Halifax offers switching bonus

Fix energy prices until 30th September 2017

Looking to switch your business energy supplier? Click here

Use our OFGEM accredited comparison tool to compare the whole market today.

Consumers switching their current account to Halifax will receive a £100 payment into their new account, the high street bank has announced.

The bank says that the bonus will apply to anyone switching to any of its mainstream accounts, not just those opening up a high interest current account. Halifax claims that it pays six per cent interest in its high interest current accounts, compared to the 0.10 per cent the Big 4 High Street banks generally offer.

It says that consumers therefore miss out on around £1 billion every year on interest payments as a result.

Halifax also says that customers could get an extra £25 by signing up to get a Halifax One Credit Card.

"Why stick with a current account that is costing you £60 each year in lost interest? Switching has never been easier, now it's never been more worthwhile," Paul Marriot-Clarke, Halifax head of banking, said.

"The extra £25 bonus for switching a credit card means there's little reason to keep poor value products. Switching both now could make you over £250 better off next year."

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.