Home | Life & Style | Features

Features

Why bother switching bank accounts?

Births, marriages, lottery wins – life changes pretty fast. And the bank account that was right for you yesterday might not fit the bill tomorrow. This is why switching bank accounts to Halifax should be in your plans, as our current accounts can change as you do.

But you’re busy - why bother? Aren’t there loads of forms to fill in? And what about moving over all those direct debits, standing orders and regular payments? Switching might sound complicated, but it’s actually very simple and hassle-free. At Halifax, our dedicated switching team take all of the hassle out of the move. Once you’ve given us your completed switching form, you can put your feet up. We’ll contact your previous account provider and sort out those direct debits and standing orders. We’ll keep you in touch with how things are going. And we’ll do everything we can to get everything done and dusted as quickly as possible – usually within 28 days.

Of course, no matter how fast the switch is, you won’t want to transfer your current account to us without good reason. So move to us and you’ll be one of our many current account customers who are regularly rewarded. Go for the Halifax Reward Current Account, and we’ll give you £5 for each calendar month you pay in at least £1,000. Just think about what you could spend an extra fiver on.

Then there’s the Halifax Ultimate Reward Current Account, which is available for £12.50 per month. Along with the £5 reward payment for each calendar month you deposit £1,000, there’s also a wide range of benefits which could leave you better off each month. How does multi-trip family travel insurance, AA Car Breakdown cover and mobile phone insurance sound? They’re provided by the 3rd party suppliers listed below.

But what’s the point of having such a great current account if it’s a hassle to access? At Halifax, we understand that not everyone has time to visit their branch these days. So all of the options mentioned above come with online banking. Whether you’re on the train, at work or even in the middle of the countryside, as long as you have a web connection, you’ll have access to your money 24/7, 365 days a year.

Rewards, benefits and access when you need it. What more could you want from your current account? You can find out more about switching, either in branch or over the phone, if you need a little extra help with your move - or check out what we have to offer on our website.

Pay in £1,000 each calendar month to receive £5 (net)/£6.25 (gross) monthly. Reward paid net of income tax (at the rate specified by law, currently 20%). Higher rate taxpayers may need to pay additional tax on the reward. Call us, go online or visit one of our branches for more information on all fees and interest rates. Available only to personal customers, aged 18 or over and who are resident in the UK. 

Worldwide multi-trip travel insurance is administered by FirstAssist Insurance Services Limited and underwritten by Great Lakes Reinsurance (UK) PLC.

AA Breakdown Cover is provided by the AA (The Automobile Association Limited).

Mobile phone insurance is arranged and administered by STAMS limited with a single insurance provider, London General Insurance Company Limited.

We are regulated by the Financial Services Authority, except for lending, for which we are licensed by the Office of Fair Trading. We subscribe to The Lending Code. Details can be obtained from www.lendingstandardsboard.org.uk

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound,  Edinburgh EH1 1YZ