If you earn over ?1000 each month and pay into this account, halifax pays ?5 each month. Great product.
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"I just thought I would leave my review as I did extensive research before settling on Halifax, and hope that this might help someone else.
I have pretty bad credit (hence looking at the Easy Cash account) and needed to change bank accounts. I applied for an easy cash account online, so far so easy. I didn't have any trouble at all filling out the information and when I was done I was informed that I would receive a letter shortly informing me of my next move.
"I have the £5 a month Reward Current Account with Halifax and overall I'm very happy with it, £100 for switching and the £5 a month reward are the highlights.
There are things you need to be careful of though which weren't made clear like the £1 a day overdraft charges and loss of bonus.
I've found that some of the staff in branch are very salesy as well but then you get that everywhere i suppose."
"Good rates of interest"
"If you pay in £750 a month then you get £5 a month payment. I joined during the £100 incentive period where you need to have two direct debits coming out a month whoch you've transferred from your other account.
Overall I have been fairly satisfied. However due to problems with a transfer of my standing orders/direct debits I have marked them down. They are worth going for once transfer is complete"
"Pay out 2 direct debits a month and in £1000 and they will give you £5 a month. Better than you would get with interest"
"For many years I banked with SMILE, but I started to get a little worried about the current state of the Coop Bank - so I decided to switch to a Nationwide Flexplus Current Account. Why I haven't switched sooner, I don't know. The switch went very smoothly with all my Credits and Direct Debits working faultlessly and - guess what - I get paid interest on my current account. The very reason I started banking with SMILE all those years ago. Perhaps Nationwide should..." more
"I moved to nationwide after 17 years with NatWest. I moved because of the 5% Interest rate on the flex direct current account 13 months ago. I have never looked back since then. I absolutely love it. I have mobile and online banking which I find quite secure, accessible and easy to navigate. I have had no problems with them. They make it so easy to carry out transactions and I just find my relationship with them so smooth. I have no regrets. Even though my interest..." more
"This account is great primarily because you get 3% interest on savings of up to £20,000. You can also earn cash back on many purchases and expenditure on Santander mortgages. You need to have an income of £500 every month and set up some direct debits. For the income it's ok if you just transfer £500 out of your account and transfer the same money back in."
"I applied for an account with these monkeys online and was told that I was accepted and to wait for them to contact me. I received a phone call saying that I should take my ID to my local branch. I took my ID and was told that my application had been rejected even before they looked at my ID. I told them that I had been called and told to bring my ID. They insisted that no one would have made such a call. In other words I was a liar. I showed them their number in..." more
"After 15+ yrs with this bank and a spell of unemployment they withdrew my banking facilities and gave me 2 hrs to clear out any funds. All after allowing me to run up a £3500 overdraft while out of work. I later found out that I should have had 30 days notice in writing. Poor service, bad internal communications. Certainly not 'a family member' as their recent advertising implied. I am now complaining to the Financial Ombudsman.
I recommend ALL phone calls..." more
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