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Important information
Ultimate Reward Current Account
Financial Services Compensation Scheme
This information is an overview of Halifax Ultimate Reward Current Account, Halifax High Interest Current Account, Halifax Moneyback Current Account, Halifax Current Account, Student Current Account, Cardcash and Expresscash. Each account has its own conditions and you should read these before opening an account.
You can withdraw up to £1200 a day from any Halifax branch without giving notice.
We subscribe to the Banking Code, copies are available on request. For further information or to view The Banking Code visit the British Bankers Association website (new window)
Ultimate Reward Current Account
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 have taken out yourself at a discount as part of the benefits package will not be affected.
Halifax High Interest Current Account
Different rates apply to customers who do not pay at least £1,000 into their Halifax High Interest Current Account each month.
If you pay at least £1000 into your account each month you will automatically qualify for higher interest rates on your balance when it is in credit and lower interest charged on arranged overdrafts. If you pay in less than £1000 a month for two or more months in a row you will lose these interest rates until you pay in at least £1000 a month for three months in a row.
Halifax moneyback Current Account
This account is no longer available to new customers.
Moneyback is only available on debit card purchases. 'Debit card purchases' means goods and services bought using the card or card account number. The following debit card transactions do not qualify for moneyback - obtaining cash, foreign currency or traveller's cheques, the settlement of credit card bills, wire transfers of money orders, the purchase of stocks and shares.
To qualify for moneyback, you must make monthly payments of at least £1,000 into your moneyback Current Account. If you miss two or more consecutive monthly payments of at least £1,000, you will not qualify for moneyback. If after that you pay at least £1,000 per month for three consecutive months into your moneyback Current Account, you will re-qualify for moneyback on debit card purchases made after the start of the fourth month. Moneyback is paid into your moneyback Current Account on each anniversary of account opening, or each anniversary of the date you re-qualified for moneyback, whichever is applicable.
To get credit we must be satisfied with your personal and financial circumstances, and you must be 18 or over. Your account must have £100 in it before we can send you your Visa debit card or cheque guarantee card. You can get more details from your local branch.
Halifax is a division of Bank of Scotland plc. Registered in Scotland. Registration Number SC327000. Registered office: The Mound, Edinburgh, EH1 1YZ.
Details of interest rates and charges
Financial Services Compensation Scheme
Bank of Scotland plc (of which Halifax is a division) is a member of the Financial Services Compensation Scheme. This provides our customers with additional peace of mind that your money is safe.
The Financial Services Compensation Scheme (FSCS) can pay compensation to consumers in the unlikely event that a financial services firm is unable to pay back your money. Find out more about FSCS.
For the conditions applying to the Travel Money Service, please see our Travel Money section.
Bank of Scotland plc (registration number 169628) and St Andrews Insurance plc (registration number 202932) are authorised and regulated by the Financial Services Authority and are on the FSA Register. You can see details on www.fsa.gov.uk (new window).
Halifax is licensed under the Consumer Credit Act 1974 by the Office of Fair Trading. You can get more details from www.oft.gov.uk (new window).
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If we cannot settle your complaints you can refer it to the Financial Ombudsman Service.
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You can get information about our complaints procedures online.
Next steps
If there’s anything you don’t understand or can’t find, phone us on 08458 50 37 04 between 8am and 8pm, seven days a week.
Calls to 0845 numbers from BT landlines cost a maximum of 4p per minute. The price of calls from other telephone companies will vary.
