Ultimate Reward Current Account.

The account with a range of benefits for a monthly fee.

Worldwide multi-trip family travel insurance

  • Covers winter sports and golf trips
  • Covers UK trips where accommodation is pre-booked for 2 nights or more
  • Includes cover for:
    • Personal belongings up to £2,500
    • Single article, pair or set of articles up to £500
    • Valuables up to £500 in total
    • Personal Money up to £750 (cash £300).

More information


AA Breakdown Cover including Home Start

  • Breakdown assistance when you need it most. You're covered as a driver or a passenger in any eligible vehicle if you breakdown at home or on the roadside
    • Roadside Assistance
    • Home Start
    • Provides cover within the UK, Channel Islands and Isle of Man
    • Customer covered, not the vehicle.

More information


Mobile phone insurance

 

  • Insurance at home and abroad if your mobile phone is lost, stolen, damaged or breaks down (including faults)
  • One phone per account holder, maximum of two for joint accounts
  • Repair or replacement phone up to a maximum value of £2,000 (including VAT) per claim
  • Covers for loss, theft, damage or breakdown (including faults).

More information


Home emergency cover

  • Covers a sudden unexpected incident to your home which needs immediate action to;
    • Make it safe or secure and avoid damage or more damage
    • Make it fit to live in
    • Restore electricity, gas or water services if they have totally failed
  • Provides a qualified person chosen by us to deal with the emergency up to £250.

More information


Card Cancellation

For all financial cards – call us if they’re lost or stolen and we’ll request for them to be cancelled on your behalf.

More information


Also earn £100 when you switch to us

Current Account Switch GuaranteeWe'll pay you £100 within 3 working days of completing your switch to us. Just use the Current Account Switch Service to transfer 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.

Monthly fee explained

The Ultimate Reward Current Account costs £15 a month.

A lower monthly fee of £10 applies
if in the previous calendar month you pay in £750 or more and pay out at least 2 two different direct debits and remain in credit. You'll also need to keep your account open/not change it to a different current account until the fee is due to be debited (by the 2nd working day of the following calendar month).

Plus all the features you expect from a current account:

More about all the benefits you get with this account

Provided and underwritten by AXA Insurance UK plc

Key benefits Key exclusions
  • Worldwide multi-trip family travel cover
  • Covers winter sports and golf trips
  • Covers UK trips where accommodation is pre-booked for 2 nights or more
  • Includes cover for:
    • Personal belongings up to £2,500
    • Single article, pair or set of articles up to £500
    • Valuables up to £500 in total
    • Personal Money up to £750 (cash £300).
  • Cover ceases fully on your 71st birthday
  • Cover includes your spouse, civil partner or partner (who you live with) and children under 18 or under 24 and in full time education. Children are covered when travelling with the holder(s) of the Ultimate Reward Current Account or a Responsible Adult
  • Pre-existing medical conditions are not covered unless agreed by the insurer
  • The maximum trip duration is 45 consecutive days, for Winter sports a maximum 31 days cover in any calendar year
  • You will pay a maximum excess of £50 per claim.

For more information about the benefits of this account, read the Ultimate Reward Current Account Getting Started Guide (PDF).

Arranged and administered by STAMS Limited with a single insurance provider, Assurant General Insurance Limited.

Key benefits Key exclusions
  • One phone per account holder, maximum of two for joint accounts
  • Repair or replacement phone up to a maximum value of £2,000 (including VAT) per claim
  • Covers for loss, theft, damage or breakdown (including faults).

Excess is payable on all successful claims of:

  • Apple iPhones = £50 for damage and breakdown claims, £100 for loss and theft claims
  • All other handsets = £30 for all claims.

For more information about the benefits of this account, read the Ultimate Reward Current Account Getting Started Guide (PDF).

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

Key benefits Key exclusions
  • Provides cover within the UK, Channel Islands and Isle of Man
  • Roadside Assistance
  • Home Start
  • Customer covered, not the vehicle.

Doesn't include AA Relay, which would recover you to any single UK destination of your choice. Under this cover if it is not possible to fix the vehicle at the roadside, you will be recovered to a local repairer of the AA’s choice or a destination of your choice provided it is no further.

For more information about the benefits of this account, read the Ultimate Reward Current Account Getting Started Guide (PDF).

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

Key benefits Key exclusions
  • Covers a sudden unexpected incident to your home which needs immediate action to;
    • Make it safe or secure and avoid damage or more damage
    • Make it fit to live in
    • Restore electricity, gas or water services if they have totally failed
  • Provides a qualified person chosen by us to deal with the emergency up to £250.

This policy is to deal with ‘home emergencies’ needing immediate attention only and will cover costs up to a maximum of £250. It does not cover broken freezers for example.

For more information about the benefits of this account, read the Ultimate Reward Current Account Getting Started Guide (PDF).

Provided by Citymain Administrators Ltd (part of the SPB UK & Ireland Group Companies).

Key benefits

For all financial cards – call us if they’re lost or stolen and we’ll request for them to be cancelled on your behalf.

For more information about the benefits of this account, read the Ultimate Reward Current Account Getting Started Guide (PDF).


Applying for a new account?

Apply online for a new account in around 10 minutes.

You can only apply for a maximum of 1 sole and 1 joint Ultimate Reward Current Account with us.


Wanting to upgrade your existing account?

Already have a Halifax bank account and want to upgrade it to an Ultimate Reward Current Account?

Just sign into Online Banking and select the upgrade button of the account you'd like to change.


Got a question about your existing account benefits?

Key information for existing Ultimate Reward Current Account customers, including the benefits of your account and how to use them when you need to.

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

Our easy-to-understand overdrafts limits and daily fees

Buffer limit - £50

If you go overdrawn by any amount up to the value of £50, you won't incur any daily overdraft fees.

Planned overdraft

A planned overdraft is an agreed amount we allow you to go overdrawn on your account, which you arrange with us in advance of doing so.

The following daily fees apply to the various limits of a planned overdraft:

Amount Daily fee
Up to and including £300 (subject to approval)* N/A**
£300.01 to £1,999.99 £1
£2,000 to £2,999.99 £2
£3,000 and above £3

* You need to be aware you may not get the full £300 overdraft.
** Remember if you do choose to use your Ultimate Reward Current Account overdraft, although you may not incur any overdraft daily fees up to £300, you’ll pay the full £15 monthly account fee if you have had a debit balance (planned or unplanned) by the end of any day during the calendar month.

Unplanned overdraft:

An unplanned overdraft is an overdraft that’s not arranged with us in advance. You could go into an unplanned overdraft if you:

  • Go overdrawn and have no planned overdraft on your account (exceeding your buffer limit or if your account does not have a buffer limit)
  • Exceed your planned overdraft limit

The following daily fees apply to an unplanned overdraft on this account:

Amount Daily fee
All balances (over your planned overdraft limit)
£5

REPRESENTATIVE EXAMPLE:
IF YOU USE A PLANNED OVERDRAFT OF £1,200, THEN WE'LL CHARGE YOU A DAILY FEE OF £1. FOR ULTIMATE REWARD CURRENT ACCOUNTS, YOU WILL PAY THE HIGHER MONTHLY ACCOUNT FEE OF £15 RATHER THAN £10 IF YOU USE YOUR OVERDRAFT. THIS MEANS THERE WILL BE AN ADDITIONAL INDIRECT COST OF £5 IF YOU USE THE OVERDRAFT ON THIS ACCOUNT.


£100 TO SWITCH USING THE CURRENT ACCOUNT SWITCH SERVICE.

Terms and conditions.

To qualify for the £100 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 a new or existing, Reward Current Account, Ultimate Reward Current Account (£15 monthly fee) or Halifax Current Account ("your account").
  • 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 have previously received any other offer or benefits for switching to a Halifax bank account at any point since January 2012 or if you're a Bank of Scotland bank account customer switching to the Halifax.

You are not eligible for the offer if 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.

What else do you need to know?

  1. The offer applies to applications received in branch, online or by phone from the 23 March 2016. The offer is subject to change and can be withdrawn without notice at any time.
  2. 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 any daily overdraft fees for 6 months provided you stay within your planned overdraft limit; if you exceed your planned overdraft limit, then unplanned overdraft fees will still apply.
  3. After 6 months, or if you change your current 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 available in branch or rates, rewards, fees and overdrafts for details on overdraft fees.
  4. If you do not meet the conditions of the offer we may claim back the £100. We will do this by debiting £100 from your account.
  5. 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.
  6. The offer will be paid directly into your account within three working days once your switch has completed. The payment will appear as a cash credit.
  7. 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.

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 hassle-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.
  • For 36 months, 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.Crystal Mark 20785. Clarity approved by Plain English Campaign.

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


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 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, including any fees or interest. We subscribe to The Lending Code.

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 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.