it usually does.) Many thanks!

    Edited to say that I haven't ever received a switching incentive from Halifax, I just opened an account with them back in 2011.
    Originally posted by CricketLady
    TSB isn't part of HBoS but it doesn't matter even if they were, if the terms don't exclude them.
    • Kim_13
    • By Kim_13 7th Feb 18, 1:11 PM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    Good morning everyone, I have an old TSB account that I haven't used for ages - would switching this into my existing Halifax Reward Current Account qualify me for the 125 or is TSB part of HBOS? I did ask Halifax's online chat just now, but he simply gave me the link that I've already read. Doing the Google has left me unsure (it usually does.) Many thanks!

    Edited to say that I haven't ever received a switching incentive from Halifax, I just opened an account with them back in 2011.
    Originally posted by CricketLady
    The terms exclude Bank of Scotland accounts, a TSB account is fine to qualify for the offer.
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • Bobblehat
    • By Bobblehat 7th Feb 18, 1:12 PM
    • 120 Posts
    • 78 Thanks
    Bobblehat
    Well ... that was the easiest/fastest online application for a switch incentive I've ever done ..... and I've done a few

    Due to having to wait for the NatWest bonus which won't come until after the Halifax offer ends, I decided to use the TSB account instead for the switch ... I've already got the TSB 130 bonus. The difference in the other rewards from the TSB vs the rewards from the Halifax was too small to worry about.

    Hopefully another easy switch bonus of 125

    Edit:- Forgot to mention, account opened immediately with s/code and acc no supplied at end of application!
    Last edited by Bobblehat; 07-02-2018 at 1:40 PM.
    • moneyfoolish
    • By moneyfoolish 7th Feb 18, 3:03 PM
    • 501 Posts
    • 295 Thanks
    moneyfoolish
    Unfortunately I got 200 from switching to Halifax from NatWest in November 2014 and have been getting 5 and then 3 ever since so I've had it! I could still switch to the HSBC or M&S offers but I have noticed that since I made the switches to Yorkshire and NatWest that my credit rating has gone down a bit.
    Last edited by moneyfoolish; 07-02-2018 at 3:05 PM.
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