Finder rating
★★★★★
Expert analysis
Customer rating
★★★★★
Satisfaction survey
Comprehensive current account features
No budget planner tools in the app
Halifax current accounts for March 2023
Halifax has a range of current accounts to choose from, whether you want a free everyday bank account or a paid-for one with perks and rewards.
Halifax offers a decent range of current accounts with all the benefits of a big bank, including multiple ways to bank and 6 days a week customer service.
Compare Halifax current accounts
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Types of current account from Halifax
Halifax offers a free everyday current account, plus a range of options for those who are looking for something more specific:
Reward and incentive accounts
Halifax has two different reward accounts that come with various benefits and perks in return for a monthly fee. The Reward Current Account offers preferential rates on travel money as well rewards like a free monthly cinema ticket or £5 in cash, all in return for a £3 monthly fee. The fee isn’t charged if you deposit at least £1,500 into the account each month. The Ultimate Reward Account charges £17 each month and offers extras like travel insurance and home emergency cover. However, the cashback these accounts earn is limited to a restricted number of retailers, so you may want to compare current accounts to see if there’s a better deal available for you.
Learn more about reward and incentive accountsStudent accounts
Halifax’s student account offers a respectable fee-free overdraft of up to £1,500, but it doesn’t come with any freebies, so it may be worth checking out the competition – some student accounts offer incentives such as railcards and retail discounts.
Learn more about student accountsChildren’s accounts
Halifax’s Expresscash account helps children between 11 and 17 to better manage their money and also treats them to a small interest rate on balances. The Money Smart account, for kids between 11 and 15, comes with a Visa debit card and interest which can be earned through a linked savings account.
Learn more about children’s accounts
Halifax customer reviews
Halifax was ranked tenth out of 18 current account providers in our independent 2023 customer satisfaction survey. Its users gave the brand 4.5 out of 5 stars and 79% said they’d recommend the current account service. Users highlighted the bank’s decent levels of customer service and its user-friendly app. Here’s what some of those Halifax customers had to say in our survey:
“I have been with them for a number of years and am very satisfied with their service.”
“Opened my first account with them and always been with them. Good quick customer service if needed.”
“They have an easy to use app.”
On the Apple App Store, Halifax’s mobile banking app scored 4.8 out of 5 stars, based on over 1.4 million user reviews. On the Google Play Store, it scores 4.6 out of 5 stars, based on a whopping 5 million reviews (last updated, February 2023).
Pros and cons of banking with Halifax
- Switching incentive. Halifax occasionally offers an account switching incentive, so if you’re unhappy with your current provider, why not give it a shot?
- Multiple ways to bank. Halifax has more than 500 branches in the UK, so chances are there’s one pretty close to your place. You can also bank on the phone, online or using the mobile app.
- Mobile banking app. Halifax’s mobile app is straightforward and easy to use. If you’re after advanced budgeting features, it isn’t the right place to look, but all in all, it does the job fine.
- Global acceptance. Halifax’s current accounts all come with a Visa debit card that is accepted pretty much anywhere in the world.
- A wide range of related products. Halifax also does savings accounts, credit cards, loans, mortgages, investments and insurance – so if you’re the all-in-one-place kind of customer, you can easily settle down and let Halifax handle the whole package.
- No in-credit interest.None of Halifax’s main current accounts pay interest on in-credit balances.
Opening an account with Halifax
To open an account with Halifax, you’ll have to provide the following information:
- How much you expect to pay in each month
- Your employment status
- Your salary details and any assets you have
- Your nationality/citizenship
- Your residence status/tax residence status
- Proof of identity (passport or driving license)
You can open a Halifax account online or by visiting a branch.
Our verdict
Halifax offers rewards with some of its current accounts, but they might not be as eye-catching as others on the market. Make sure to look around and find the best account for your needs. If Halifax’s current accounts are not for you, you can also compare other current accounts here.
Frequently asked questions
Banking ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
The customer satisfaction score ("Customers say") is based on a survey of 2,944 customers carried out in December 2022.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
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