Halifax High Interest Current Account

Our award winning High Interest Current Account pays an incredible 5.12 % AER credit interest on balances up to £2500.

That's 50 times more than NatWest, HSBC and Barclays offer

See how we compare

Accounts compared are standard current accounts offered by the banks listed. Better rates may be available online or where account funded with more than £1000 a month.

Who's it for?

Anyone who can pay in at least £1000 or more every month can apply.

Product features:

• 5.12% AER (5% gross) interest on balances up to £2500 and 0.1% AER/gross p.a. for anything over that amount.
• Visa Debit Card - use in thousands of shops and cash machines, around the UK and abroad.
• Overdraft facility -  15.9% EAR (Typical rate 19.5% EAR variable) when you pay in £1000 or more each month.               
• 24-hour online and telephone banking - check your balance, pay bills, transfer money, set up or change standing orders and cancel direct debits.
• Chequebook - available on request.

Apply now:

If you don't make payments of at least £1000 for two or more consecutive months, you will earn 0.1% AER/gross p.a. on any balance until you start funding with £1000 or more for three consecutive months.

EAR stands for Equivalent Annual Rate. AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded each year. The gross rate (5% gross p.a.) is the contractual rate of interest payable before the deduction of income tax at the rate specificed by law.