Ultimate Reward Current Account

*We use a range of third parties to provide benefits for this account (exclusions apply). View details of product underwriters.

Pay in £1,000 per calendar month to receive the £5 Reward payment. The £5 Reward payment is paid 'net' of income tax. This 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 amount before we take off income tax is £6.25. You may reclaim tax from HM Revenue & Customs if the amount of tax we have taken off is more than you have to pay. This may change in the future. To find out more visit www.hmrc.gov.uk/incometax. Halifax current accounts and services are offered subject to status. Whether you can have an overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is repayable on demand. You need to be aware that you may not get a £300 fee-free overdraft.

£100 to switch Terms and Conditions

1. To qualify for the £100 switching incentive (the "offer") you must successfully apply for a new Halifax Current Account, Halifax Reward Current Account or Halifax Ultimate Reward Current Account and use the Halifax Switching Service/Team to switch your existing current account from another bank. This means transferring all your direct debits and other regular payments from your existing bank to your new Halifax bank account ("your account") with us.

2. We reserve the right to claim back the offer if you do not complete the switch from your existing current account by transferring all your direct debits and other regular payments to your  account.

3. This offer only applies to applications received in branch, online or by telephone between 3rd January 2012 and midnight on 19th February 2012.

4. Only one offer is available per customer.  Joint accounts opened under the offer will only be eligible for one payment.

5. Customers who have been in receipt of a fee free overdraft in the last 12 months when using the Halifax Switching Service/ Team will not be eligible for another fee free overdraft. Whether you can have an overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is subject to status. Overdrafts are repayable on demand.

6. The offer will be paid directly into your account when we start your switch.

7. The offer will appear as a cash credit in your account.

8. Subject to condition 9 below, the offer excludes existing Halifax and Bank of Scotland bank account customers switching to new Halifax bank accounts.

9. All Halifax Current Accounts, Halifax Reward Current Accounts and Halifax Ultimate Reward Current Accounts are offered subject to status. Accounts can only be opened by personal customers. A customer can still hold one Halifax Reward Current Account and Halifax Ultimate Reward Current Account in their sole name and one in joint names.

The offer is available to existing customers who already have a Halifax or Bank of Scotland Current Account, Reward Current Account or Ultimate Reward Current Account in their sole name and wish to open a Halifax account in joint names.

The offer is available to existing customers who already have a Halifax or Bank of Scotland Current Account, Reward Current Account or Ultimate Reward Current Account in joint names and wish to open a Halifax account in their sole name.

The offer is not available to existing Halifax customers who are upgrading their account.

10. The following Halifax bank accounts are excluded from the offer: Easycash account, Cardcash account,  Expresscash account and Student Current Account.

11. The offer is subject to change and can be withdrawn without notice at any time.

12. The offer is not available to employees of Lloyds Banking Group nor is it available if the employee is the first named on any Halifax bank account held in joint names.