Found out last night that Halifax are going to be charging a £3 monthly fee for the reward current account unless £1,500 a month is paid in.
It used to be pay in £750 a month, pay two direct debits for a £2 monthly bonus.
But they will offer a £5 monthly bonus only if there is a balance of £5,000 or spend £500 a month on the card but people can more interest elsewhere on the 5k?
I wonder how many people will switch away due to this?
I’ve only kept the account open to pay in cheques but no longer have a need as Starling now offer this feature.