Just a heads up that Halifax are increasing their current account signup bonus to £125 from Tuesday. The bonus is paid within three workings days of a successful transfer using the bank switching service.
For their basic current account - no major conditions e.g. no direct debits needed and no minimum paying in amount per month.
If you want to earn an additional £5 per month (on top of the £125 one off bonus) opt for the Reward Current Account. The conditions to get the additional £5 per month is paying in £750 a month into the account + 2 Direct Debits + staying in credit for that month.
Top comments
karlie88
5 Feb 1614#4
Ta OP.
Easiest switch incentive to complete IMO. Easy and quick online application, a simple online switch form and payment typically a day or 2 after the completion date.
Easiest switch incentive to complete IMO. Easy and quick online application, a simple online switch form and payment typically a day or 2 after the completion date.
M&S Bank on the other hand...:confused:
mercslkman
5 Feb 161#5
am sure I read a thread on here the other week were someone said it effects your credit rating
maccy1 to mercslkman
5 Feb 165#6
I've swapped a few and it's been ok on mine mercsman :smile:
karlie88 to mercslkman
5 Feb 162#9
Space out current account applications and don't apply for overdrafts where possible, this should minimise the impact (if any) on your credit score.
There is no credit interest on their current accounts, although I'm sure they offer unbeatable debit interest rates.
They do offer 4% on their HTB ISA.
andreasuk to mercslkman
5 Feb 16#48
it does affect your credit rating as they keep track how old your average current accounts are
It might not affect it too much but it will affect it negatively to an extent
maccy1
5 Feb 1611#7
Heat added chichi, who can turn down free money?...
This time next year...
...you'll be a millioncookieaire :laughing:
Ujval
5 Feb 161#8
whats the interest rate on the account?
howdiefellas to Ujval
6 Feb 16#53
0% but they give £5 per month if in credit and you pay more than £750 in per month.
Opening post
For their basic current account - no major conditions e.g. no direct debits needed and no minimum paying in amount per month.
If you want to earn an additional £5 per month (on top of the £125 one off bonus) opt for the Reward Current Account. The conditions to get the additional £5 per month is paying in £750 a month into the account + 2 Direct Debits + staying in credit for that month.
Top comments
Easiest switch incentive to complete IMO. Easy and quick online application, a simple online switch form and payment typically a day or 2 after the completion date.
M&S Bank on the other hand...:confused:
Reminder of the bank megathread from Karlie88
This time next year...
...you'll be a millioncookieaire :laughing:
All comments (177)
Reminder of the bank megathread from Karlie88
Easiest switch incentive to complete IMO. Easy and quick online application, a simple online switch form and payment typically a day or 2 after the completion date.
M&S Bank on the other hand...:confused:
There is no credit interest on their current accounts, although I'm sure they offer unbeatable debit interest rates.
They do offer 4% on their HTB ISA.
It might not affect it too much but it will affect it negatively to an extent
This time next year...
...you'll be a millioncookieaire :laughing: