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Halifax brings back £125 current account switching offer

25th June 2017 Print

Halifax has brought back its popular £125 current account switching offer with the return of its TV advertising campaign. The campaign which also features cinema advertising, outdoor and social media will run until the end of July.

Customers who switch their current account to Halifax from elsewhere using the CASS (Current Account Switching Service) before July 31st 2017 will benefit from a £125 switching bonus. Switching is fully automated, with all payments and direct debits automatically transferred. The £125 switcher bonus is paid into the account before switching completes, within seven working days. 

Halifax Current Accounts spokesperson Emma Greenwood said: “We are delighted to be bringing back the hugely popular £125 switching offer, which gives customers another opportunity to become better off with Halifax. We’re constantly seeking ways to deliver great products and services to our customers in a way that works best for them.”

An extra rewarding switch

Those who switch to the Halifax Reward Current Account can earn over £161 during the first year, making a switch to Halifax one of the most rewarding offers on the market in the first 12 months, including:

£125 switching bonus, paid prior to completion of the seven working day switch

A further £36 a year paid in 12 x £3 monthly payments when customers pay in a minimum of £750 a month, pay two direct debits a month, and remain in credit

Online and mobile banking customers can also earn cashback with top retailers with Halifax Cashback Extras

The latest official figures released by BACS showed that Halifax is the most switched to bank on the high street. The latest data – published six months in arrears – showed that Halifax gained more new customers from July to September 2016 than any other bank or building society, a net gain of over 28,000 new customers.

More than half a million customers have now switched to Halifax since the introduction of the Current Account Switch Service (CASS).