LONDON, UNITED KINGDOM — (Marketwire) — 06/27/12 — Halifax has today announced the return of its leading to customers moving their current account to the bank.
Halifax is still the only major bank that will pay branch customers GBP 100 on the day that they start the switching process. Typically, other providers either pay nothing or only credit an account after the switch has completed, or if their service they provide has been inadequate.
The offer, which is available until 15 July returns on the success of the same offer which first launched in January this year. During the first quarter of 2012, over 80,000 customers moved their current account to Halifax, nearly double those who switched in the same period last year.
Of those that switching during the January and February:
Anthony Warrington, director of current accounts, Halifax said, “In the first three months of this year, over 80,000 customers moved their current accounts to Halifax, nearly double the same period last year. This shows that customers are being savvier, more mobile, and are willing to change their accounts when it makes them better off.
Customers switching to the will benefit not only from GBP 100 on the day they start the move, but will receive an ongoing GBP 5 monthly reward when they credit the account with GBP 1000.”
Customers that switch in branch to a new will benefit from:
Customers do not need to hold any other products with the bank in order to benefit from the full GBP 100. Halifax also guarantees that it will help customers to move to another bank if they are not satisfied with the service that they receive. Digital and telephony customers will benefit from GBP 100 once the switching process has started.
In addition, customers taking out a new Halifax Clarity card in branch or by telephone before 14 July will receive GBP 5 for every full GBP 500 of existing balances they transfer to the card, up to a maximum of GBP 40 cashback.
This is in addition to the GBP 5 that qualifying Halifax current account holders can receive every statement month that they spend GBP 300 or more on their Clarity card, earning them up to GBP 60 every year.
The Clarity Card, which offers a rate of 2.9% APR for 16 months on balance transfers, does not charge any usage fees, which means that unlike some balance transfer deals, customers transferring to Clarity do not incur a fee.
Notes to editors:
Clarity card offer:
Contacts:
Halifax
Halifax customer services
08457 39 49 59