Reward Current Account => £750 per month - Halifax

Reward Current Account => £750 per month

Halifax
0 % AER
Headline Interest Rate
£ 50
Switching bonus
  • Overdraft facility
  • No monthly charge
    • Open by:

This account may be appropriate for you if

  • You are older than 18

Switching bonus

Member of Current Account Switching Service: No
Maximum Switching Bonus: 50
Switching Bonus Conditions: £50.00 cash for switching to Halifax from another provider, using the switching service, transferring all active credits and debits from the current account with the other provider and closing that account. Terms and conditions apply. To qualify for an additional payment of £85 in the first 6 calendar months from the switch date customers must: Have successfully met all requirements above and been paid the above switching offer. Funded the switched account with at least £1,500 each calendar month. Used the switched account's debit card to pay for something (either contactless, chip and pin or online) Register for paper-free correspondence and statements.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5000 %
£ 1,0000 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 0 % AER
Monthly Reward: £ 2
Reward Conditions: Customers will receive a net monthly payment of £2 providing the account is credited with a minimum of £750 per month and remains in credit throughout the previous month, has a minimum of two different direct debit mandates from the account for each calendar month and the account does not have a debit balance at the end of any day during the calendar month.
Interest Paid: monthly

Overdrafts

Cost of Authorised Overdraft:
ScenarioCost
Overdraft Available: Yes
Authorised Overdraft Rate: % (equivalent to % per month)
Unauthorised Overdraft Rate (APR/EAR): % (equivalent to % per month)
Overdraft Fees Apply From: £ 0 overdrawn

Payment options

ATM Card
Cheque Book
Passbook
Debit CardVisa
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 500

Perks

Preferential rates onloan
Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Charges for Unpaid Items: None
Charges for Paid Items: None

Cost Abroad

ATM Charge Europe: Free
ATM Charge World: Free
Debit Card Charge Europe: No exchange rate fees
Debit Card Charge World: No exchange rate fees

Additional Charges

Charge for Replacement Statement: £ 5
Bankers Draft Charge: £ 20
Special Clearance Charge: £ 10
Charge For Cheque Receipts: £ 0
Bankers Reference Charge: £ 10
CHAPS Charge: £ 25
Charges For Cancelled Cheques: £ 0

Moneywise Best Buys

Current Accounts

ProductAER
Nationwide FlexDirect - Nationwide Building Society5%
Santander 123 Current Account - Santander1.5%
Tesco Bank Current Account - Tesco Bank3%
Bank of Scotland Vantage - Bank of Scotland1.5%
Lloyds Bank Club Lloyds - Lloyds Bank1.5%

About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: Bank of Scotland plc