Halifax Savers Prize Draw
Halifax rewards savers like no one else. No other bank gives you the chance to win a cash prize every month just by saving, so it really could pay to save with Halifax. There are more than 1,000 prizes in every monthly draw and three lucky customers could win a fantastic top prize of £100,000.
Here's a breakdown of the monthly prizes:
|Dec 2013||Jan 2014||Feb 2014||Mar 2014|
|3 x £100,000||3 x £250,000||3 x £100,000||3 x £100,000|
|-||10 x £5,000||-||-|
|100 x £1,000||100 x £1,000||100 x £1,000||100 x £1,000|
|1,000 x £100||1,000 x £100||1,000 x £100||1,000 x £100|
|Total £1,000,000||Total £500,000||Total £500,000|
And remember, you only need to register once to be entered into all future draws, so what are you waiting for?
How to register and qualify
How to register
Registering is easy and you only need to do it once to be entered into all future monthly draws where you meet the qualifying criteria. You simply need to:
- Read the full Halifax Savers Prize Draw rules (PDF)
- Complete the simple online registration form, with your qualifying savings account details to hand, by the last day of the month to be entered into the next draw - which will take place by the third working day of the month.
If you don’t register you won’t be entered.
How to qualify
There are just a few things you need to qualify for our Halifax Savers Prize Draw:
- You'll need to hold one or more qualifying Halifax or Bank of Scotland savings accounts.
- You'll need to keep a total balance in your qualifying accounts of at least £5,000 for the whole calendar month before each draw. For example, to be in the April 2014 draw, savers must keep a total balance of £5,000 in one or more qualifying savings accounts from 1st to 31st of March 2014 inclusive.
- Be over 18, and live in England, Wales or Scotland.
For joint accounts, each account holder must register individually if they want to enter, and the money held in the joint account will be treated as being split equally between each account holder for the purpose of calculating the qualifying balance. And the draw is limited to one entry per customer, so multiple registrations will not be counted.
Frequently asked questions
Why isn't the Prize Draw available overseas or in Northern Ireland?
Under the Gambling Act 2005, we are permitted to offer this type of Prize Draw in England, Wales and Scotland. Different legislation applies to overseas and Northern Ireland, so unfortunately it's not possible to offer the Prize Draw outside England, Wales and Scotland.
Why is there a requirement to hold £5,000 in order to enter the Prize Draw?
The minimum balance was set at £5,000 when we launched the Draw in 2011. This is to encourage customers to get saving towards a target roughly similar to the current cash ISA allowance. The £5,000 can be held across a number of qualifying accounts and so this could be over a combination of easy access, fixed or cash ISA accounts.
Are investment funds counted towards the £5,000 savings balance requirement?
No, eligible balances must be held in qualifying Halifax and/or Bank of Scotland personal retail savings accounts, excluding children's accounts. Balances can be held in one or more accounts. Funds held in investment products, such as Stocks & Shares ISAs including ISA Investor, are not counted towards the £5,000 savings balance requirement.
Does money in a current account count towards the £5,000 savings balance requirement?
No, any balances held in current accounts will not be counted towards the £5,000 savings balance requirement.
Do I have a greater chance of winning if I register more than once?
No, you won't have a greater chance of winning if you register more than once. Entries are limited to one per person per month. If we receive multiple entries, then only the last entry received will be entered into the draw.
If I have several savings accounts, do I need to register each one separately?
No. Entries are limited to one per person per month regardless of how much you have saved, or the number of savings accounts you hold. You only need to register using one of your accounts and we will calculate your qualifying balance from all of your accounts.
How do funds held in joint savings accounts count towards the £5,000 savings balance requirement?
If funds are held in joint accounts, then the balance will be split equally between each account holder when calculating each account holder's qualifying balance. For example, where there are two joint account holders this will be 50%. Each account holder will need to register separately if you both want the chance to win.
How will winners be notified?
After the draw has been completed (by the end of the third working day of each month) and the independent adjudicators have approved the results, winners are notified individually by letter using recorded delivery. Winner letters will be sent before the end of the month of the draw, to the address held on our records.
How do I claim my prize?
Winners will be asked to visit their local branch to claim their prize. Please read the identification and verification information in the letter to ensure you take the correct documentation with you. Winners will also be given the Prize Draw Helpline number in case of difficulty getting into a branch. Please note that branch colleagues will only be able to confirm prizes once all of the final checks have been satisfactorily completed.
Can I see a list of winners?
You can see an interactive map of winners or get the list of winners for the previous 6 months, by name and county on our Winners near me website. The list can also be requested from any of our branches. The list will be mailed direct to you by the Prize Draw Team.