Halifax Bank Accounts Review

Compare Halifax Bank Accounts – read our review and compare the features and benefits available from Halifax. Make an informed decision to find a Bank Account that suits you.

Halifax provides an impressive range of current accounts, offering a number of features and benefits making your everyday banking experiences more satisfying and rewarding.

Each account has been designed to corner a specific section of the banking market, so you can browse these great accounts to find your match. Whether your looking to benefit from exclusive services such as Worldwide travel insurance for you and your family, breakdown cover, mobile phone insurance, card protection home emergency cover and more, Halifax current accounts have something for you.

All Halifax bank accounts come with a Visa debit card, making payments easy and making sure you're never far from your money. You can manage your Halifax current account online or by telephone 24/7, allowing you to carry out a number of banking tasks, from checking recent transactions to transferring money to an external account.

The Halifax Ultimate Reward Current Account (URCA) product has been awarded a Defaqto 5* award for the Mobile Phone Insurance aspect of its reward offering.

Defaqto are completely independent, ensuring an unbiased product view, making this a great result for Halifax.

Top 5 Bank Accounts products

Provider
Account
AER
Minimum Balance
Overdraft
Monthly Fee
Switch Guarantee
Apply
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Get 5.00% AER (4.89% gross p.a.) for in-credit balances up to £2,500 (fixed for the first 12 months). You must pay in at least £1,000 per month. This could be worth up to £125 over a year if your balance is £2,500 in credit!
5.00%
£1,000
£2,000
Free
Switch Guarantee
Representative Example: If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable).
Earn a minimum of 1% of your spend on all contactless payments with Cashback Plus. You must be age 18+. Also 0% £100 Overdraft, any other borrowing @ 19.24% (subject to eligibility)
0%
£1
£100
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply
Earn up to 5.00% AER variable on balances up to £2,000 providng you deposit at least £500 per month. To earn 5% AER you must credit your account with £500 each month, register for internet banking, paperless statements and paperless correspondence. Classic Plus has been awarded 5 stars by Defaqto.
5.00%
£1
£25
Free
Switch Guarantee
Representative Example: If you use an overdraft limit £1,200 the interest rate charged will be 19.94% EAR (variable).
Get FREE European Travel Insurance and NO monthly fee. You need to be 18+, No Fees or Minimum monthly deposits.
0%
£1
No Offer
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £1,200 a 18.9% EAR (variable) charge will apply
Earn 1% Cash Back at participating retailers. You must be age 18+. Also 0% £100 Overdraft, or up to £15,000 @ 19.24% (subject to eligibility)
0%
£1
£100
Free
Switch Guarantee
Representative Example: If you use an overdraft limit of £100 a 19.89% EAR (variable) charge will apply

Nationwide FlexDirect Account

Nationwide
  • Get 5.00% AER (4.89% gross p.a.) for in-credit balances up to £2,500 (fixed for the first 12 months)
  • You if you pay in at least £1,000 per month
  • Fee-free overdraft for 12 months (subject to approval)
  • Access to special rates and exclusive products
  • Online and mobile banking
  • Telephone banking and free text alerts
  • No monthly fee
  • UK call centres

Natwest Select

NatWest
  • ** Voted the best card benefits programme of the year at the Card and Payment Awards. **
  • Free day-to-day banking without subscription charges
  • Earn a minimum of 1% of your spend on all contactless payments with Cashback Plus
  • Overdraft available subject to eligibility, giving your finances some breathing space
  • Chequebook available subject to eligibility; handy when cash or cards aren't convenient
  • Monthly statements with all your transactions and your balance - by post or online. Or pick up a mini-statement from our cash machines

TSB Classic Plus Account

TSB
  • Market leading 5% AER variable interest on balances from £0 - £2,000.
  • To earn 5% AER you must credit your account with £500 each month, register for internet banking, paperless statements and correspondence (if available).
  • No introductory offer period.
  • Available to existing and new customers.
  • Low minimum monthly deposit of £500 required to meet eligibility.
  • No monthly fee.
  • Access to all the features of the standard Classic account such as Money Planner, Control, SMS alerts and internet banking.
  • Transact in branch, online or over the telephone.
  • £25 interest and fee free overdraft subject to application and approval
  • No hidden clauses – only need to meet CTO, register for internet banking, paperless statements and correspondence (when available) to get the interest rate.
  • 7 day switching service available.

Nationwide FlexAccount

Nationwide
  • VISA debit card with every account
  • The age restriction to open the account is 18
  • Free travel insurance: multi-trip European cover worth up to £70* (conditions apply)
  • Manage your account online with an excellent internet banking service.
  • Three-month interest-free overdraft when you switch to FlexAccount
  • Free day to day banking
  • Voted Best Overall Online Provider 2009 by Your Money

RBS Select

RBS
  • Free everyday banking - no monthly subscription charges.
  • No arrangement or renewal fees - on overdrafts up to £15,000. And pay no interest on agreed overdrafts of up to £100.
  • Save on your mortgage - use your Interest Paying Current Account balance to save money with our Offset Service.
  • Easy access to your money - your debit card gives you access to almost every cash machine in the UK. You can also pay for goods and services wherever you see the logo shown on your card.
  • Online banking - manage your money 24 hours a day, 365 days a year with our telephone and internet banking services. (Except for short periods of essential maintenance.)
  • Overseas money - get money in local currency at cash machines and buy goods wherever you see the logo shown on your card.
  • Statements - monthly statements list all transactions and your current balance. You can also get mini-statements from any cash machine.

Barclays Bank Account

Barclays
  • Create your own personalised Current Account with the new Barclays Features Store - Customise your account with a range of Packs that cover gadgets, home appliances, travel and more. Simply add the Features that you want and leave out the ones that you don't. Terms, conditions and exclusions apply - read the policy documents so you know whats covered and whats not.
  • Free Text Alerts to help manage your money
  • Personalise your debit card for free with your favourite photo (image guidelines apply)
  • Contactless debit card (subject to status) allows you to make fast and secure payments for items that are priced £20 or less.
  • Online, Telephone, Mobile and Branch
  • No minimum funding required
  • Barclays Pingit - the quick and easy way to send or receive money with just your mobile
  • Free switching service available

Santander 123 Current Account

  • The New 123 Current Account pays cashback on household direct debits
  • 1% cashback on water and council tax
  • 2% cashback on electricity and gas
  • 3% cashback on mobile, home phone, broadband and paid for TV packages
  • New 123 Current Account pays also pays in-credit interest
  • 1% AER on the entire balance, once the customer’s balance is £1,000 or over
  • 2% AER on the entire balance, once the customer’s balance is £2,000 or over
  • 3% AER on the entire balance, once the customer’s balance is £3,000 or over (up to £20,000)
  • You are required to pay £2 a month (equates to 6p per day)
  • Your overdraft fee will be 19.9% EAR plus an unauthorised fee of £1 per day.
  • Get a cheque book and a Visa Debit card. You can use your Visa Debit card in shops wherever you see the Visa symbol and at virtually every cash machine in the UK and many worldwide. It also acts as a £100 cheque guarantee card
  • Access to your money 24 hours a day 7 days a week through our e-banking service, 750+ branches, 24-hour telephone banking service, LINK cash machine network or even by post
  • You must setup a minimum of 2 active direct debits
  • You must deposit at least £500 per month
  • This account is open to NEW and EXISTING Santander customers aged 18 and above (must be UK resident)

Santander Everyday Current Account

  • A simple and straightforward current account that helps make managing your money easy and convenient.
  • 0% EAR (variable) overdraft rate.
  • No Daily Arranged Overdraft Fees for the first 4 months when you switch to us (depending on circumstances. See representative example).
  • After 4 months the Daily Arranged Overdraft Fee will be 50p per day capped at 20 days each monthly statement period (if you don't switch these Daily Arranged Overdraft Fees will start from when your account is opened.)
  • Access to our dedicated Switcher Service - It is important that you feel confident about switching to us and what is involved. Click here for full details of our simple three-step process.
  • Easy access to your account 24 hours a day with our internet and phone banking service. Plus you have access to over 1,300 Santander branches.
  • No interest is paid on your balance.
  • You must be aged over 18 and live permanently in the UK.

Santander 123 Mini Current Account

  • The 1|2|3 Mini Current Account is designed to provide a safe environment to learn money management and take the first steps towards financial responsibility for those aged between 11 and 18.
  • With the 1|2|3 Mini Current Account you'll get:
  • Rewarding interest rates paying 3% AER/2.96% gross (variable) on balances from £300 up to a maximum of £2,000.
  • £100+ = 1% AER
  • £200+ = 2% AER
  • £300 - £2000 = 3% AER
  • 24/7 access to your account via Online, Mobile and Telephone Banking.
  • Access nationwide via our branch network.
  • Free text and email alerts about your account.
  • The choice of a cash card or a Visa debit card.

TSB Classic Account

TSB
  • Free banking - no charge for everyday transactions when you’re in credit.
  • You will receive a debit card with your account
  • Manage your money 24 hours a day through Internet Banking, Telephone Banking and Mobile Banking.
  • Money Planner is a free, easy-to-use Internet Banking service that introduces a new way of keeping track of your money across your TSB personal current and credit card accounts.
  • £25 interest-free planned overdraft. (Subject to application and approval).
  • £10 overdraft buffer. No overdraft fees or interest to pay if you go overdrawn (either Planned or Unplanned) by £10 or less.
  • Grace period if you go over your limit. You have until 3.30pm (UK Time) to pay in enough money to avoid any overdraft fees you may incur that day.
  • Switching to us in just 7 working days – We can help to move Direct Debits and standing orders from any existing accounts to your TSB current account.
  • Access to over 600 branches and a network of ATM's worldwide

The Co-operative Bank Current Account

  • ***You must be a UK resident over 18-years old***
  • Get £100 for you and £25 for charity - when you switch your main current account to Co-op.
  • To get the £100 you need to credit your current account with at least £800 within 31 days of your switch date. This could be a regular payment into your account, like a salary or pension.
  • Co-op will then credit your account with £100 within 45 days from the date your switch is completed, if you have met the terms and conditions of the offer.
  • Choose a charity and Co-op will give them £25 - Co-op will send you details of how to choose a charity. You can choose one charity from any of the following (if you do not choose, £25 will be split equally between all of them). Payments to these charities will be made before 31 December 2014.
  • £200 overdraft - Debit interest of 18.9% per annum is charged on the total overdrawn balance. For overdrafts over £200 a £20 fee is payable on set up, when we agree new limits and upon each annual renewal of the overdraft. Subject to status.

The Co-operative Current Account Plus

  • ***You must be a UK resident over 18-years old and pay in at least £800 a month***
  • Get £100 for you and £25 for charity - when you switch your main current account to Co-op.
  • To get the £100 you need to credit your current account with at least £800 within 31 days of your switch date. This could be a regular payment into your account, like a salary or pension.
  • Co-op will then credit your account with £100 within 45 days from the date your switch is completed, if you have met the terms and conditions of the offer.
  • Choose a charity and Co-op will give them £25 - Co-op will send you details of how to choose a charity. You can choose one charity from any of the following (if you do not choose, £25 will be split equally between all of them). Payments to these charities will be made before 31 December 2014.
  • £200 overdraft - Debit interest of 18.9% per annum is charged on the total overdrawn balance. For overdrafts over £200 a £20 fee is payable on set up, when we agree new limits and upon each annual renewal of the overdraft. Subject to status.

Natwest Select Platinum Current Account

NatWest
  • Pay £16.00 per month and get the following benefits:
  • Green Flag car breakdown cover - even on your driveway
  • Mobile phone insurance – including all smartphones
  • Annual worldwide travel insurance - Members and their partners aged 70 years and over must pay an additional annual premium of £50
  • Travel benefits – discounts on holidays, flights and hotels

M&S Premium Current Account

Marks & Spencer
  • £100 M&S Gift card when you switch to us
  • Access to a 6% AER/gross fixed rate for 12 months with our M&S Monthly Saver*
  • Banking with NO MONTHLY FEE
  • Earn 1 point for every £1 spent on your M&S Visa Debit Card in M&S (in store and online) through the M&S Loyalty Scheme
  • Exclusive preferential rates on selected M&S Bank products
  • Banking online, in branch or via our 24 hour UK call centre
  • Automatic £500 overdraft at account opening – with the first £100 interest free15.9% EAR variable (subject to status)

Yorkshire Bank Current Account Direct

Yorkshire Bank
  • Get £150 when you switch your main banking to Yorkshire Bank. You need to switch a minimum of two active direct debits, and pay in at least £1000 per month and close your old account.
  • 2% AER (1.98% gross p.a. variable) on your credit balances up to £3000.
  • A minimum monthly credit of £1000 (excluding internal transfers) is required.
  • Competitive overdraft rate - you benefit from a planned borrowing rate of 9.9% EAR
  • Debit card - lets you withdraw cash and make purchases whether you’re at home or overseas
  • Internet Banking - you can pay your bills, transfer money between accounts and more
  • Mobile Banking - manage your money even when you’re out and about
  • Telephone Banking - you can access our telephone banking service 24/7.
  • Tax free interest on your account - If you fill out a R85 form to let us know that you qualify for tax free interest on your account.

Yorkshire Bank Current Account Plus

Yorkshire Bank
  • Get £150 when you switch your main banking to Yorkshire Bank. You need to switch a minimum of two active direct debits, and pay in at least £1000 per month and close your old account.
  • Competitive planned overdraft rate, with no arrangement fee
  • Savings Account Plus, an instant access account
  • Debit Card which can be used in person, by phone, online and abroad
  • Cash can be withdrawn at participating retailers using the CashBack facility
  • Withdraw up to £350 a day if you hold a Maestro card, or £500 a day if you hold a Debit MasterCard, 24 hours a day 365 days of the year at any Yorkshire Bank ATM or UK ATM. Subject to available funds.
  • 24 Hour Telephone Banking, Mobile and Internet Banking
  • Mobile phone top-up at ATMs.

Yorkshire Bank Signature Current Account

Yorkshire Bank
  • Get £150 when you switch your main banking to Yorkshire Bank. You need to switch a minimum of two active direct debits, and pay in at least £1000 per month and close your old account.
  • Worldwide* travel insurance - Travel Insurance from Clydesdale Bank is underwritten by AIG Europe Limited. Multi-trip cover for you and your family, including winter sports, golf and wedding cover. Cover is not provided for travel to or through Afghanistan, Cuba, Liberia and Sudan or areas where the Foreign and Commonwealth Office have advised against all but essential travel.
  • Mobile phone insurance - Mobile phone insurance is underwritten by London General Insurance Company Limited. Covers your phone worldwide for loss, theft and accidental damage of your mobile phone.
  • Gadget insurance - Gadget insurance is underwritten by London General Insurance Company Limited. Provides worldwide cover for devices including cameras, MP3 players, laptops, tablets and more.
  • ID Defender - Access your credit reports, check if your personal details are being used online, and get support and advice when you need it.
  • My Signature Rewards - Our rewards website gives you access to discounts on travel, leisure and high street shopping – save at Asda, Sainsbury’s and Morrisons.
  • UK breakdown cover - UK breakdown cover from Clydesdale Bank is provided by Green Flag whether you’re a driver or a passenger - including home call.
  • Preferential rates on our linked Signature Savings Account and a preferential standard rate for arranged overdrafts (subject to status).

Hasssle-free current account switching has finally arrived

  • Switch your account in just 7 working days
  • Your new bank arranges everything, including Direct Debits and Standing Orders.
  • Any payments in or out of your old account will be automatically redirected to the new one.
  • Switch Guarantee: if anything goes wrong, you will be refunded for any charges.