Reward current account.

You can earn £3 each month when throughout the previous calendar month you:

• pay in £750 or more and;
• pay out a minimum of 2 different direct debits and;
• stay in credit.

If in any month you miss out on the £3 reward, you can still get it in future months too (when you meet the qualifying requirements above).

When we pay you the £3 Reward we are required by legislation to pay tax of £0.75 to HMRC on your behalf, so the gross reward is £3.75. 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.

Six month fee free overdraft switch offer

If you’re opening an account and you switch your main current account to Halifax, we’ll give you an overdraft with no daily overdraft fees, subject to status, for the first six months. After this time, daily 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 overdraft offer will end and daily overdraft fees will apply based on the account you’ve chosen.

How do you apply for an overdraft?

At the start of your current account application we’ll ask you if you would like to apply for an overdraft. If you say yes, subject to approval, we’ll tell you the maximum overdraft we can offer you. Overdrafts are repayable on demand.

The overdraft

If you use your planned overdraft, you’ll pay a daily overdraft fee of 1p for every £7 you borrow. When calculating the daily overdraft fee, we will only use every full £7 you have borrowed, so if you borrow less than £7 you won’t be charged.

REPRESENTATIVE EXAMPLE
If you use a Planned Overdraft of £1,200 on your Reward Current Account - then we’ll charge you a daily overdraft fee of £1.71.

Apply for an overdraft

If you'd like a Planned Overdraft, you request one when you apply for a Reward Current Account.

Apply for a Reward Current Account and Overdraft

Alternatively, if you already have a current account with us and would like a Planned Overdraft, you can apply for one through Online Banking or Mobile Banking. You can also apply to increase your existing overdraft too.

Apply for an overdraft

Switching is extra easy

You'll be up and running in 3 simple steps.

1. Apply for an account
2. Complete our switching form
3. We’ll switch your account in 7 working days

We'll move your payments for you

• Incoming payments, e.g. your salary.
• Outgoing payments, e.g. bills.
• Direct debits, e.g. an internet bill.
• Standing order, e.g. paying money into a savings account.
• Money in your account, e.g. if your account has a £500 balance then we will transfer £500 into your new account.

You can choose the date you want to switch.

Keep in mind

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.

£75 Switching Offer.

Complete our switching form and use the Current Account Switch Service to switch. Switch into a new or existing Halifax Reward Current Account, Ultimate Reward Current Account (£15 monthly fee applies) or an existing Current Account  if opened before 3rd December 2016,  and close your old account held elsewhere. If you’ve already received cashback for switching to us since January 2012 we’re sorry but you won’t get it again.

About the Current Account Switch Guarantee

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.

• The service is free to use and you can choose and agree your switch date with us.
• We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
• If you have money in your old account, we will transfer it to your new account on your switch date.
• We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
• If there are any issues in making the switch, we will contact you before your switch date.
• 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.

For more information and FAQs, please read the Account Switching Guide (PDF).

£75 TO SWITCH USING THE CURRENT ACCOUNT SWITCH SERVICE.

Terms and conditions.

To qualify for the £75 switching offer (“the offer”) you must use the ‘Current Account Switch Service’ and meet the following conditions:

• Use the 'Current Account Switch Service' to switch into an open new or existing Reward Current Account, Ultimate Reward Current Account (£17 monthly fee), or an existing Current Account if opened before 3rd December 2016.
• Use the ‘Current Account Switch Service’ to transfer all the active credits and debits from the bank account that you hold with another bank and close this account.

You are not eligible for the offer if:

• you are switching to a Basic Account, Expresscash Account or a Student Current Account;
• you have previously received any other offer or benefits for switching to a Halifax bank account at any point since January 2012;
• you are a Bank of Scotland bank account customer switching to Halifax;
• the bank you are switching from does not participate in the Current Account Switch Service. To find out if your bank participates, visit the Payments Council website www.simplerworld.co.uk

What else do you need to know?

1. The offer applies to applications received in branch, online (Ultimate Reward Current Account and Reward Current Account only) or by phone from the 20th of March 2018. The offer does not automatically guarantee an overdraft. Any application made for an overdraft will be subject to status. If your account has an overdraft you will not pay a daily overdraft fee for 6 months provided you stay within your planned overdraft limit.
2. After 6 months, or if you change your account, you will be charged daily overdraft fees applicable to the account you hold if you use your overdraft. Please see the Getting Started Guide applicable to your account for full details on overdraft fees. You will have been given a Getting Started Guide when you opened your account, but if you would like another one, please ask in branch or look at www.halifax.co.uk/bankaccounts/rates-rewards-fees 
3. If you do not meet the conditions of the offer we may claim back the £75. We will do this by debiting £75 from your account.
4. Only one offer is available per customer. Joint accounts will only be eligible for one payment. If any joint account customer has already benefited from the offer in their sole name, no payment will be made for that joint account.
5. The offer will be paid directly into your account by the time your switch has completed. The payment will appear as a cash credit. The offer is not available to employees of Lloyds Banking Group, or if the employee is named on any bank account held in joint names.