Thursday April 2, 2020

Halifax eyes cash incentives for customers

The country’s main banks are preparing themselves for a major swoop by Halifax that could see the new entrant offer cash payments of up to €150 to customers who switch their current accounts.

17th February, 2007

The move to offer a cash incentive to transfer accounts to Halifax would represent the most aggressive push in the battle for current account customers since new industry rules to encourage switching were introduced in 2005.

Halifax, which traded as Bank of Scotland (Ireland) until recently, began rolling out its Irish branch network from scratch a little over a year ago. Its product range had been confined to mortgages, personal loans and savings offerings, as technical...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago