{"id":414038,"date":"2021-09-15T12:08:53","date_gmt":"2021-09-15T11:08:53","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=414038"},"modified":"2026-02-12T16:11:52","modified_gmt":"2026-02-12T16:11:52","slug":"halifax-reward-current-account-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/current-accounts\/halifax-reward-current-account-review","title":{"rendered":"Halifax Reward current account review: Is it worth it?"},"content":{"rendered":"<h3>What is the Halifax Reward current account?<\/h3><p>The Halifax Reward current account is a step up from the standard Halifax current account, but a level below the Halifax Ultimate Reward account which charges a \u00a319 monthly fee.<\/p><p>With the Halifax Reward account, you\u2019ll have access to a range of rewards and cashback offers and, providing you pay \u00a31,500 or more into your account each month, you\u2019ll avoid the \u00a33 monthly fee. The account can be opened individually or jointly and comes with a contactless Visa debit card.<\/p><p><strong>Note that from 17 June 2025, you\u2019ll no longer be able to add Reward Extras to your account or renew existing ones, as the account is being revamped. We\u2019ll update this guide at a later date to reflect the new changes.<\/strong><\/p><h3>How does it work?<\/h3><p>As well as offering everything you\u2019d expect from a bank account, the Halifax Reward account also includes the following key features:<\/p><ul><li><strong>Reward Extras.<\/strong> Choose between 3 x digital magazines, 1 x cinema ticket at any UK Vue cinema, or \u00a35 in your account each month.<\/li><li><strong>Cashback Extras.<\/strong> Earn up to 15% cashback at selected retailers.<\/li><li><strong>Save the Change.<\/strong> Round up your card payments to the nearest pound to save as you spend.<\/li><li><strong>0% overdraft for 6 months.<\/strong> New current account applicants can benefit from an interest-free overdraft for 6 months. After this, you\u2019ll be charged interest. <\/li><\/ul><h3>Who is it for?<\/h3><p>To be eligible for the Halifax Reward account, you must be at least 18 years old and a UK resident. You will also need to pay at least \u00a31,500 into your account each month and stay in credit, otherwise you\u2019ll pay a \u00a33 monthly fee.<\/p><p>To qualify for Reward Extras, you must either spend \u00a3500 on your debit card each month, or keep \u00a35,000 or above in your account each day of the month.<\/p><h3>What are the benefits?<\/h3><p>The main benefit of the Halifax Reward account is the rewards on offer. You\u2019ll have the option to choose from a lifestyle benefit, such as cinema tickets, or straightforward cash if you prefer. You\u2019ll also be able to earn cashback as you spend in certain retailers.<\/p><h3>How to apply<\/h3><p>The quickest and easiest way to apply for the Halifax Reward account is online. You\u2019ll need to fill in an application form and provide details about your income and home address over the past 3 years.<\/p><p>If you\u2019re an existing customer, you can open a new account or upgrade an existing account by signing into online banking.<\/p>                                    \n<style>\n.tablefade { height: 850px; width: 100%; overflow-x: auto; overflow-y: scroll; }\n.tablefade .luna-table { position: relative; border-left: none !important; }\n.tablefade th:first-child, .tablefade td:first-child { position: sticky; left: 0; background: #ffffff; border-left: 1px solid #d4d3ce; z-index: 2; }\n.tablefade .luna-table td { vertical-align: middle; }\n.tablefade tbody tr:hover td { background-color: #f5f4ef !important; }\n.tablefadeafter { background: linear-gradient(to bottom, rgba(255, 255, 255, 0) 0%, rgba(255, 255, 255, 1) 100%); width: 100%; height: 10rem; margin-top: -10rem; margin-bottom: 4rem; position: relative; pointer-events: none; }\n.tablefade img { min-width: 96px; min-height: 53px; }\n\n.tablefade-filtered { max-height: 500px; width: 100%; overflow-x: auto; overflow-y: auto; }\n.tablefade-filtered .luna-table { position: relative; border-left: none !important; }\n.tablefade-filtered th:first-child, .tablefade-filtered td:first-child { position: sticky; left: 0; background: #ffffff; border-left: 1px solid #d4d3ce; z-index: 2; }\n.tablefade-filtered .luna-table td { vertical-align: middle; }\n.tablefade-filtered tbody tr:hover td { background-color: #f5f4ef !important; }\n.tablefadeafter-filtered { background: linear-gradient(to bottom, rgba(255, 255, 255, 0) 0%, rgba(255, 255, 255, 1) 100%); width: 100%; height: 3rem; margin-top: -3rem; margin-bottom: 4rem; position: relative; pointer-events: none; z-index: 5; }\n\n.lightbox { display: none; position: fixed; z-index: 9999; left: 0; top: 0; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.8); }\n.lightbox img { display: block; max-width: 90%; max-height: 90%; margin: auto; position: absolute; top: 50%; left: 50%; transform: translate(-50%, -50%); }\n<\/style>\n\n                    \n    \n\n<div id=\"lightbox\" class=\"lightbox\" onclick=\"closeLightbox()\">\n  <img decoding=\"async\" id=\"lightbox-img\" src=\"\" alt=\"Expanded Finder Badge\" loading=\"lazy\">\n<\/div>\n\n<script>\n  function openLightbox(event, imageUrl) {\n    event.preventDefault();\n    const lb = document.getElementById('lightbox');\n    const lbImg = document.getElementById('lightbox-img');\n    if(lb && lbImg) {\n        lbImg.src = imageUrl;\n        lb.style.display = \"block\";\n    }\n  }\n  function closeLightbox() {\n    const lb = document.getElementById('lightbox');\n    if(lb) lb.style.display = \"none\";\n  }\n<\/script><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">When do I earn rewards with the Halifax Reward current account?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>With the Rewards Extra feature, you'll get your reward around the 12th of the following month. If you have selected a lifestyle offer, you'll receive the offer each month to your registered email address. If you've selected the \u00a35 offer, it will be paid straight into your account.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">Does Halifax have a banking app?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes, it does. The app lets you pay people and bills, freeze your card if you misplace it, pay in cheques, update your security details, and call Halifax from the app without the usual security checks.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">Are funds in my Halifax Reward current account protected by the Financial Services Compensation Scheme?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes, eligible deposits held by a UK establishment of the Bank of Scotland are protected up to a total of \u00a3120,000 by the FSCS. However, this limit is applied to the total deposits you have with any of the following: Halifax, Intelligent Finance, Birmingham Midshires, Bank of Scotland, Bank of Scotland Private Banking, and Bank of Wales.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block has-padding-small\">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 <a href=\"https:\/\/www.finder.com\/uk\/terms-of-use\" class=\"fin-text-navy\">terms of use<\/a>. 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. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.<\/div><\/article>","protected":false},"excerpt":{"rendered":"<p>Discover what the Halifax Reward current account has to offer to see if it\u2019s right for you. <\/p>\n","protected":false},"author":1047,"featured_media":361312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[3763],"tags":[],"asset_tag":[],"class_list":["post-414038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-accounts"],"apple_news_notices":[],"yoast_head":"<!-- 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