Everyone goes on about you get a fiver every month, but you don't. If you pay in £1k+ you simply get £5 off the £15 fee so pay £10 per month. Features aren't fabulous unless you have a car. Make sure you read the ts&cs carefully. Claimed on mobile insurance last year they repaired my phone for £25. funnily enough a month later it went up to £100 per claim. 4 months after they repaired the phone. It completely stopped working. Called them up only to be told you should have told us within 2 weeks of your claim, and I would have to pay £100 to claim again as I've got an iPhone. Forget that went to apple and traded my broken handset in for a new phone same model for £114 with 3 months warranty. Will not claim again (but I guess they want us to do that but still pay for the 'reward' and considering moving banks because of it.
hi Sophie 87the halifax .reward account pays you £5 a month after tax,providing you pay in £1000 a month.the ultimate reward account ,you pay them £10 a month providing you pay in £1000 a month.if your not happy with them write to them stating your grievances,if you can find a mistake they made ,make it a complaint.they don't like complaints. I made a complaint to them for not recieving a investment cirt.and got £80 for the inconvenience it caused me.
Thanks for this however I am reviewing the ultimate reward and not the reward current account in which you don't get the £5. Would be nice if you did :)
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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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