Reward Current Account
To qualify for this offer just open a Reward Current Account and use our switching service to transfer all of your active direct debits (minimum of two) and other regular payments, along with all your automated credits.
Only one offer per customer (including joint accounts). Offer not available for existing Halifax or Bank of Scotland current account holders or if you have closed a Halifax current account in the last 6 months.
Also, if you’re successful in applying for a planned overdraft there’ll be no daily fees payable for 6 months - if you exceed your planned overdraft limit fees will apply. Changing to another current account will mean you’ll be charged fees applicable to that account.
Benefits & features
|£5 reward each calendar month||Just pay in your salary or other credits (minimum £750) each calendar month, pay out two different direct debits each calendar month and remain in credit throughout the previous month.|
|Simple overdraft fees||You'll pay daily overdraft fees rather than monthly interest, making it easy to manage your money.|
|£50 overdraft buffer||If you are overdrawn by £50 or less our overdraft buffer means you won’t pay any planned or unplanned overdraft fees.|
|Visa debit card||Your best way to pay – everyday, everywhere, for everything.|
|24/7 online and telephone banking||Day and night access to your account, so you can manage it whenever you want.|
|Access to our cash machines and branches||Withdraw up to £500, get mini statements, check your balance and top up your mobile from our cash machines.|
Your overdraft explained
|Planned overdraft||Unplanned overdraft|
|Daily fee||Amount of
|Up to and including £1,999.99||£1||All balances||£5|
|£2,000 to £2,999.99||£2|
|£3,000 and above||£3|
|So, if you use a planned overdraft of £1,200, then we’ll charge you £1 a day when you use it.|
With a Reward Current Account you won’t have to pay any other fees if you go overdrawn, so you need never worry. It makes perfect sense. What's more, we won't charge you any fees, as long as you pay in enough money to return your bank account back in credit by the end of the day.