Ultimate Reward Current Account

Benefits and rewards all in one place with our packaged bank account.

£17 monthly fee for maintaining the account.

From 21 November 2021 there will be some changes to the benefits that come with this account. 

Before you decide if this account is right for you, read the Guide to Changes (PDF, 280KB), which details all benefit changes. It’s important that you read this before proceeding because the changes may affect what you're covered for from the change date.

We’ve also created some useful Frequently Asked Questions about these changes.

Travel Insurance FAQs

If you’re an Ultimate Reward Current Account customer, please read our travel insurance FAQs (PDF 1.45KB) for more information about the travel insurance which comes with your account and COVID-19. You can also use our handy travel disruption tool, for help if your travel has been disrupted.

 

  • AA breakdown cover, mobile phone insurance, travel insurance and more
  • Earn £5 or a lifestyle benefit each calendar month – choose a Reward Extras offer and get rewarded when you meet a set of conditions each month
  • Earn as you spend – activate Cashback Extras offers online
  • Contactless – get a VISA debit contactless card
  • Save the Change® – round up your card payments to the nearest pound to save as you spend

I'm ready to apply

Existing customer queries

We have everything you need about:

  • Using your benefits
  • Making a claim
  • Updating your details

If you need to use one of your benefits now call: 0345 124 1400

Existing customer hub

Worldwide multi-trip family travel insurance

  • Cover for you, your partner who you live with and children under 18, or under 24 if they’re in full time education.
  • Includes medical costs and personal belongings cover.
  • Cover for certain winter sports, golf trips and UK breaks.

Underwritten by AXA Insurance UK plc.

More on travel insurance benefits and exclusions

AA breakdown cover

  • Covers Roadside Assistance and Home Start in the UK, Channel Islands and Isle of Man.
  • The policy offers cover for you as driver or passenger in any eligible vehicle.

Provided by Automobile Association Developments Limited (trading as AA Breakdown Services)

More on AA breakdown benefits and exclusions

Mobile phone insurance

  • Covers breakdown, accidental damage, loss and theft up to £2,000.
  • Covers one phone per account holder.

Arranged through Lifestyle Services Group Limited with a single insurance provider, Assurant General Insurance Limited

More on mobile phone insurance benefits and exclusions

Home emergency cover

  • For sudden unexpected incidents that need immediate action to make your home safe and secure.
  • A qualified person chosen by the insurer will be provided to deal with the emergency.
  • Cover is for up to £250 per claim including VAT.

Underwritten by Inter Partner Assistance S.A. (IPA)

More on home emergency benefits and exclusions

Important information

Pre-existing medical conditions aren't covered under this policy, unless they are agreed with the insurer first. An additional premium may apply. If this affects you contact AXA directly to find out more.

If you have a serious of life threatening pre-existing medical condition, the Money and Pensions Service (MaPS) has launched a new directory listing firms which could offer travel insurance for you. For more information access this directory here or phone MaPS on 0800 138 7777 (Mon-Fri 8am to 6pm). If this is relevant to you, please consider whether the travel insurance that comes with this account is the right one for you.

 

Packaged bank account benefits explained

 

  • The family travel insurance policy provides cover for you, your spouse or partner (who you live with) and children under 18, or under 24 if they’re in full time education. It includes cover for personal belongings, certain sports and activities and golf trips.

    Please note - existing medical conditions are not covered, unless these are agreed with the insurer first, an additional premium may be payable.

    If you have any questions about your cover please call 0345 124 1400. Lines are open from Monday to Saturday 8am to 8pm, and Sunday 9am to 5pm.

    The policy includes cover for:

    • Worldwide multi trip travel - this includes certain winter sports and golf trips. There's also cover for UK trips which have at least 2 nights' pre-booked accommodation.
    • Your children - any of your kids who are under 18, or under 24 and in full time education. Covered when travelling with the account holder or a responsible adult.
    • Your partner - a spouse, civil partner or partner, as long as they live with you.
    • Personal Baggage - up to £2,500 if it is lost, damaged or stolen. This includes up to £500 for valuables, and up to £500 for a single article or pair or set of articles.
    • Personal Money - up to £750 for loss, or theft. This includes up to £300 cover for cash. This is limited to £50 for under 16s.

    Don't forget:

    • Pre-existing medical conditions are not covered unless agreed with the insurer first.
    • The longest trip length is 45 consecutive days. For winter sports, a maximum of 31 days cover in a calendar year.
    • £75 excess per claim per incident may apply
    • Kids are only covered when travelling with you the account holder, or a responsible adult.
    • There is no cover if travelling against the advice of the Foreign, Commonwealth & Development Office (FCDO) or other regulatory authority
    • There is no cover if you cannot travel or choose not to travel because the FCDO, or any other equivalent government body in another country advises against travel due to a pandemic
    • To be covered trips must start and end in the UK.
    • The policy only covers persons permanently resident in the UK.
    • All cover ends when the account holder turns 71. As long as the account holder is less than 71, their spouse, partner or civil partner (who they live with) will also be covered until they reach 71. Eligible children can also be covered so long as they are travelling with the spouse, partner or civil partner of the policyholder.

    If you need to make a claim or want more information ring AXA on 0345 124 1400. From abroad call +44 149 528 1297. Lines are open Monday to Saturday 8am to 8pm, and Sunday 9am to 5pm for customer services. And 8am to 8pm Monday to Friday and 9am to 5pm Saturday for claims. Excluding bank holidays.

    Cover is provided and underwritten by AXA Insurance UK plc.

    Please note that these are just some of the important points - full details of the conditions and exclusions can be found in the policy document included in the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    We will also provide you with the Insurance Product Information Booklet (PDF 2.4MB) as part of the account application process.

  • The policy cover offers assistance at the roadside or at home if your vehicle has broken down. There's even cover if you’re a passenger in someone else’s car. Got a joint account? There’s cover for both of you.

    There’s cover under the policy if your Ultimate Reward Current Account is open and you’re paying the monthly fee, This includes:

    Mechanical breakdown - Assistance to deal with a breakdown on the road within the UK, Channel Islands and Isle of Man.

    • AA Roadside - An AA Patrol will try to repair the vehicle at the roadside or, if this is not possible, arrange a tow to a local garage for you, your vehicle and up to 7 passengers.
    • Home Start - Brings all the benefits of AA Roadside to your doorstep and within 1/4 mile from home.

    Please note:

    • The service is only available in the UK, Channel Islands and Isle of Man.
    • You must be with the vehicle when it breaks down and when help arrives.
    • If you have an accident, the AA does not provide vehicle recovery.

    If you need breakdown assistance, please call: 0800 0512 248.

    You will need your Ultimate Reward Current Account sort code and account number to hand when you call.

    The AA Breakdown cover is provided by Automobile Association Developments Limited, trading as AA Breakdown Services.

    Please note that these are just some of the important points – full details of the conditions and exclusions can be found in the policy document included in the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    We will also provide you with the Insurance Product Information Booklet (PDF 2.4MB) as part of the account application process.

  • Most of us would struggle without our mobile phones, so if it gets broken, damaged, lost or stolen there is cover for:

    • Repair or replacement of your phone worth up to £2,000 (including VAT) if it breaks, is damaged, lost or stolen.
    • One phone for you as the account holder, or up to two phones for a joint account.

    Things to consider

    • An excess of £100 is payable on all successful claims.
    • You can’t have more than 2 successful claims per account holder in any 12 month period.
    • If your phone is lost or stolen, you must let the police and your airtime provider know as soon as possible.
    • You won't be covered for theft, loss, damage or breakdown where you have knowingly put your phone at risk or not taken care of it.
    • You may be required to provide a proof of ownership to support your claim (for instance documentation from your network provider, till receipt etc.)

    You can register your phone to make claiming easier
    Register your mobile phone details with the insurer via your online banking. Or call 0345 124 1400. Lines are open from Monday to Saturday 8am to 8pm, and on Sunday from 9am to 5pm.

    Please follow these steps to register your phone online:

    1. Sign into Online Banking. If you don't already use Online Banking you can register here.
    2. Select ‘More actions’ next to your Ultimate Reward Current Account.
    3. Then select ‘Account information and benefits’ and the ‘View account benefits.
    4. Register your phone with the insurer under the ‘Mobile phone insurance’ section.

    Making a claim?

    You can make a claim with the insurer by calling 0345 124 1400. Lines are open from Monday to Friday 8am to 8pm, Saturday and Sunday from 9am to 6pm.

    Mobile phone insurance is arranged through Lifestyle Services Group Limited with a single insurance provider, Assurant General Insurance Limited.

    Please note that these are just some of the important points – full details of the conditions and exclusions can be found in the policy document included in the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    We will also provide you with the Insurance Product Information Booklet (PDF 2.4MB) as part of the account application process.

  • Home Emergency cover helps you deal with unexpected things that need immediate action to ensure your home is safe and secure. You never know when you might have to deal with your central heating failing or a pipe bursting in your home. The policy includes cover for up to £250 for the provider to choose a professional to deal with your problem.

    The policy only covers home emergencies which need immediate action to:

    • Make your home safe or secure.
    • Avoid damage or prevent more damage.
    • Get you electricity, gas or water back after total failure.

    You are not covered if the home was left unoccupied for over 60 days.

    If you need to make a claim, please note:

    • You must contact the insurer before instructing any other tradesman.
    • Are you a tenant? Ensure your landlord agrees before contacting the insurer.

    If you don't do this, your claim could be rejected.

    If you need to make a claim or want more information call 0345 124 1400. Lines are open 24 hours a day, 7 days a week, 365 days a year.

    Home emergency cover is underwritten by Inter Partner Assistance SA (IPA).

    Please note that these are just some of the important points – full details of the conditions and exclusions can be found in the policy document included in the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    We will also provide you with the Insurance Product Information Booklet (PDF 2.4MB) as part of the account application process.

  • Call the provider if your cards are lost or stolen and they’ll request for them to be cancelled on your behalf.

    This service is provided by Citymain Administrators Ltd , part of the SPB UK & Ireland Group Companies.

    Only one phone call is needed for you to request that all your lost or stolen financial cards are cancelled and replaced.

    The service lets you cancel:

    • All money cards – register all your cards from any bank or building society.
    • Financial store cards - the provider can keep a note of these numbers too.

    The provider can log your passport and driving licence numbers in case you need them.

    You don't have to register your cards but if you do, it will make it quicker and easier for the provider to complete a loss report for you if they are lost or stolen.

    When you call, Citymain Administrators Ltd will complete a loss report on your behalf. They will also contact your relevant card issuer(s) to request that your cards are cancelled and new ones sent to you. If any of your card issuers need you to contact them directly they will let you know.

    This service is provided by Citymain Administrators Ltd , part of the SPB UK & Ireland Group Companies.

    Please note that these are just some of the important points – full details of the conditions and exclusions can be found in the policy document included in the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    If your Ultimate Reward Current account debit card has been lost or stolen let us know as soon as possible.

    You can report your card lost or stolen and order a new one by:

Additional account benefits explained

 

  • Rakuten logo, magazine images, vue logo

    You can receive a Reward Extras offer each calendar month – by choosing one of the below offers for your Ultimate Reward Current Account or Reward Current Account. You’ll need to meet a set of conditions each month to get Rewarded.

    Choose between:

    • 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

    How to qualify

    Each month you meet your chosen set of conditions you’ll receive your reward by the 12th of the following month. If you choose a lifestyle benefit you’ll receive the offer to your registered email address. If you choose the £5 offer, we’ll pay it into your account and it’ll appear on your statement.

    Choose either to:

    • Spend £500 on your debit card each month

    or

    • 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 stay in credit (keeping your balance at £0 or above).
     


    Digital movie rentals

      Rent two films each month throughout the year with Rakuten TV, worth up to £120

      Enjoy the latest releases, independent films award winning classics

      Browse through their catalogue of films at www.rakuten.tv

    How does it work?

      Film rental codes will be sent via email to your registered email address with instructions on how to choose and access your films

      Codes are valid for 35 days from the date of issue and can be used to rent any Standard Definition (SD) or High Definition (HD) Film but are not valid for Ultra High Definition Films

      Rented films can be viewed via the link provided in the email, the Rakuten app on compatible devices, or via www.rakuten.tv

      You can stream or download Rakuten TV films on most devices including Smart TVs, consoles, tablets and smartphones


    Magazine Subscriptions

    Choose three digital magazine from a host of well-known titles. The magazines currently available are:

      Cosmopolitan

      Country Living

      ELLE

      ELLE Decoration

      Esquire

      Good Housekeeping

      Harper’s Bazaar

      House Beautiful

      Men’s Health

      Prima

      Red

      Runner’s World

      Women’s Health

    How does it work?

      A code will be sent via email to your registered email address with instructions on how to choose and access your magazines

      Codes are valid for 12 months from the date of issue

      Magazines can be read online or offline, through your internet browser, smartphone or tablet


    Cinema Tickets

      Enjoy one free cinema ticket each month to catch the latest blockbusters at Vue cinemas across the UK

      You’ll also get a code for half price popcorn

      You can use the cinema voucher for 2D, 3D or Xtreme films screenings. If there are any VIP seats available at your screening, then you'll get a free upgrade too

      Codes are valid for 12 months, so you can save them for a film you’ve been waiting for

    How does it work?

      A ticket voucher code will be sent via email to your registered email address and can be used to make bookings online at www.myvue.com or at the box office at any Vue cinema in the UK only

      Voucher codes are valid for up to 12 months from the date of issue and are not subject to time extensions

      Voucher codes can be used to make bookings for 2D, 3D & Xtreme screenings any day of the week. No additional booking costs apply

      Additional upgrade fees will apply


    £5 Cash

      You can earn up to £5 each calendar month – that’s up to £60 a year

      You can keep on top of your progress for each monthly £5 offer by using the Reward Extras Tracker

    How does it work?

      As long as you meet the criteria for Reward Extras and have selected the £5 benefit, you don’t need to do anything else

  • co op, costa, hilton and sky logos

    Whether it's the weekly shop, popping out for lunch or hitting the high street, Cashback Extras makes it easy to earn up to 15% cashback. The offers you get will come from places you might like to try, as well as places where you already shop. Merchant offers and cashback amounts vary. The retails above are just some of the offers you may receive, merchant offers and cashback amounts vary

    • Quick and convenient - select to activate your offers using our mobile banking app or Online Banking.
    • Spend and earn - Use any of your Halifax debit or credit cards with your chosen retailers, in store or online, in line with the offer conditions. Your cashback will be paid into your current account at the end of the following month.
    • Straightforward - you can keep track of the amount of cashback you've earned by visiting the Cashback Extras hub.
    For more information visit Cashback Extras.
     
    Manage your Cashback Extra offers using our Mobile Banking app or Online Banking.

    Personal UK Online Banking customers only. iPhone and Android customers only. Terms and Conditions apply.

    Android/Google Play is a trademark of Google Inc. Apple, the Apple logo and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Some key changes to the Worldwide Travel Insurance from 21 November 2021

  • AXA Insurance UK plc (AXA) underwrite the travel insurance that comes with your account and, in line with section 1 of the policy general conditions, we are now giving you notice on their behalf that the policy will be cancelled at midnight on 20 November 2021 and immediately replaced on 21 November by travel insurance provided by AWP Assistance UK Ltd (Allianz Assistance) which is underwritten by AWP P&C SA (the new insurer). There’ll be no break in insurance cover but some of the changes may affect your cover
  • The maximum single trip duration of 45 consecutive days will reduce to 31 consecutive days. It’s important to remember this if you book a trip before 21 November 2021
  • If you’ve already booked or intend to book a trip lasting more than 31 consecutive days that begins on or after 21 November 2021 and haven't already purchased a trip extension upgrade, you will need to contact Allianz Assistance to extend your cover, an additional premium will be payable. If your trip starts before 21 November 2021, for this trip only, you will continue to be covered for up to 45 consecutive days from the date of travel
  • If you claim for incidents which occurred after 21 November 2021, where an excess applies, it’ll increase from £75 per claim per incident to £75 per adult per incident
  • There will be changes to the medical screening process. If your health, or the health of anyone covered by the policy, changes before you book a trip, you need to let Allianz Assistance know. They may ask you to pay a premium or could refuse cover for those medical conditions. This will also apply to any new upgrade for medical conditions that you purchase from the new insurer on or after 21 November 2021
  • If you purchase an upgrade with AXA for risks which are not covered under the policy as standard before 21 November 2021, your upgrade will continue to be underwritten by AXA until the expiry date stated in your upgrade schedule and will not be cancelled. All claims will be managed by Allianz Assistance for incident dates on or after 21 November 2021. You will receive confirmation letters separately from AXA and Allianz Assistance which include guidance on who to contact. You do not need to take any action
  • From 21 November 2021 there won’t be cover if you’re abroad and you are instructed to return home or choose to leave early to avoid having to quarantine when you get home because of an epidemic or pandemic
  • There’s still cover for cancellation if a booked trip needs to be cancelled because you or someone else covered under the policy are asked to quarantine on an individual basis. From 21 November your cancellation cover will also cover you if a companion you are travelling with is asked to quarantine on an individual basis
  • There will be additional cancellation cover for you or anyone you are travelling with who is covered under the policy, if you’ve booked to travel and either the carrier or a Government authority will not let you travel, because at the point of boarding, you are showing symptoms of a contagious disease
  • You’ll have access to a remote UK GP telephone and video consultation service if you want medical advice when you’re overseas
  • There will also be some changes to cover levels, for example for Ski and Golf cover. In particular, the cover limit for hired golf equipment is reducing from a maximum of £50 per day, up to a limit of £400, to £35 per day, up to a limit of £175

Please read the terms and conditions enclosed within the Guide to Changes (PDF, 280KB) for full details and exclusions. We’ve also provided some examples of pandemic cover under the new policy in the Guide to Changes (PDF, 280KB).

Other key benefit changes from 21 November 2021

  • Card Cancellation will no longer be a service provided with the account. Once the Card Cancellation benefit ends, the data will be destroyed within a reasonable period of time and in line with our policy requirements
  • There will be some changes to the AA Breakdown cover and to the Home Emergency cover. There will also be a change to the Mobile Phone Insurance benefit that comes with this account to make it clear that for incidents occurring from 21 November, if you make a valid claim for a replacement handset, you will receive a refurbished device which has been through a comprehensive checking process to ensure it’s in full working order. For details of the changes, please refer to the Guide to Changes (PDF, 280KB)

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.

  • You can apply to add an arranged overdraft to your account 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.

Helpful tools - You can use our eligibility checker and cost calculator to check your eligibility and calculate the cost of an arranged overdraft.

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.

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.

Applying for this product does not improve your eligibility for an arranged overdraft. 

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

 

  • Arranged overdraft details

    • £50 interest free amount
    • 39.9% EAR (variable) representative
    • Your interest rate will be based on how you manage any accounts you have with us and on the credit information we hold about you
    • No unarranged overdraft interest, fees or charges

    Representative example

    Arranged overdraft representative example

    A variable representative rate of

    A variable interest rate of

    Based on borrowing

    A variable representative rate of

    61.7% APR

    A variable interest rate of

    39.9% EAR*

    Based on borrowing

    £1,200

    The APR includes monthly maintaining the account fees of £17 and an interest free amount of £50

     

    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:

    £2.87 for 7 days

    £12.42 for 30 days

    £25.18 for 60 days

    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 Calculator Eligibility Tool

    *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.

    Find out more about arranged overdrafts

    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

How to apply?

I’m new to Halifax

New customer? It’s easy to apply online, you’ll have the option of switching at the end of your application.

We’ll ask for your income details and your home address over the last three years. Make sure you have these ready.

I'm a new customer

I’m an existing Halifax customer

You can open a new account or upgrade an existing account by signing into Online Banking.

If you’re upgrading, your sort code and account number will stay the same.

I'm an existing customer
  • Switch to us in seven working days

    Current Account Switch Guarantee

    Switching to us is quick and easy. Just fill in our simple online form and let us take care of the rest.

    With the Current Account Switch Service, we'll switch your accounts within seven working days. And we handle all the admin - we'll set up your new account, transfer your Direct Debits, and close down your old account for you.

    Switch today to get all the perks of the Ultimate Reward Current Account within seven working days.

    Why switch current account?

    There are many reasons why people might choose to switch bank accounts. It could be a new reward that you’ve taken a fancy to, or perhaps a new account has better features than the one you already have.

    Here are some of the reasons people might switch:

    • We’ll move all your payments - Any payments, Direct Debits, Standing orders and remaining balance will be transferred into your new current account.
    • Choose your switch date - Switch in 7 working days or select a later date that suits you.

    Your switch is safe

    Payments - Any payments made to your old account will automatically be redirected to your new account. We'll also contact the sender with your new account details.

    What if something goes wrong? - You're covered by the Current Account Switch Guarantee. We'll refund any interest (paid or lost) or charges made on either your old or new current account.

    How to switch your current account

    Switching is extra easy

    Day 1

    Day 1-6

    Day 7

    Day 1

    New customers

    Apply for a new current account and switch.

    Day 1-6

    You can still use your old account and use your new Halifax account.

    We'll transfer payments from your old account to your new Halifax account.

    Day 7

    Switch complete. We close your old account and move any funds to your Halifax account.

    6 months 0% interest free overdraft when you switch

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

    What happens after the 0% interest free period ends?

    Once your six month interest-free period ends we will charge interest daily. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft.

     

    Representative example (based on using an Ultimate Reward Current Account)

    An arranged overdraft on an Ultimate Reward Current Account has a variable interest rate of 39.9% EAR, and a variable representative rate of 61.7% APR, based on borrowing £1,200.

    The APR includes monthly maintaining the account fees of £17 and an interest free amount of £50.

    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: £2.87 for 7 days, £12.42 for 30 days and £25.18 for 60 days.

    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.

     

     

  • 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 1.7MB).

    Current Account Switch Guarantee
    Crystal Mark 20785. Clarity approved by Plain English Campaign.

Other account information

 

  • Packaged bank accounts typically involve paying a monthly maintaining the account fee in return for additional account perks and benefits. For example, these benefits could include breakdown cover, mobile phone insurance and travel insurance, all of which would be covered by the monthly account fee. These are on top of all the features you might normally expect from a current account. If you have a need for more than one of the benefits, It’s a great way to have your insurances grouped together and can often be seen as more cost effective.

  • Joint accounts are a great way to manage household finances together. The monthly fee to maintain the account is the same whether account is in a sole name or joint names, if both parties have a need for more than one of the benefits, you may find this provides a cost effective way to cover your insurance needs.

     

    If you are looking to open a joint account with somebody else, the process can be slightly different to opening a single account. One of you can start by opening a bank account online. You’ll both then need to pop into branch to make it a joint account. This allows us to carry out the necessary checks to ensure the account is set up as joint.

     

    If you already hold an account held in joint names with us already, one of you can change your existing account into the Ultimate Reward Current Account through our mobile app, by going to the account menu and clicking ‘Change account type’ or by signing into Online Banking and clicking ‘Upgrade now’.

  • For more information and terms and conditions for this account, read the Ultimate Reward Current Account Getting Started Guide (PDF 1.3MB).

    For more information about the fees associated for Payment Services with this account please see the Fee Information Document (PDF 137KB).

Not the right account for you?

With so much choice, take a look at our other current accounts to see which account suits you best.

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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.

Halifax current accounts and services are offered subject to status. Available only to personal customers aged 18 or over who are resident in the UK.

Whether you can have an arranged overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is repayable on demand.

The insurance cover and other services that come with the Ultimate Reward Current Account Benefits Package are renewed every month and will end if: (i) your Ultimate Reward Current Account is closed; (ii) you fail to pay the monthly maintaining the account fee for the account; (iii) your account is changed to another type of account with us; (iv) your residential address is no longer in the UK. Any other insurance policies that you yourself have taken out at a discount as part of the benefits package will not be affected.