If you are coming to the end of your mortgage, credit card or loan payment holiday, we will contact you before it ends, there is no need to call us. You can use our coronavirus support tool to find the right solution for your needs and confirm what you would like to do in a few simple steps.

More people have switched to us than to any other bank.

  • Earn £5 or a lifestyle benefit each calendar month - Access to Reward Extras if you switch to a Reward Current account or Ultimate Reward Current Account. T&Cs apply.
  • 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.
  • Up to 15% Cashback - Earn as you shop with Cashback Extras. Activate offers through Online or Mobile Banking and shop with your debit card at selected retailers. Merchant offers and cashback amounts vary. T&Cs apply.

You're eligible for the £100 offer if...

You start your switch by the 14th September 2020, use the Current Account Switch Service to close your old account held elsewhere and switch into one of the following accounts:

  • A new Halifax Reward Current Account (no fee or £3 monthly maintaining the account fee any month you pay in less than £1,500)
  • A new Halifax Ultimate Reward Current Account (£17 monthly maintaining the account fee)

You won't qualify for the offer if:

You are switching to a Halifax Current Account, Basic Account, Student Account, Youth Account or any existing account. If you've received cashback for switching to us since April 2018, we're sorry but you won't get it again.

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 bank accounts

Switching is extra easy

Day 1

Day 1-6

Day 7

Day 1

New customers

Apply for a new current account and switch.

Existing customers

Complete our switching form.

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 a Reward Current Account)

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

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: £3.22 for 7 days, £13.86 for 30 days and £28.09 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.

  • How do you apply for an arranged overdraft?

    At the end of your current account application process, we may offer you an arranged overdraft. If we do, we'll tell you the maximum amount you can have and you can add it right away. You can also apply for one later.

    What happens if I am overdrawn and want to switch?

    We will show you the maximum amount of arranged overdraft we can offer you before you complete your switch request form, if we are unable to offer you the full amount you will need to make arrangements with your bank to pay back the remaining amount.

    If you've already got a current account with us you can sign into Online or Mobile banking and see if there is an option to extend your arranged overdraft.

     

    Representative example (based on using a Reward Account)

    Representative example (based on using a Reward Account)

    A variable representative rate of

    A variable interest rate of 

    Based on borrowing

    A variable representative rate of

    39.9% APR

    A variable interest rate of 

    39.9% EAR*

    Based on borrowing

    £1,200

    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:

    Interest on borrowing

    £3.22 for 7 days

    £13.86 for 30 days

    £28.09 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

     

    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.

Not got an account with Halifax?

Apply for a Reward Current Account or Ultimate Reward Current Account and then switch in order to qualify for the £100 offer.

  1. Choose and apply for an account.
  2. Complete our simple switching form during your application.
  3. We’ll switch your account in 7 working days

Reward Current Account

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

  • Earn £5 or a lifestyle benefit each month you meet the Reward Extra conditions
  • Contactless VISA debit card
  • Earn up to 15% cashback, merchant offers and cashback amounts vary, T&Cs apply
  • Overdraft facility subject to approval
Find out moreabout our Reward Current Account

Ultimate Reward Current Account

£17 monthly maintaining the account fee.

  • All the benefits of the Reward Account
  • Worldwide travel insurance
  • Mobile phone insurance
  • AA breakdown cover
  • Home Emergency cover
Find out moreabout our Ultimate Reward Current Account

For free everyday banking, you can also switch to our Halifax Current Account. This account is not included in our switch offer.

Already got an account with Halifax?

You can switch a current account held elsewhere into an existing Halifax bank account. You will not qualify for the switching offer by switching into an existing account.

  1. Complete our simple online switching form.
  2. Let us do the rest and your switch will be completed in 7 working days.

Complete our switch form

The form should take around 5 minutes to complete and you'll need your old bank details to hand.

  • To qualify for the £100 switching offer (“the offer”) you must open a new Reward Current Account or Ultimate Reward Current Account and use the ‘Current Account Switch Service’. The following conditions apply:

    • Apply for a new Reward Current Account (£3 monthly maintaining the account fee applies) or new Ultimate Reward Current Account (£17 monthly maintaining the account fee applies) (‘Qualifying 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 to the Qualifying Account and close your old account with the other bank.
    • The Qualifying Account must be opened between 04/08/2020 and 14/09/2020 and the switch started by 14/09/2020.

    You are not eligible for the offer if:

    • You open and switch to any account other than a new Reward Current Account or new Ultimate Reward Current Account.
    • You change your existing current account to a Reward Current Account or Ultimate Reward Current Account and switch to that account.
    • Since April 2018 you received a switching offer for switching to a Reward Current Account or Ultimate Reward Current Account.
    • The bank you are switching from does not participate in the Current Account Switch Service. To find out more visit www.currentaccountswitch.co.uk
    1. The offer applies to applications received in branch, online or by phone from the 04/08/2020 to 14/09/2020. The offer is subject to change and can be withdrawn without notice at any time.
    2. The offer does not automatically guarantee an arranged overdraft and any application will be subject to status. If your account has an arranged overdraft you will not pay any daily arranged overdraft interest for 6 months.
    3. After 6 months, or if you change your account, you will be charged daily arranged overdraft interest applicable to the account you hold if you use your arranged overdraft. Please see the Bank accounts and switching to us leaflet for full details on arranged overdraft interest. You will have been given this when you opened your account, but if you would like another one, please ask in branch or look at https://www.halifax.co.uk/bankaccounts/switch-to-halifax/
    4. Only one offer is available per customer. Joint accounts will only be eligible for one payment.
    5. The offer will be paid directly into your account by the time your switch has completed and 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.
  • The Current Account Switch Service makes switching from one bank or building society to another simple and hassle-free whether you’re a consumer, small charity or small business. You’ll find the main benefits of the service below:

    Switch on your terms.

    With the Current Account Switch Service you can choose a switch date to suit you. Just make sure you allow a minimum of seven working days.

    Simple and hassle-free.

    The new account provider transfers any existing balance and all existing payment arrangements for you – including those going out (for example Direct Debits and standing orders), those coming in (for example, your salary) and payees you already have set up.

    Wide ranging spread of UK banks and building societies are on board.

    This means over 99% of UK current accounts are covered by the Current Account Switch Guarantee.

    The switching process is the same everywhere.

    Every bank and building society offering the service follows exactly the same switch process.

    Payments are automatically redirected.

    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.

    Backed by a Guarantee.

    In the unlikely event that something goes wrong with your switch, the new provider will refund any interest or charges incurred on your old or new account as a result.

    A single point of contact.

    The whole process will be handled by the bank or building society you are switching to. If you have any questions or concerns, just ask your new provider.

  • 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.

    Current Account Switch 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).

    Crystal Mark 20785. Clarity approved by Plain English Campaign.

Halifax current accounts and services are offered subject to status. 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.

**Based on Halifax internal switch data since the Current Account Switch Service launched in September 2013