To switch, 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.
Key information for existing Ultimate Reward Current Account customers, from details about your benefits to the account terms and conditions.
Alternatively, call us on 08457 20 30 40 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am-5pm or visit your local branch.
To open a joint account - fill in the short form at the end of your application.
For more information and terms & conditions for this current account read the Ultimate 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.
|You’ll pay...||If you...|
(The lower monthly account fee )
(The higher monthly account fee)
As well as the qualifying requirements set out in the above table, your Ultimate Reward Current Account must be open/not changed to another type of current account at the time the monthly account fee is due to be taken from your account.
We’ll take the monthly account fee from your account by the second working day of the following month.
Administered by FirstAssist Insurance Services and underwritten by Great Lakes Reinsurance (UK) PLC.
Cover includes your spouse, civil partner or partner who you live with (aged under 71) and children under 16 or under 23 and in full time education. Children are not covered for independent travel. Includes winter sports cover (people aged under 65) and golf trips. Medical exclusions apply to pre-existing conditions, although cover may be agreed by notifying the insurer. Please see the terms and conditions for full details.
Arranged and administered by STAMS Limited with a single insurance provider, Assurant General Insurance Limited.
Insurance at home and abroad if your mobile phone is lost, stolen or damaged. Excess is £100 for Apple iPhones, £30 for all other handsets.
Provided by Automobile Association Developments Limited (trading as AA Breakdown Services).
Breakdown assistance when you need it most. You're covered as a driver or a passenger in any eligible vehicle if you breakdown at home or on the roadside.
Underwritten by Inter Partner Assistance SA (IPA).
Cover from burst pipes to broken windows, get the help and repairs you need.
Provided by Lifestyle Services Group Limited.
Covers all financial cards – call us if they’re lost or stolen and we’ll arrange to cancel them.
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 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?
Your buffer limit is the amount we allow you to go overdrawn by without incurring any daily overdraft fees.
|Up to £50||N/A|
A planned overdraft is an agreed amount we allow you to go overdrawn on your account, which you arrange with us in advance of doing so.
The following daily fees apply to the various limits of a planned overdraft:
|Up to and including £300* (subject to approval)||N/A|
|£300.01 to £1,999.99||£1|
|£2,000 to £2,999.99||£2|
|£3,000 and above||£3|
*Remember if you do choose to use your Ultimate Reward Current Account overdraft, although you may not incur any overdraft daily fees up to £300, you’ll pay the full £15 monthly account fee if you have had a debit balance (planned or unplanned) by the end of any day during the calendar month.
An unplanned overdraft is an overdraft that’s not arranged with us in advance. You could go into an unplanned overdraft if you:
The following daily fees apply to an unplanned overdraft on this account:
|All balances (over your planned overdraft limit)||£5|
If you use a planned overdraft of £1,200, then we'll charge you a daily fee of £1. For Ultimate Reward Current Accounts, you will pay the higher monthly account fee of £15 rather than £10 if you use your overdraft. This means there will be an additional indirect cost of £5 if you use the overdraft on this account.