Am I eligible?
You have to be 18 or over and put in £750 or more into your account each month; you’ll also need to have two direct debits set up.
You’re only eligible for the £100 switching offer if you move all of your active debits and credits from another bank and close that account. You won’t be eligible for the £100 offer if you’re simply moving from a Halifax Basic or Student Account or have had any other reward for switching to Halifax since 2012. And if you’re unlucky enough to be with a bank that doesn’t take part in the switching service, then you also won’t qualify for the £100 cash bonus.
You can only open a Reward Account in a single name so bad luck to anyone wanting a joint account and you can’t open one if you’re employed by the Lloyds Banking Group (but if you are – you probably knew that already).
It’s worth knowing that you’re not guaranteed an overdraft if you open a Reward Account, you’ll need to apply for that separately and whether you get one or not, will depend on your credit history.