{"id":220247,"date":"2025-06-28T03:07:20","date_gmt":"2025-06-28T03:07:20","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/220247\/"},"modified":"2025-06-28T03:07:20","modified_gmt":"2025-06-28T03:07:20","slug":"thousands-of-halifax-customers-told-to-withdraw-cash-and-close-accounts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/220247\/","title":{"rendered":"Thousands of Halifax customers told to withdraw cash and &#8216;close accounts&#8217;"},"content":{"rendered":"<p>Martin Lewis, the Money Saving Expert founder, has led criticism after Halifax announced a policy change.<\/p>\n<p>14:02, 27 Jun 2025Updated 14:02, 27 Jun 2025<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/0_halifax.jpg\" alt=\"Martin Lewis, the Money Saving Expert founder, has led criticism after Halifax announced a policy change.\" loading=\"eager\"  \/>Martin Lewis, the Money Saving Expert founder, has led criticism after Halifax announced a policy change.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Thousands of Halifax customers have been told to &#8220;CLOSE&#8221; their accounts and withdraw cash &#8211; in a major blow. <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.birminghammail.co.uk\/all-about\/bbc\" target=\"\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">BBC<\/a> and <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.birminghammail.co.uk\/all-about\/itv\" target=\"\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">ITV<\/a> star Martin Lewis, the Money Saving Expert founder, has led criticism after Halifax announced a policy change.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Taking to X, formerly Twitter, the 52-year-old Money Saving Expert founder and consumer champion explained: &#8220;Halifax Reward bank account customer? It&#8217;s going to ditch your main \u00a35\/mth perks. Its no longer worth it for most, full info&#8230;&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">It comes as Halifax is scrapping the key benefit of its &#8216;Reward&#8217; current account \u2013 the monthly reward. As it stands the Halifax Reward account is a current account that offers a monthly \u2018Reward Extra\u2019 perk if you meet a spending or saving criteria.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \"><a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.birminghammail.co.uk\/news\/cost-of-living\/state-pension-age-could-change-31943465\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\"><strong class=\"Strong_strong__e2x35\">READ MORE State pension age could change for millions born in the 1970s<\/strong><\/a><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">You\u2019ve been able to chose between \u00a35 in your account, 1 Vue cinema ticket or 3 digital magazines. You select one reward every 12 months, though you can also have three Reward accounts, meaning you could double or triple up on one perk, or mix and match.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">But in a shake-up, from 30 September 2025, anyone who is still earning a reward will stop receiving it. MSE warned: &#8221; Should everyone ditch the Halifax Reward account?<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">&#8220;If you&#8217;re due any monthly rewards, you should keep the account open until at least the end of October, when any remaining rewards will be paid out.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">&#8220;But after that, and for everyone else, it&#8217;s hard to see any killer benefits that justify sticking with the account \u2013 especially if you won&#8217;t meet the minimum pay-in of \u00a31,500 a month and end up paying the \u00a33 monthly fee.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">In reply to Mr Lewis, a Twitter\/X user said: &#8220;Sounds like Halifax Reward\u2019s done a runner with the good stuff\u2014better to know now than be stuck with empty perks and a fiver a month.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">&#8220;Halifax won\u2019t help me access my account as I can\u2019t find account number &#8211; 30 year old a\/c. They write to me every year but don\u2019t include no. on the corresp. I have all other details but their response (DM on X) was pretty much tough luck!&#8221; a second said.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">&#8220;They haven\u2019t told customers about this yet, but instead told of closure of prize saver draw (and that they\u2019re removing fees on purchases and withdrawals abroad),&#8221; a third agreed.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Another said: &#8220;have the \u00a35 reward when it was the free account and it was nice to get then they moved it to a paid account which I didn\u2019t have and now they\u2019ve taken it away. Things are just getting worse and worse.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Martin Lewis, the Money Saving Expert founder, has led criticism after Halifax announced a policy change. 14:02, 27&hellip;\n","protected":false},"author":2,"featured_media":220248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7820],"tags":[855,748,393,4884,16,15,961],"class_list":{"0":"post-220247","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-birmingham","8":"tag-birmingham","9":"tag-britain","10":"tag-england","11":"tag-great-britain","12":"tag-uk","13":"tag-united-kingdom","14":"tag-your-money"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114758788370412632","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/220247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=220247"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/220247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/220248"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=220247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=220247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=220247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}