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Halifax Online Saver
 

Hey guys,

Just quickly read the post using search on Halifax Online Saver I assume you just add it like a normal bank account, will receive the deposits in 2-3 days, add the amounts and I'm good to go right?

Thanks

Thats right bro - make sure it's an "Online Saver" should get deposits in 3-4 days i'd say, one of mine talk 4 days.

Niceone didn't know if there was another method.

I have 3 bank accounts with them and 1 online saver what is the maximum of each I can have?

I'm pretty sure i've heard someone mention 10 online savers - although i don't think its 10 online savers per bank account.

So you got 3 bank accounts it doesn't mean can you do 30 online savers - it's still 10.

I can get this confirmed later on i know someone who works at halifax.

So at the moment you assume 10 online savers, what about bank accounts?

If you can confirm and let me know would be great

Thanks

Alright no problem i'll prob speak to fella tnite or 2moro.

Dont forget to factor in other banks' account that you might already have.

There may be a need to consider that B4 opening further accounts.

Try to proceed with caution :peace:

Would we just add this account like any other current account? No workarounds are needed to use it with PayPal?

Yes that was answered in the second post by Thankful

I believe that's not quite correct. I remember seeing a post somewhere that says as soon as you have confirmed the deposits remove the account from PP. You then put it back when you want to download. The DD mandate is the problem.

Wait for someone else to confirm though as I may have it wrong

:ranger:

That is what I was worried about, and referred to with "workaround" in my post. I wanted to confirm that this was any different from the other savings accounts.

Me too

:ranger:

http://www.aspkin.com/forums/subscri...t-amounts.html

I think this is the post GrannyT from Cortex about 8 down.

Not sure what Cortex means about making a withdrawal as I wouldn't have any money in the account in the first place

GrannyT is spot on with this. If you dont follow this advice the bank account will get kicked and you wont be able to re-add.

Sent from my GT-P1000 using Tapatalk

Just to add to GB's already cautionary note.

Banks like any other financial institution these days monitor closely customer activities with their accounts. Current UK and EU law requires them to.

Whilst it may it be possible, and I emphasise may, to have a total of 10 of these accounts opening them in rapid succession and using them for a purpose for which they were not intended may bring unwarranted attention to all of your accounts with them.

As we all know Halifax is one of the best for our purposes but like anything that is over used or abused it can come to an end pretty quickly.

Open only what you need when you need it

What is the procedure for adding a saver?

What steps do I need to take to make sure that it doesnt get removed by PayPal?

There is no guarantee it won't at some point but if it does the account will stay verified.

Is there a method though to stop it being removed? or is it just luck of the draw?

Thanks

No there is no method to stop it being removed.

These savers were never intended to have dd mandates and the bank will remove it at some point. They should never really be used for p/p accounts that you intend to have a long term future.

i've tried to add on of these as a secondary account but all i'm getting is "We were unable to process your bank account registration at this time. We apologise for the inconvenience. Please try again at a later date". do these accounts still work?

There is a glitch in p/p's system that sometimes throws this up, it has nothing specific to do with any particular type of account or bank

Try it again tomorrow and it will probably be ok

I tried to to add another couple of basic accounts a week or so ago to a different account and got exactly the same message. I've got all my stealth details and I'm not bothered if I have to talk to them. I'll phone them tomorrow if it doesn't work.