Halifax customers are in with even more chances to win £100,000 next month

The Halifax current account and savings accounts were recently rated as excellent by the experts at Moneyfacts. While the £100,000 prize draw is free to enter, there are rules to note in order to be entered.

Customers who switch to the Halifax Reward Current Account can choose from a £5 monthly payment or a lifestyle benefit each month.

While the account comes with a £3 monthly fee, this is waived if people pay in at least £1,500 per month.

Anyone who opens a current account can also open a savings account where they will be entered into the Halifax Savers Prize Draw.

Halifax is offering even more chances to win in June.

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Although the draw is free to enter, customers need to register on the app, through online banking, or in branch.

They will also need to have £5,000 or more in savings deposited into their account for a whole calendar month.

So to be in with a chance to win in June, £5,000 must be in the account for the entire month of May.

Providing this criteria is met, all Halifax and Bank of Scotland savings accounts qualify, with the exception of children’s savings accounts.

The Halifax Reward Current Account and Ultimate Reward Account were recently rated as excellent by finance experts at Moneyfacts.

Rachel Springall, finance expert at Moneyfacts.co.uk, said: “Halifax has launched a new switching incentive of £125 for consumers who switch to either the Reward Current Account or Ultimate Reward Current Account.

“The Reward Current Account may appeal to consumers looking for incentives as this account allows them to choose either a £5 net reward payment or a lifestyle benefit each month.

“The account charges a £3 monthly fee, but this is waived for those who can credit the account with at least £1,500 per month.

“On balance, the account earns an Excellent Moneyfacts product rating.”

What does the Halifax account offer?

  • Choose from a £5 reward or a lifestyle benefit each month
  • Up to 15 percent cashback from selected retailers
  • Account fee of £3 per month, waived if account credited with at least £1,500 per month

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