Nearly half of UK households say that they would struggle to cope if their monthly outgoings rose by £99. We look at how you can create some financial 'breathing space' to help you out if you lose your job or become ill.
Current accounts: Halifax relaunches £100 switching bonus
Current accounts: Halifax relaunches £100 switching bonus
Current accounts: Halifax relaunches £100 switching bonus
Apply to move your current account over to Halifax and you could pocket £100 as a welcoming bonus!
Halifax has relaunched its £100 switching bonus for new current account customers.
If you apply through Halifax’s website or through the bank’s branches, you will pocket £100 that very day. That’s a lot quicker from switching bonuses from other banks, which typically require you to have the account for a couple of months first.
The switching bonus was first offered back in January, and clearly helped sell Halifax’s accounts to the general public – the bank claims 80,000 people switched to Halifax in the first quarter of this year, almost double the number moving during the first quarter of 2011.
This latest bonus runs until 15th July.
When it comes to current accounts, I’m a big fan of Halifax’s Reward Account. You can find out why in Earn £60 a year from an empty current account!
Get £200 from First Direct
Halifax is not the only bank offering a switching bonus. You can also get £100 from First Direct for taking out the bank’s award-winning 1st Account. And if you don’t like the account or the service you receive, if you choose to leave within the first 12 months you’ll get ANOTHER £100.
So £100 for an account that you like or £200 if you choose to move on!
For more on the 1st Account, check out The sexiest bank account in Britain.
More on current accounts
Clear your overdraft in three weeks
Should free banking be abolished?
Packaged accounts: is your current account worth paying for?
Santander 123 account vs Halifax Reward account: the most rewarding current account
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