£135 REWARD WHEN YOU SWITCH
£50 when you switch using the Current Account Switch Service to transfer and close your old account held elsewhere.
Plus £85 after 6 months when you pay in at least £1500 each calendar month to your switched account, go paper-free and use your debit card to pay for something.
No monthly maintaining the account fee with this account.
Just stay in credit and you won't be charged any daily arranged overdraft fees.
Mobile alerts are also available if you'd like help to stay in credit.
Eligible account for Save the Change® - save your pennies when you spend.
Get £2 each month when throughout the previous calendar month you:
If in any month you miss out on the £2 reward, don’t worry you'll still get free everyday banking, so long as you stay in credit.
With a wide range of retailers, including clothes stores, DIY outlets and restaurants, your Cashback Extras are constantly updated so check back regularly.
To qualify for Cashback Extras you need to be over 18, have a Halifax Bank Account, a Halifax debit and/or credit card and be registered for Online Banking. Merchant offers and cashback amounts vary. Terms and Conditions apply.
Plus £85 after 6 months if you pay in at least £1,500 into your Reward Current Account each calendar month. Additional T&Cs apply.
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.
With Cashback Extras, you can earn up to 15% cashback on your debit card purchases, based on the places you usually shop or may like to try, such as clothing stores, DIY outlets and restaurants.
You can earn £2 each month when throughout the previous calendar month you:
If in any month you miss out on the £2 reward, you can still get it in future months too (when you meet the qualifying requirements above).
When we pay you the £2 Reward we are required by legislation to pay tax of £0.50 to HMRC on your behalf, so the gross reward is £2.50. The tax paid is 20% (current basic rate of income tax) of the gross amount. If you are a higher rate or additional rate taxpayer it is your responsibility to pay any additional tax due.
If you’re opening an account and you switch your main current account to Halifax, we’ll give you an arranged overdraft with no daily arranged overdraft fees, subject to status, for the first six months. After this time, daily arranged overdraft fees will apply based on the account you’ve chosen.
If you change your account to another current account within six months, then the fee free arranged overdraft offer will end and daily arranged overdraft fees will apply based on the account you’ve chosen.
At the start of your current account application we’ll ask you if you would like to apply for an arranged overdraft. If you say yes, subject to approval, we’ll tell you the maximum arranged overdraft we can offer you. Arranged overdrafts are repayable on demand.
If you use your arranged overdraft, you’ll pay a daily arranged overdraft fee over your fee-free amount (if your account has one). The daily arranged overdraft fee is 1p for every full £6 you borrow up to £1,250, 1p for every further full £7 you borrow between £1,250 and £2,500, and then a further 1p for every full £8 you borrow over £2,500.
If you use an arranged overdraft of £1,200 on your Reward Current Account then we’ll charge you a daily arranged overdraft fee of £2.
If you'd like an Arranged Overdraft, you request one when you apply for a Reward Current Account.
Alternatively, if you already have a current account with us and would like an Arranged Overdraft, you can apply for one through Online Banking or Mobile Banking. You can also apply to increase your existing arranged overdraft too.
You'll be up and running in 3 simple steps.
Choose a current account and apply
You can still use your old account and use your new Halifax account.
Enjoy your Halifax account.
We'll start your switch.
We'll transfer payments from your old account to your new Halifax account.
Switch Complete. We close your old account and move any funds to your new Halifax account.
We'll put £50 into your Halifax account before your switch completes.
You can choose the date you want to switch.
If any payments go to your old account after the switch.
No need to worry, we will arrange for any payments made to your old account to be automatically redirected to your new Halifax account for up to 36 months.
If something goes wrong.
You're covered by the Current Account Switch Guarantee. If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.
£135 switch offer
Get an initial £50 when you switch, then £85 after 6 months if you pay in at least £1,500 into your Halifax account each calendar month (additional T&Cs apply). Complete our switching form and use the Current Account switch service to switch into a new or existing Halifax Reward Current Account, Ultimate Reward Current Account (£17 monthly maintaining the account fee) or an existing Current Account. 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.
We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.
For more information and FAQs, please read the Account Switching Guide (PDF).
To qualify for the £50 part of the switching offer you must use the ‘Current Account Switch Service’ and meet the following conditions:
To qualify for the additional payment of £85 in the first 6 calendar months from your switch date you must:
You are not eligible for the offer if: