The Current Account Switch Guarantee ensures your current account switch will complete in 7 working days, you can choose this date. Your payments will be automatically transferred and redirected to your new account, and in the unlikely event you incur any charges on your old or new bank account due to an error or delay, you will be refunded in full when this is brought to our attention.
Use the Current Account Switch Service and close your old account held elsewhere. If you've had cashback for switching since January 2012, we're sorry but you don't qualify.
To qualify for the £100 switching offer you must use the ‘Current Account Switch Service’ and meet the following conditions:
You are not eligible for the offer if you have previously received any other offer or benefits for switching to a Halifax bank account at any point since January 2012 or if you're a Bank of Scotland bank account customer switching to the Halifax.
You are not eligible for the offer if the bank you are switching from does not participate in the Current Account Switch Service. To find out if your bank participates, visit the Payments Council website.
What else do you need to know?
|If you...||...your daily fee will be|
|use a planned overdraft up to and including £1,999.99||£1 a day|
|use a planned overdraft of between £2,000 and £2,999.99||£2 a day|
|use a planned overdraft of £3,000 and over||£3 a day|
|use an unplanned overdraft||£5 a day|
If you are overdrawn by £50 or less our overdraft buffer means you won’t pay any planned or unplanned overdraft fees. Overdrafts are subject to application and approval, and are repayable on demand.
If you use a planned overdraft of £1,200, then we'll charge you a daily fee of £1.
This will be paid each month if you pay in £750 or more, pay two different direct debits and remain in credit throughout the previous calendar month. This payment is ‘net’ of income tax, which means we pay it after taking off income tax at the rate set by law (currently 20%). If you’re a higher-rate taxpayer you may have to pay extra income tax on the reward payment. The gross amount is £6.25 - this is the amount before income tax is taken off.
For more information and terms & conditions for this current account read the Reward Current Account Getting Started Guide (PDF). We’re making some changes from 22 November 2015 to the conditions of our bank accounts, read the Guide to Changes section of the Getting Started Guide for more details.
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