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Ultimate Reward Current Account Benefits

Money Matters

Current Account details.

  • Credit interest of 5.12% AER paid on credit balances up to and including £2,500 and then 0.1% on any amount over this
  • The first  £300 of any overdraft is interest-free (subject to status)
  • Arranged overdraft rates of 13.35% EAR typical on amounts over £300 (unarranged overdraft 28.8% EAR).

Not only that, but:

  • A Visa Debit card giving you the convenience of cash-free purchases and access to your money at thousands of cash machines around the UK and abroad
  • Convenient 24 hour telephone and online banking
  • A cheque book available on request
  • A large network of branches so you can always talk to someone face to face
  • The option to receive your statements online.

1% Extra on your savings

You receive 1% extra on the standard gross interest rate we pay on the savings in your Halifax Instant Saver account, whether you currently have one or apply for one.

Find out more about Halifax Instant Saver

£50 bonus payment on Personal Loans

If you take out an unsecured personal loan of £5,000 or more with Halifax, £50 will be credited to your account within 45 days of your loan being paid into your account.

This offer is only applicable to new unsecured personal loans. If you have an existing Halifax Unsecured Personal Loan you cannot receive this bonus payment unless you take out a new Halifax Unsecured Personal Loan of £5,000 or more. You are only eligible to receive this benefit once – if you’ve already received your bonus payment, you won’t get it next time you take out a loan.

£120 bonus payment on new Halifax Home Mover or First Time Buyer mortgages

£120 will automatically be credited into your account once you complete on your new mortgage.

You’re only eligible to receive the bonus payment once – if you’ve already received your bonus payment, you won’t get it next time you take out a mortgage.  The payment is not available on mortgages bought through an intermediary.

With a Halifax mortgage you get:

  • Free budgeting advice 
  • Valuations and surveys
  • Conveyancing and other legal services

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Discounted Car Purchase Scheme from Freeway

You’ll get a 1% discount on the APR of your finance deal when you buy a new car through Freeway. That’s a rate of 7.9% APR typical instead of the standard rate of 8.9% APR.

Finance is provided, subject to status by Lex Vehicle Finance, Charterhall House, Charterhall Drive, Chester, CH88 3AN. Applicants must be over 18 and UK resident.  Freeway is a trading style of Lex Vehicle Finance.

Travel with peace of mind

Comprehensive Travel Insurance for all the family

Our Worldwide Multi-Trip Travel insurance policy includes Personal Belongings, Winter Sports and Golf Cover as standard.You and your family receive cover that comes with a 5 star rating from the independent market research company, Defaqto.

Normal underwriting conditions apply.

Travel Accident Cover to the value of £100,000

If you’re unlucky enough to be involved in an accident whilst travelling on public transport anywhere in the world, you can take comfort from being covered for up to £100,000.  It’s provided in the event of death, loss of sight, loss of limb and permanent total disablement.
Public transport means train, tram, bus, coach, ship, ferry service, hovercraft or airline flight operating to a published timetable.

Commission-free foreign currency and American Express®Travellers Cheques

If you wish to order some cash in a foreign currency or Travellers Cheques for your holiday, we’ll provide them commission-free**. Travellers Cheques are safer than cash, easy to use, accepted worldwide and replaced if lost or stolen, usually within 24 hours.

**For sterling Travellers Cheques there is a 1% commission fee (minimum £3.)

Protect your car and home

10% Discount on Halifax Car Insurance

A 10% discount the first time you take out a Halifax Car Insurance Policy.

All you need to do is choose the level of cover that suits you best before adding the extras you want.

  • Choice of Comprehensive, Third Party Fire and Theft and Third Party Only cover
  • With Comprehensive cover, you’ll get a free courtesy car whilst yours is being repaired and a five year guarantee on all repairs, if you use one of our recommended repairers*
  • Build up to 65% no claims discount
  • If you have to make a claim, you can be sure that it will be handled quickly and smoothly.
  • Optional Motoring Legal Protection can be added on to your policy for extra peace of mind.

*Your statutory rights are not affected.

Not available in Northern Ireland or the Channel Islands. Subject to normal acceptance criteria.  The discount is only available to named Halifax and Bank of Scotland Ultimate Reward Current Account customers who take out a new Halifax Car Insurance policy and only applies to the first years annual premium. It will not apply when you renew your policy.  The discount is not available online. It cannot be used in conjunction with any other discount or offer and is subject to change.

Halifax Home Building and Contents Insurance for 15% less

Apply for your first Halifax Home Insurance Policy or renew your existing one, and take advantage of a 15% discount* for being an Ultimate Reward Current Account holder.

Here’s what you can expect from your Halifax Home Insurance:

  • Unlimited buildings sum insured – so you will never be unable to rebuild your home
  • Up to 30% no claims discount – one of the best on the high street
  • Contents are replaced on a new for old basis (certain wear and tear restrictions apply)
  • No fee for paying monthly by Direct Debit to help spread the cost.

* This offer cannot be used in conjunction with other promotional codes.  Other discounts at the time may mean you will not qualify for some or all of this discount.

Home Emergency Cover

Home Emergency Cover gives you help for domestic emergencies which threaten the safety of your home, 24 hours a day, 365 days a year. For example, a burst pipe or help to secure your property after a break-in.

We will arrange for a skilled and reliable tradesperson, approved by us, to get in touch with you. You will be covered up to £250 for the call out charge, labour and any materials necessary and no excess will apply.

RAC Breakdown Cover

With RAC Breakdown Cover, if your vehicle breaks down (even if you’re the passenger in someone else’s car), you can call RAC– 24 hours a day, every day of the year. In addition, if your Ultimate Reward Current Account is in joint names, both of you are covered.

Your lifestyle benefits

Mobile Phone Insurance

Mobile Phone Insurance that covers your mobile at home and abroad, for loss, theft and accidental damage, 24 hours a day, 7 days a week.

You can make up to two claims per account per year, over any one 12 month period, and you’ll be charged an excess of £30 per claim.

Your Ultimate Reward Mobile Phone Cover includes:

  • Theft from person -  replacement phone up to £500
  • Accidental damage -  repair or replacement up to £500
  • Loss -  replacement phone up to £500
  • Water and liquid damage -  repair or replacement up to £500
  • Breakdown -  repair or replacement up to £500
  • Unauthorised airtime for prepaid or pay as you go phone – up to £500.

24 hour Identity Theft Assistance and get Identitycare Insurance for 25% less.

As an Ultimate Reward Current Account holder, you automatically get unlimited access to an Identity theft advice line, where our team can provide help and advice 24 hours a day, 365 days a year.

To ensure full coverage in the event of an incident, as an Ultimate Reward Current Account holder you can buy Identitycare Insurance at a 25% discount, which can provide:

  • Unlimited online access to your Experian credit report so you know what information lenders hold on you
  • An ‘early warning’ credit monitoring service
  • Up to £25,000 legal expenses
  • Up to £25,000 compensation for fraud losses.

Plus, you get these added extras:

• A credit file restoration service

• Up to £1,000 emergency cash.

Protection for all your cards

Protection and security for all your registered debit, credit, store and charge cards (not just your Halifax ones), come as standard with Card Care Card Protection. It applies at home or abroad, 24 hours a day, seven days a week.

Card Care Card Protection means:

  • You can cancel and replace registered cards that have been lost or stolen with just one phone call
  • You could get a cash advance from Card Care (subject to conditions)
    • Up to £2,500 emergency cash if you are stranded overseas with no access to money or up to £1,000 in the UK
    • Up to £2,500 towards hotel bills or other accommodation charges
    • Up to £2,500 towards lost or stolen travel tickets
  • If your bag, wallet, or purse is lost or stolen with one of your cards in it, you will be able to claim up to £50 per account holder towards replacing them
  • If your driving licence is lost we will pay up to £50 towards the cost of its replacement
  • If your passport is lost or stolen whilst abroad, we will pay up to £100 for an emergency replacement.

Ultimate Reward Discount Card

As an Ultimate Reward Current Account holder you can look forward to receiving an extremely useful Discount Card. It offers discounts on all sorts of goods and services, including holidays, your gas and electricity bills, motor services, days out at top attractions and broadband internet, so you can pick and choose as many as you like.

The offers and discounts are reviewed regularly to ensure that you always have the best selection. Please see www.ultimaterewarddiscounts.co.uk/halifax for a full list of discounts and terms and conditions.