Ultimate Reward Current Account

All the standard features, plus AA breakdown cover, travel and mobile phone insurance and more, for £15 a month.

£100 when you switch current account

To qualify for this offer just open an Ultimate 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.

Offer also available on our Reward Current Account and Current Account. Further important information about the offer.

Benefits & features

Lower monthly fee
The Ultimate Reward Current Account will cost you £15 a month.  If you pay in £750 or more, have a minimum of two different direct debit mandates paid from your account each calendar month and keep your account in credit, you will pay the lower monthly account fee of £10.

Insurance benefits
Worldwide multi-trip family travel insurance 
Administered by FirstAssist Insurance Services Limited and underwritten by Great Lakes Reinsurance (UK) plc		 For two adults (aged under 71) and all your children (children must be aged under 16, or under 23 if in full-time education) – including winter sports cover (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.
AA Breakdown Cover, inc. Home Start
Provided by the AA (The Automobile Association Limited). Accident Management is underwritten by Acromas Insurance Company Limited		 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.
Mobile phone insurance 
Arranged and administed by STAMS Limited with a single insurance provider, London General Insurance Company Limited		 Insurance at home and abroad if your mobile phone is lost, stolen or damaged.
Home emergency cover 
Underwritten by Inter Partner Assistance S.A.		 Cover from burst pipes to broken windows, get the help and repairs you need.
Card protection 
Underwritten by Allianz Insurance plc		 Card protection for all your debit, credit, store and charge cards if they’re lost or stolen, whether at home or abroad.

You must review any existing insurance policies you have with Halifax or any other providers as you may already have equivalent cover. Read the Ultimate Reward Current Account Getting Started Guide (PDF) for a summary of the key differences between the cover provided as part of the Ultimate Reward Current Account and our standalone policies for travel insurance, home insurance and car breakdown cover.

£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.

Travel money exclusive offer
Your Ultimate Reward Current Account comes with an exclusive offer with our Travel Money services:
  • Preferential rates on your travel money orders
  • Free home delivery on all orders, plus a choice of a delivery date up to 14 days in advance.
Simply call us on 0845 301 0424 to order with a debit/credit card (lines open Mon-Fri 8am-10pm and Sat-Sun 10am-8pm). Please have details of your Ultimate Reward Current Account to hand.

Standard account features
  • Create your own personal Visa debit card design
  • A Halifax Visa debit card. Your best way to pay – everyday, everywhere, for everything
  • Use of cash machines, for money in an instant. Withdraw up to £500, get mini statements, check your balance and top up your mobile.
  • Access to any of our branches, as well as our 24-hour telephone and online banking service
  • A secure place to pay in your salary and other regular credits. Plus, the facility to set up direct debits so that you can manage your payments with ease.


Your overdraft explained

 Planned overdraft  Unplanned overdraft
Amount of
overdraft		 Daily fee Amount of
overdraft		 Daily Fee
Up to and including £300 N/A All balances £5
£300.01 to £1,999.99 £1
£2,000 to £2,999.99 £2
£3,000 and above £3

Representative example
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 indirect additional cost of £5 if you use a planned overdraft on this account.

Apply for an Ultimate Reward Current Account

Apply now

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 you may not get the full £300 overdraft.

The insurance cover and other services that come with the Ultimate Reward Current Account Benefits Package are renewed every month and will end if: (i) your Ultimate Reward Current Account is closed; (ii) you fail to pay the monthly fee for the account; (iii) your account is changed to another type of account with us; (iv) your residential address is no longer in the UK. Any other insurance policies that you yourself have taken out at a discount as part of the benefits package will not be affected.

We may monitor and record calls.

Ultimate Reward Current Account

Apply for an Ultimate Reward
Current Account

Apply now for an Ultimate Reward Current Account

Alternatively, call us on 08457 20 30 40 (Mon-Fri 8am-8pm, Sat 8am-6pm and Sun 9am-5pm) or visit one of our branches.

For more information and terms & conditions for this current account, read the Ultimate Reward Current Account Getting Started Guide (PDF) 

Personalise your
Visa debit card

Open this current account and design your own card. Family? Pets?
The choice is yours.

Personalise your Visa debit card. Find out more.

Already have an Ultimate Reward Current Account?

Key information for existing Ultimate Reward Current Account customers, from details about your benefits to the account terms and conditions.

Key information for existing Ultimate Reward Current Account customers

Compare Halifax bank accounts

The Ultimate Reward Current Account comes with a package of benefits for a monthly fee, so if you’re looking for a bank account with no fee – compare our current accounts in detail.

Compare our current accounts
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