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Ultimate Reward Current Account
Apply now or upgrade to the Ultimate Reward Current Account and get great account benefits.
The Halifax Ultimate Reward Current Account brings you a wide range of account benefits and special rewards that could save you hundreds of pounds a year, all for just £12.50 a month.
The benefits include many money-saving extras, from worldwide multi-trip family travel insurance to RAC breakdown cover. The more account benefits you use, the more you save.
See for yourself in the table below exactly how much this bank account could be worth to you. It could all add up to over £800 worth rewards!
| Benefit | Possible Savings |
| Worldwide, multi-trip family travel insurance Comprehensive cover for two adults and unlimited children | £188.34 |
| RAC Car breakdown cover Help from the RAC if the vehicle you are travelling in breaks down | £44.00 |
| Home emergency cover The help you need if you have an emergency at home | £49.99 |
| Mobile phone insurance Your mobile is protected at home and abroad | £51.00 |
| Card protection Protection for all your debit, credit, store and charge cards while at home or abroad | £20.00 |
| Extra Interest on Halifax Instant Saver 1% more interest than the standard rate of interest we pay for Halifax Instant Saver accounts | £50.00 |
| Bonus payment on Home Mover and First-time Buyer mortgages £150 bonus payment when you take out one of our Halifax First-time Buyer or Home Mover mortgages | £150.00 |
| Interest-free overdraft You pay no interest on the first £300 of any arranged overdraft (typically 19.5% EAR variable on arranged overdrafts over £300). | £58.50 |
| Discount on car insurance Up to 15% discount on Halifax car insurance | £51.71 |
| Discount on home insurance Up to 15% discount plus up to a further 15% discount when you buy buildings and contents insurance together | £39.75 |
| Discount Card A discount card that could save you money on holidays, leisure activities, shopping, household bills and much more | £134.00 |
Total Value | £837.29 |
See how we have worked out the savings.
Below are the other benefits you could enjoy when you open or switch your bank account to the Ultimate Reward Current Account.
5.12% AER interest |
| Travel accident cover You get cover worth up to £100,000 if you're involved in an accident while travelling on public transport anywhere in the world |
| Commission-free foreign currency You’ll pay no commission for your foreign currency and foreign currency traveller's cheques, and we'll also buy back any of your leftover foreign currency or foreign currency traveller's cheques free of charge. |
| Identity Theft Assistance Unlimited access to a free identity-theft advice line, 24 hours a day, 365 days a year |
| Car purchase scheme If you buy your car with finance from Freeway (typical 10.9% APR ), we'll refund the acceptance fee you paid |
| Price Promise If you buy an item with your Halifax Visa debit card and then see it cheaper, you can claim the difference back from us |
| Purchase Protection The items you buy with your Halifax Visa debit card are automatically covered if they are lost, stolen or accidentally damaged. |
Find out how easy it is to switch bank accounts to Halifax with our free switching service.
Use our Ultimate Reward Current Account calculator to see how much you could save.
Next steps
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or upgrade your existing account online. |
Or call us on 0845 850 0694, 8am to 8pm Monday to Friday, 8am - 6pm on Saturdays, and 9am - 5pm on Sundays.
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Or you can visit your local branch. |
Alternatively, we can call you
For most of the Ultimate Reward Current Account benefits, we have worked out the value of the savings by considering what the benefits could cost you if you bought them from a variety of suppliers. Some account benefits are for the first year only and others are ongoing. For details of the typical potential saving for each benefit and how the savings were calculated see our benefits calculation page.
AER stands for annual equivalent rate. It shows what the interest rate would be if it was paid on the whole balance once a year. The gross rate (before tax each year) is the rate of interest we pay before we take income tax at the rate set by law. EAR is the equivalent annual rate. It shows what the interest rate would be if interest was taken from your account once a year. It does not take account of any fees or charges. Whether you can get Halifax accounts and the services we offer depends on your personal and financial circumstances. Credit (including overdrafts and debit cards) is only available to people aged 18 or over and who meet our conditions. All interest rates are variable, which means that they can change.
Calls to 0845 numbers from BT landlines will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. The call prices we have quoted were correct in November 2008.
