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From today, consumers can earn £100 in cashback simply by switching to a Halifax Reward Account or Ultimate Reward Current Account using the Current Account Switching Service.
In addition to the £100 cashback, eligible customers that switch to the Halifax account can also choose from one additional reward from the following:
The Halifax Reward Current Account allows customers to earn up to 15% cashback from selected retailers when using their card. To qualify for the rewards, customers must pay £1,500 into the account each month, stay in credit and either spend £500 on their debit card or maintain a balance of £5,000 each month – if this criteria is not met, the account charges a monthly fee of £3.
The Ultimate Reward Current Account also enables customers to earn 15% cashback from selected retailers, as well as a range of additional benefits including worldwide travel insurance and mobile phone insurance. This account charges a monthly fee of £17.
Commenting on the launch of the switching offer, Martin Turner, head of personal current accounts at Halifax, said: “Our Reward and Ultimate Reward accounts are already a popular choice for switchers, and now new applicants will receive £100 when they switch to us using the industry switching service. Both continue to reward customers with a choice of fantastic lifestyle benefits, from monthly movie streams to magazine downloads.”
Along with this switching offer from Halifax, HSBC, first direct and Virgin Money are also offering switching offers.
Bank and account name | Switching offer and requirements* | Find out more |
HSBC Advance and Premier Bank Account | £125 for new accounts when a minimum of two direct debits or standing orders are switched using the Current Account Switching Service within 30 days of opening. | Go to provider’s site. |
first direct 1st Account |
£100 for accounts switched using the Current Account Switching Service. Must pay in at least £1,000 within three months. |
See our bank accounts chart. |
Virgin Money M Plus Account | 12 bottles of luxury wine from Virgin Wines and £50 to donate to any Virgin Money Giving charity OR 15,000 Virgin Red points for accounts using the Current Account Switching Service. Customers also need to register for the mobile app, set up two direct debits and pay at least £1,000 into a linked savings account with 31 days of opening the Current Account. | See our bank accounts chart. |
For information about switching bank accounts, read our guide on how to switch current accounts.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
If you are a business owner in today’s world, it is likely you are searching for ways to reduce costs. Since early 2020, businesses have weathered many storms – the COVID-19 lockdowns and supply chain issues being just two. Fortunately, there is one under-used yet effective way for both businesses and employees to save money, and that is through “salary exchange”.
If you are a business owner in today’s world, it is likely you are looking for ways to cut costs. Fortunately, there is the option “salary exchange”.
Lloyds Bank will incentivise any customers switching from another bank to its Club Lloyds or Club Lloyds Platinum Account with a £125 cash bonus. The offer is available with immediate effect and is only available through the Current Account Switch Service (CASS) until 27 June.
Lloyds Bank will incentivise any customers switching from another bank to its Club Lloyds or Club Lloyds Platinum Account with a £125 cash bonus.
Britain’s GDP contracted by 0.1% in March, according to data released by the Office for National Statistics (ONS) today. “The March decline highlights the pressure the economy is now coming under from the cost of living squeeze and the danger of it falling into outright recession later this year,” said Rupert Thompson, Investment Strategist at Kingswood. The services sector, which includes contributions from education, arts and entertainment, and food service among others, fell 0.2% last month and was the main contributor to this decline.
Britain’s GDP contracted by 0.1% in March, according to data released by the Office for National Statistics (ONS) today.
If you are a business owner in today’s world, it is likely you are searching for ways to reduce costs. Since early 2020, businesses have weathered many storms – the COVID-19 lockdowns and supply chain issues being just two. Fortunately, there is one under-used yet effective way for both businesses and employees to save money, and that is through “salary exchange”.
If you are a business owner in today’s world, it is likely you are looking for ways to cut costs. Fortunately, there is the option “salary exchange”.
Lloyds Bank will incentivise any customers switching from another bank to its Club Lloyds or Club Lloyds Platinum Account with a £125 cash bonus. The offer is available with immediate effect and is only available through the Current Account Switch Service (CASS) until 27 June.
Lloyds Bank will incentivise any customers switching from another bank to its Club Lloyds or Club Lloyds Platinum Account with a £125 cash bonus.
Britain’s GDP contracted by 0.1% in March, according to data released by the Office for National Statistics (ONS) today. “The March decline highlights the pressure the economy is now coming under from the cost of living squeeze and the danger of it falling into outright recession later this year,” said Rupert Thompson, Investment Strategist at Kingswood. The services sector, which includes contributions from education, arts and entertainment, and food service among others, fell 0.2% last month and was the main contributor to this decline.
Britain’s GDP contracted by 0.1% in March, according to data released by the Office for National Statistics (ONS) today.
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