Halifax High Interest Current Account

Our High Interest Current Account pays much more interest than HSBC, Barclays and NatWest on balances up to £2,500. All you have to do is pay in £1,000 every month and you'll get the following:

• 2.50% AER (2.47% gross) on balances up to £2,500 and 0.1% AER/gross above this.
• Visa debit card you can use in the UK and abroad. 
• Overdraft – an arranged overdraft with an interest rate of 15.9% EAR variable (typical 19.5% EAR variable). 
• 24-hour online and telephone banking. 
• Chequebook, if you ask for one.

Apply now:

If you don't pay in at least £1,000 for two or more months in a row you will earn 0.1% AER/gross until you have paid in £1,000 or more a month for three months in a row.

We have compared standard current accounts offered by the banks listed. Better rates may be available online or if you pay in more than £1,000 a month. AER stands for annual equivalent rate and shows what the interest rate would be if interest were paid and compounded each year. (In other words, you earn interest on the interest you leave in your account.) EAR is the equivalent annual rate. This is the actual annual cost of an overdraft and takes into account how often interest is paid into an account. It does not take into account other fees and charges. The gross rate is the rate of interest we pay before we take off income tax at the rate set by law. Overdrafts are subject to status and are repayable on demand.