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.
To qualify for the £125, use the Current Account Switch Service to transfer and close your old account held elsewhere. Start your switch by 5th April 2015. Excludes anyone who's had £100 for switching to Halifax since January 2012.
To qualify for the £125 switching offer ("the offer") you must use the 'Current Account Switch Service' and meet the following conditions:
You are not eligible for this offer if you have received £100 for switching to a Halifax bank account at any point since January 2012.
Customers switching a Bank of Scotland bank account to Halifax are not eligible for the offer.
|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) and take a look at our rates, rewards and fees.
We may monitor and record calls.