Reward current account.

Get more from your bank account with a monthly reward.

No fee or £3 per month.

If you pay in £1,500 or more each month there will be no monthly fee for maintaining the account. If you pay in less the account will cost you £3 per month.

Choose the monthly reward that’s right for you.

  • 2 x Digital Movie Rentals - with RakutenTV
  • 3 x Digital Magazines - Choose from popular titles such as Cosmopolitan and Men's Health
  • 1 x Cinema Ticket - See a film on us at any UK Vue Cinema (each ticket valid for 12 months)
  • £5 in your account - Paid direct into your account

Select your qualification option.

  • Spend £500 on your debit card each month


  • Keep £5,000 or above in your account each day of the month

You will also need to pay at least £1,500 into your account and keep your balance above £0.

Arranged overdraft

An arranged overdraft can act as a short term safety net. You can use it to borrow money up to an agreed limit through your bank account.

- Setting up an arranged overdraft is free and you’ll only pay daily arranged overdraft interest if you use it.

- If you use your arranged overdraft but pay it back before the end of the day, then you won’t pay any arranged overdraft interest for that day.

  • Applying for an arranged overdraft – When you have applied for this account, at the end of the application you can apply for an arranged overdraft which you can add right away. You can also apply for one later.
  • Amending an arranged overdraft - You can reduce or remove your arranged overdraft at any time through Mobile Banking, Online Banking or Telephone Banking or by visiting your branch. But you must repay anything you owe if you want to remove an arranged overdraft or anything over the new reduced limit you want. You can also apply to increase it. This application won't affect your credit score.
  • Helpful tools - You can use our eligibility checker and cost calculator to check your eligibility and calculate the cost of an arranged overdraft.

If you don't have enough money in your account or available arranged overdraft to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment. Missing payments and using an unarranged overdraft can damage your credit score, please get in touch with us as we may be able to help you.

All overdrafts are subject to application and repayable on demand. You must be 18 or over to apply.

Representative example

A variable representative rate of

A variable interest rate of

Based on borrowing

39.9% APR

39.9% EAR*


A variable representative rate of

39.9% APR

A variable interest rate of

39.9% EAR*

Based on borrowing


How does our overdraft compare?

You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you.

How much does my overdraft cost in pounds and pence?

As an example, the interest cost of borrowing £500 is:

Useful tools

You can use our calculator to work out how much your anticipated arranged overdraft borrowing would cost over different periods of time. Check your eligibility and calculate the cost of an arranged overdraft:

Cost CalculatorEligibility tool

Arranged overdrafts are subject to application and approval and repayable on demand. You must be 18 or over to apply. Arranged overdraft limits and interest rates vary based on your individual circumstances.

*EAR is the Equivalent Annual Rate. This is the annual interest rate of an overdraft. This means you are charged over the year based on how often and how much you are overdrawn by, and the effect of compounding it – charging interest on interest already charged. This interest rate does not include any other fees and charges.

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.

Apply for an arranged overdraft

Ready to apply? Choose the right option for you below.

I don’t have a bank account with Halifax

If you’re a new customer, the next page will give you more detail on how to apply.

I already have a bank account with Halifax

If you already have a current account with Halifax, there are a few options to choose from. The next page will explain these in more detail.

For more information read the Reward Extras Terms and Conditions (PDF)

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

For more information about the fees associated for Payment Services with this account please see the Fee Information Document (PDF)

For more information on lifestyle benefits, read the Lifestyle Benefits Terms and Conditions (PDF)

Speak to us in person

Halifax have around 800 branches in the UK. If you would prefer to see us in person, just pop into your local branch.

You can also call us on 0345 720 3040.

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.