Newest Review: ... The username was provided to me as it is a unique number as opposed to say your email address or something else you choose. This creates a ... more
Halifax On-line does exactly what it says on the tin
Member Name: neildey
Advantages: Good security process, vision of multiple accounts
Halifax online is an excellent site in my opinion.
I recently signed up for the Reward current account which gives you £5 per month as long as you pay in £1000 per month. Importantly this can come from any source, it does not need to be your salary, and it does not need to stay in for any length of time either. Tip: Pay £1000 from another account if you want to and set up your biggest direct debit payments from the Halifax then it`s job done.
I have digressed slightly as this review is about the on-line service. To get on-line you must first open any account and deposit £100 at a local branch of Halifax or Bank of Scotland (both companies are merged and are owned by LLoyds TSB).
When you`ve done that they will issue you with a user name of your own choice and a temporary password. As soon as you log in it will ask you for this and then get you to provide several pieces of memorable information. At this point its wise to change your pass-word to something easier for you to remember.
Why I like this system is because it gives you an extra security process which gives you a little more safety.
When on-line its easy to set up direct debits, standing orders or regular payments.
Another feature is that it shows details of any other Halifax accounts you may have. For example I have 2 mortgages and they both show on-line so you can see at an instant your repayment history.
All in all an excellent site in my opinion.
One word of caution, if you open a Halifax reward account, don`t be tempted to upgrade it as they hit you with silly costs for useless benefits. AND DO NOT GO OVER-DRAWN AS THE CHARGES ARE RIDICULOUS.
Summary: Excellent on-line facility