Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • Yvette394
    • By Yvette394 13th Mar 18, 7:18 AM
    • 401Posts
    • 1,134Thanks
    Yvette394
    Has anyone won with Halifax Savings?
    • #1
    • 13th Mar 18, 7:18 AM
    Has anyone won with Halifax Savings? 13th Mar 18 at 7:18 AM
    I am hoping to sell my BTL flat this year and have been thinking about putting some of it in the Halifax. I'm tempted by the prize draw they have each month but wondered if anyone had won this to date. I have PB's and also 2 Family Windfall bonds and love the thought of winning something.
    Mar Wins - Lash lift, toy, Cake Hamper 70

    Wins 2013 3996, 2014 1125, 2015 2906, 2016 3058 2017 1025 2018 85
Page 1
    • PeacefulWaters
    • By PeacefulWaters 13th Mar 18, 7:25 AM
    • 8,320 Posts
    • 10,638 Thanks
    PeacefulWaters
    • #2
    • 13th Mar 18, 7:25 AM
    • #2
    • 13th Mar 18, 7:25 AM
    Halifax publish a list of winner locations for the big prizes.

    All published prizes are paid out in full every month.

    A few years ago I estimated the value of the prize pot to be 0.03% to a saver with exactly 5,000 saved. With more savers registered I'd assume that figure would be lower today.

    Given the typical Halifax savings account rate and the low odds of winning their Prize Draw, I'd suggest Premium Bonds is a better place for your money if you've not got 50k yet. Or just put 5k in Halifax and get a better return for your money elsewhere on the rest and buy lottery tickets with your interest.

    https://www.saversregistration.co.uk/history-of-the-draw
    Last edited by PeacefulWaters; 13-03-2018 at 7:30 AM.
    • Alexland
    • By Alexland 13th Mar 18, 8:50 AM
    • 2,388 Posts
    • 1,790 Thanks
    Alexland
    • #3
    • 13th Mar 18, 8:50 AM
    • #3
    • 13th Mar 18, 8:50 AM
    I really wouldn't suggest this promotion should be in any way part of your decision on where to put your money.

    Put your money in the best place and then if it has this offer that's a bonus.
    • keiran
    • By keiran 13th Mar 18, 10:46 AM
    • 426 Posts
    • 217 Thanks
    keiran
    • #4
    • 13th Mar 18, 10:46 AM
    • #4
    • 13th Mar 18, 10:46 AM
    Why doesn't Halifax raise rates for all savers instead of running this gimmick?
    • Alexland
    • By Alexland 13th Mar 18, 11:46 AM
    • 2,388 Posts
    • 1,790 Thanks
    Alexland
    • #5
    • 13th Mar 18, 11:46 AM
    • #5
    • 13th Mar 18, 11:46 AM
    Because they are trying to confuse savers who cannot determine the limited value of this offer.
    • PeacefulWaters
    • By PeacefulWaters 13th Mar 18, 5:45 PM
    • 8,320 Posts
    • 10,638 Thanks
    PeacefulWaters
    • #6
    • 13th Mar 18, 5:45 PM
    • #6
    • 13th Mar 18, 5:45 PM
    Why doesn't Halifax raise rates for all savers instead of running this gimmick?
    Originally posted by keiran
    Because the increase would be minescule.
    • sam_scott
    • By sam_scott 21st Mar 18, 7:57 PM
    • 30 Posts
    • 4 Thanks
    sam_scott
    • #7
    • 21st Mar 18, 7:57 PM
    Nope...
    • #7
    • 21st Mar 18, 7:57 PM
    Nope...I've taken my savings out of Halifax and moved to better paying interest rate accounts - this higher interest is in effect my winnings...
    • SeeMe
    • By SeeMe 21st Mar 18, 9:21 PM
    • 90 Posts
    • 15 Thanks
    SeeMe
    • #8
    • 21st Mar 18, 9:21 PM
    • #8
    • 21st Mar 18, 9:21 PM
    Yes i won a prize of 100 just over 3 years ago but have now moved my savings from the halifax, i got a letter i had to sign for so was hoping it was for a much bigger prize.
    Last edited by SeeMe; 21-03-2018 at 9:23 PM.
    • Xenon
    • By Xenon 22nd Mar 18, 5:21 PM
    • 78 Posts
    • 130 Thanks
    Xenon
    • #9
    • 22nd Mar 18, 5:21 PM
    • #9
    • 22nd Mar 18, 5:21 PM
    I was entered for a few years - realised i was wasting my time and money and stopped.
    • polymaff
    • By polymaff 22nd Mar 18, 5:32 PM
    • 2,082 Posts
    • 907 Thanks
    polymaff
    Why doesn't Halifax raise rates for all savers instead of running this gimmick?
    Originally posted by keiran
    That's what the Halifax has come to. Sic Transit Gloria Mundi.

    Incidentally with Fred Flintstone and Top Cat being so ecstatically portrayed in their promotional gimmickry, I did ask at my local branch if there were any special rates they might offer me should I, a male, come into the branch without trousers on.

    Still waiting for a response
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,065Posts Today

7,784Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin