Halifax

Halifax was founded in 1853 in Halifax, West Yorkshire. It was originally formed as the Halifax Permanent Benefit Building and Investment Society and became a publicly limited company in 1997.


In 2009 it became a subsidiary of Lloyds Banking Group. Lloyds Banking Group is listed on the London Stock Exchange and is a member of the FTSE 100.


As well as the Lloyds and Halifax brands, the group also owns Bank of Scotland, MBNA, Scottish Widows and Birmingham Midshires.

Halifax offers a wide range of banking products, including current accounts, savings accounts, mortgages and personal loans. It also offers credit cards and several insurance products.


Halifax
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Gold ribbon: first place

Bank accounts

Ranked 8th of 30 providers reviewed.

Customer happiness score 62.15%
Customer trust score 58.27%
Complaints performance 68.62%
Transparency rating 80.13%
Fairer Finance score
Reviewed Autumn 2023
67%
Gold ribbon: first place

Breakdown Cover

Ranked 5th of 31 providers reviewed.

Customer happiness score 58.26%
Customer trust score 64.46%
Complaints performance 62.45%
Transparency rating 74.87%
Fairer Finance score
Reviewed Autumn 2023
65%
Most trusted
Gold ribbon: first place

Car insurance

Ranked 23rd of 49 providers reviewed.

Customer happiness score 60.26%
Customer trust score 57.84%
Complaints performance 70.5%
Transparency rating 73.94%
Fairer Finance score
Reviewed Autumn 2023
66%
Gold ribbon: first place

Credit cards

Ranked 4th of 34 providers reviewed.

Customer happiness score 62.02%
Customer trust score 58.62%
Complaints performance 68.85%
Transparency rating 77.39%
Fairer Finance score
Reviewed Autumn 2023
67%
Gold ribbon: first place

Home emergency cover

Ranked 9th of 35 providers reviewed.

Customer happiness score 51.03%
Customer trust score 57.09%
Complaints performance 72%
Transparency rating 77.69%
Fairer Finance score
Reviewed Autumn 2023
64%
Gold ribbon: first place

Home insurance (building and contents)

Ranked 14th of 46 providers reviewed.

Customer happiness score 57.47%
Customer trust score 57.19%
Complaints performance 72.74%
Transparency rating 79.39%
Fairer Finance score
Reviewed Autumn 2023
67%
Gold ribbon: first place

Investing and pensions

Ranked 4th of 27 providers reviewed.

Customer happiness score 66.81%
Customer trust score 68.26%
Complaints performance 73.27%
Transparency rating 80.41%
Fairer Finance score
Reviewed Autumn 2023
72%
Gold ribbon: first place

Mortgages

Ranked 7th of 23 providers reviewed.

Customer happiness score 60.07%
Customer trust score 55.92%
Complaints performance 78.97%
Transparency rating 69.16%
Fairer Finance score
Reviewed Autumn 2023
66%
Gold ribbon: first place

Personal loans

Ranked 7th of 27 providers reviewed.

Customer happiness score 62.91%
Customer trust score 58.16%
Complaints performance 68.7%
Transparency rating 67.8%
Fairer Finance score
Reviewed Autumn 2023
64%

Savings Accounts

Ranked 32nd of 53 providers reviewed.

Customer happiness score 53.59%
Customer trust score 59.36%
Complaints performance 68.7%
Transparency rating 76.64%
Fairer Finance score
Reviewed Autumn 2023
65%

Bank accounts

Basic bank accounts

Halifax

Basic Account

4 stars
Cash withdrawal fee in UK (own bank) i £0.00
Annual fee i £0.00
Part of FSCS i
Bankers draft/cheque fee i Not available
Unpaid transaction fee i
Faster Payment limit i £50,000.00
Maximum cash machine withdrawal per day i £500.00
Can you use your card to pay for items overseas? i

Current accounts

Halifax

Reward Current Account

2 stars
Annual fee i £36.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Halifax

Current Account

2 stars
Annual fee i £0.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i
Cash withdrawal fee in UK (own bank) i £0.00
Card payment fee (£) i £0.00
App capability? i

Foreign use bank accounts

Halifax

Basic Account (inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Reward Current Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Student Current Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Reward Current Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Ultimate Reward Current Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Current Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Student Current Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Basic Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Current Account

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £1.50
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Halifax

Ultimate Reward Current Account (Inside Europe)

1 stars
Foreign cash withdrawal fee i 2.99%
Foreign cash withdrawal additional charge i £0.00
Foreign purchases fee i 2.99%
Is there a limit on free cash withdrawals? i No free cash withdrawals

Overdrafts

Halifax

Ultimate Reward Current Account

2 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Halifax

Reward Current Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Halifax

Current Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £0.00
Arranged overdraft interest rate (representative EAR) i 39.9%

Premium bank accounts

Halifax

Ultimate Reward Current Account

5 stars
Add-ons, cashback and rewards i AXA Worldwide travel insurance (including winter sports) for holder & family; LSG Mobile phone insurance; AA family breakdown cover (UK); IPA Home emergency cover, £5 reward each month
Part of FSCS or international equivalent i

Student bank accounts

Halifax

Student Current Account

4 stars
Arranged overdraft limit i £1,500.00
Tiered repayment of overdraft i
Switching / sign up incentive i

Car insurance

Halifax

Car Insurance

2 stars
Cover limit for lost keys i £0.00
Courtesy car for duration of repair i
Uninsured driver promise i
Cover for replacing original audio/visual equipment i Unlimited
Windscreen repair excess i £25.00
Windscreen replacement excess i £100.00
Repairs guarantee (years) i 3 years
New car replacement i
Cover limit for stolen keys i £500.00
24hr helpline available i
Courtesy car provided if stolen / total loss i
Vandalism i

Children's Accounts

Children's Bank Accounts

Halifax

Money Smart

Minimum Age i 11
Interest Rate (AER) First Tier i 3.05%
Maximum Balance First Tier of Interest Covers i £1,000.00
Maximum Age i 15
Interest Rate (AER) Second Tier i 0.9%
Maximum Balance Second Tier of Interest Covers i 1001+
Interest Rate (AER) Third Tier i
Maximum Balance Third Tier of Interest Covers i
Maximum Cash Withdrawal i £500.00
Ability to freeze or report a card lost via app? i
Rewards i
Additional information i Must have an existing Ultimate Reward Current Account or Reward Current Account.
Cash Transaction Fee i 0%
Cash Withdrawal Fee i £0.00
Card Delivery Fee i £0.00
Replacement Card Fee i £0.00
Foreign Cash Withdrawal Fee i £1.50
Foreign Transaction Fee i 2.99%

Halifax

Expresscash Account

Minimum Age i 11
Interest Rate (AER) First Tier i 0.5%
Maximum Balance First Tier of Interest Covers i £999.99
Maximum Age i 17
Interest Rate (AER) Second Tier i
Maximum Balance Second Tier of Interest Covers i
Interest Rate (AER) Third Tier i
Maximum Balance Third Tier of Interest Covers i
Maximum Cash Withdrawal i £500.00
Ability to freeze or report a card lost via app? i
Rewards i
Additional information i Financial education provided, Those aged between 11 and 12 can only apply in branch.
Cash Transaction Fee i 0%
Cash Withdrawal Fee i £0.00
Card Delivery Fee i £0.00
Replacement Card Fee i £0.00
Foreign Cash Withdrawal Fee i £1.50
Foreign Transaction Fee i 2.99%

Children's Savings Accounts

Halifax

Kids' Saver

Account Type i Easy Access
Interest Rate (AER) i 3.4%
Minimum Opening Balance i £1.00
Maximum Balance i £9,000,000.00
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 0
Maximum Age i 15
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i Reverts into Everyday Saver on child's 16th birthday.
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Halifax

Smart Savings Account

Account Type i Easy Access
Interest Rate (AER) i 3.4%
Minimum Opening Balance i £0.00
Maximum Balance i Unlimited
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 11
Maximum Age i 15
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i To qualify, an adult must possess a Halifax current account. The adult must apply for Money Smart alongside the child and already have a Halifax Reward or Ultimate Reward current account, as well as a Kids' Saver or Kids' Monthly Saver for the child.
Additional Information i Opened as part of Money Smart application alongside a Smart Spending Account. Only adults 18 or over with child between 11 and 15 years old who have a Halifax Reward or Ultimate Reward current account and an existing Kids' Saver or Monthly Kids' Saver account for the child can apply for Money Smart. Reverts to Instant Saver before child's 19th birthday.
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Credit cards

0% balance transfer credit cards

Halifax

Longest 0% Balance Transfer

2 stars
Duration of 0% balance transfer offer period i 25 months
Balance transfer fee during promotional period i 3.49%
Representative APR i 23.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.8045%
Risk based? i

Halifax

0% Purchase and Balance Transfer

2 stars
Duration of 0% balance transfer offer period i 17 or 12 months
Balance transfer fee during promotional period i 2.99% or 3.49%
Representative APR i 23.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.8045%
Risk based? i

0% purchase credit cards

Halifax

0% Purchase and Balance Transfer

4 stars
Duration of purchases offer period i 17 or 12 months
Representative APR i 23.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.8045%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Halifax

Longest 0% Balance Transfer

3 stars
Duration of purchases offer period i 6 months
Representative APR i 23.9%
Highest APR i 29.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.8045%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Cashback and reward credit cards

Halifax

Cashback Credit Card

1 stars
Reward extras i
Representative APR i 23.9%
Risk based? i
Annual fee in first year i £0.00
Annual fee after first year i £0.00
Foreign purchase fee i 2.95%

Foreign use credit cards

Halifax

Clarity

5 stars
Foreign purchase fee i 0%
Foreign withdrawal fee i 0%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.8045%

Halifax

Halifax Credit Card

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 10.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 0.869%

Halifax

Longest 0% Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.8045%

Halifax

0% Purchase and Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.8045%

Halifax

Cashback Credit Card

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 23.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.8045%

Low rate credit cards

Halifax

Halifax Credit Card

3 stars
Representative APR i 10.9%
Highest APR i 17.9%
Representative purchase rate i 0.869%
Risk based? i
Representative balance transfer rate i 0.869%
Representative money transfer rate i 0.869%

Money transfer credit cards

Halifax

Halifax Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 10.9%
Risk based? i
Representative cash transaction interest rate i 0.869%

Halifax

Cashback Credit Card

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 23.9%
Risk based? i
Representative cash transaction interest rate i 1.8045%

Halifax

Clarity

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 23.9%
Risk based? i
Representative cash transaction interest rate i 1.8045%

Halifax

Longest 0% Balance Transfer

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 23.9%
Risk based? i
Representative cash transaction interest rate i 1.8045%

Halifax

0% Purchase and Balance Transfer

1 stars
Money transfer rate during promotional period i
Duration of money transfer offer period i
Money transfer fee during promotional period i
Representative APR i 23.9%
Risk based? i
Representative cash transaction interest rate i 1.8045%

Home emergency cover

Halifax

Home Emergency (Home & Ultimate)

4 stars
Home Security Cover i
Home Emergency Cover limit i £1,000.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover i
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £1,000.00
Unoccupied period i 60
Claims limit i Unlimited

Halifax

Home Emergency Cover (Select)

4 stars
Home Security Cover i
Home Emergency Cover limit i £1,000.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover i
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £1,000.00
Unoccupied period i 60
Claims limit i Unlimited

Halifax

Ultimate Rewards Home Emergency Cover

3 stars
Home Security Cover i
Home Emergency Cover limit i £250.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover i
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £100.00
Unoccupied period i 60
Claims limit i Unlimited

Home insurance (building and contents)

Halifax

Gold

5 stars
Theft from outbuildings i £5,000.00
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Alternative accommodation cover limit for buildings i £100,000.00
Protection against inflation (Buildings)
Contents cover limit i £250,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £0.00
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Sum insured
Alternative accommodation cover limit for contents i £25,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £100.00
Flood excess i £100.00
Escape of water excess (minimum) i £100.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i

Halifax

Bronze

4 stars
Theft from outbuildings i £5,000.00
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Alternative accommodation cover limit for buildings i £100,000.00
Protection against inflation (Buildings)
Contents cover limit i £50,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £0.00
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Sum insured
Alternative accommodation cover limit for contents i £25,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £100.00
Flood excess i £100.00
Escape of water excess (minimum) i £500.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i

Halifax

Ultimate (Compare the market)

4 stars
Theft from outbuildings i £10,000.00
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £100,000.00
Protection against inflation (Buildings)
Contents cover limit i £100,000.00
Money in the home i £1,000.00
Visitor's possessions i £1,000.00
Office equipment i Sum insured
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Unlimited
Alternative accommodation cover limit for contents i £30,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £35.00
Contents compulsory excess i £50.00
Flood excess i £50.00
Escape of water excess (minimum) i £50.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £20,000.00
Replace belongings new for old i

Halifax

Silver

4 stars
Theft from outbuildings i £5,000.00
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Alternative accommodation cover limit for buildings i £100,000.00
Protection against inflation (Buildings)
Contents cover limit i £250,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £0.00
Buildings cover limit i Unlimited
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i Sum insured
Alternative accommodation cover limit for contents i £25,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £100.00
Flood excess i £100.00
Escape of water excess (minimum) i £500.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i

Buildings insurance

Halifax

Gold

5 stars
Matching sets (Buildings) i 50% of the cost of replacing the undamaged parts
Frozen pipes i
Escape of water excess for buildings i £100.00
Underground pipes, cables and tanks i Covered as standard
Selling your home i
Emergency entries i
Accidental damage to drains i
Buildings compulsory excess i £100.00
Unoccupied period i 60 days
Helpline i
Cancellation fee after 14 days (buildings) i £0.00
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Halifax

Bronze

4 stars
Matching sets (Buildings) i 50% of the cost of replacing the undamaged parts
Frozen pipes i
Escape of water excess for buildings i £500.00
Underground pipes, cables and tanks i Covered as standard
Selling your home i
Emergency entries i
Accidental damage to drains i
Buildings compulsory excess i £100.00
Unoccupied period i 60 days
Helpline i
Cancellation fee after 14 days (buildings) i £0.00
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Halifax

Silver

4 stars
Matching sets (Buildings) i 50% of the cost of replacing the undamaged parts
Frozen pipes i
Escape of water excess for buildings i £500.00
Underground pipes, cables and tanks i Covered as standard
Selling your home i
Emergency entries i
Accidental damage to drains i
Buildings compulsory excess i £100.00
Unoccupied period i 60 days
Helpline i
Cancellation fee after 14 days (buildings) i £0.00
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Contents insurance

Halifax

Silver

5 stars
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Theft from outbuildings i £5,000.00
Cover for items away from home i Optional
Property owner liability i £2,000,000.00

Halifax

Gold

5 stars
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Theft from outbuildings i £5,000.00
Cover for items away from home i Optional
Property owner liability i £2,000,000.00

Halifax

Bronze

4 stars
Matching sets (contents) i 50% of the cost of replacing the undamaged parts
Theft from outbuildings i £5,000.00
Cover for items away from home i Optional
Property owner liability i £2,000,000.00

Investing and pensions

Fund and Share Accounts (for high frequency trading)

Halifax

Share Dealing Account

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (Max £9.50)
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £9.50
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00
App available i
Charge for telephone/postal share dealing £25.00

Fund and Share Accounts (for low frequency trading)

Halifax

Share Dealing Account

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (Max £9.50)
Charge for telephone/postal share dealing £25.00
App available i
Charge for transferring cash to another platform £0.00
Early Account Closure Fee (12 months or less) £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £9.50
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

Income Drawdown products (self-invested)

Halifax

Share Dealing SIPP

3 stars
Annual cost of regular payments (drawdown) £180.00
Fee for setting up drawdown £0.00
Charge for taking whole pot under triviality rules £90.00
Charge for withdrawing your tax-free lump sum £90.00
Cost of adding funds to drawdown, or reviewing flexi-access drawdown (not capped) £90.00
Charge for purchasing an annuity £90.00
Charge for telephone/postal share dealing £25.00
Account closure fee £0.00
Charge for transferring cash to another platform £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (Max £9.50)
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

Ready-made General Investment Accounts

Halifax

Halifax portfolio

4 stars
Cost (Year 1) i £212.67
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Does the provider have a mobile app?
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £25.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £50.00
Charge for transferring cash to another platform i £0.00

Ready-made Personal Pensions

Halifax

Halifax SIPP Start-Up Fund

4 stars
Cost (Year 1) i £687.50
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £25.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £50.00
Charge for transferring cash to another platform i £0.00
Does the provider have a mobile app?

Ready-made Stocks and Shares ISAs

Halifax

Halifax portfolio

4 stars
Cost (Year 1) i £212.67
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for selling holdings if not enough money in account for charges £0.00
Completing paper applications
Cash withdrawal by BACs £0.00
Same day payment/payment by CHAPs £25.00
Early account closure fee £0.00
Cost of receiving paper statements for a year £50.00
Charge for transferring cash to another platform i £0.00
Is there a mobile app?

Self-invested Personal Pensions (SIPPs)

Halifax

Share Dealing SIPP

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (Max £9.50)
Charge for transferring cash to another platform i £0.00
Early Account Closure Fee (12 months or less) £0.00
Charge for selling holdings if not enough money in account to pay other charges £9.50
Charge for telephone/postal share dealing £25.00
Cost of receiving paper statements for a year £0.00
Charge for writing to a third party to confirm the value of the account (Including probate valuations) £12.50

Stocks and Shares ISAs (self-invested)

Halifax

Self Select Stocks & Shares ISA

4 stars
Account closure fee £0.00
Charge for transferring investments to another platform i £0.00
Charge for automatic reinvestment 2% (Max £9.50)
Charge for telephone/postal share dealing £25.00
Charge for transferring cash to another platform £0.00
Inactivity Charge £0.00
Charge for selling holdings if not enough money in account to pay other charges £9.50
Repairing or voiding an ISA, when required under HMRC rules £12.50
Same Day Payment Charge £0.00
Cost of receiving paper statements for a year £0.00

Personal loans

Halifax

Existing Customer Personal Loan

Representative APR (on £5,000 loan, 36 month term) 17.9%
Unpaid Repayment Fee i £25.00
Early settlement fee (Days interest) 58 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £50,000.00
Minimum borrowing length 12 months
Maximum borrowing length 84 months

Halifax

Personal Loan

Representative APR (on £5,000 loan, 36 month term) 17.9%
Unpaid Repayment Fee i £25.00
Early settlement fee (Days interest) 58 days
Available to new customers? i
Eligibility checker
Minimum borrowing amount £1,000.00
Maximum borrowing amount £50,000.00
Minimum borrowing length 12 months
Maximum borrowing length 60 months

Savings Accounts

1 Year Fixed Rate Accounts

Halifax

Fixed Saver

Interest Rate (AER) i 4.15%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i Earlier access costs 90 days interest

2 Year Fixed Rate Accounts

Halifax

Fixed Saver

Interest Rate (AER) i 4%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i Earlier access costs 180 days interest

3 Year Fixed Rate Accounts

Halifax

Family Boost Fixed Savings Account

Interest Rate (AER) i 4.1%
Minimum Opening Balance i £1.00
What happens at maturity? i The provider will contact you before the maturity date requesting instruction. If they receive no further instructions by the maturity date they will reinvest the funds into an easy access account.
Part of FSCS i
Maximum Balance i £50,000.00
Minimum Age to Open Account i 18
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

5 Year Fixed Rate Accounts

Halifax

Fixed Saver

Interest Rate (AER) i 3.2%
Minimum Opening Balance i £500.00
What happens at maturity? i Not stated
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

Easy Access Accounts

Halifax

Everyday Saver

Interest Rate (AER) i 1.5%
Balance Tiers i 1.45% from £1, 1.50% from £10,000, 1.80% from £50,000
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i This account will become an Instant Access Savings after 12 months.
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Halifax

Reward Bonus Saver

Interest Rate (AER) i 4.2%
Balance Tiers i 1.05% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i If less than 4 withdrawals are made per year a higher rate will be paid
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i This account will become an Instant Access Savings after 12 months.
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i Must be a Reward current account or Ultimate Reward current account customer

Halifax

Bonus Saver

Interest Rate (AER) i 4.1%
Balance Tiers i 1.05% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i Higher rate is paid if there are less than 4 withdrawals in a year
Part of FSCS i
Maximum Balance i £9,000,000.00
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i This account will become an Instant Access Savings after 12 months.
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Regular Savers

Halifax

Regular Saver

Interest Rate (AER) i 5.5%
Maximum Balance i £3,000.00
Withdrawal Penalty i Access is only available upon closure.
Minimum Monthly Investment i £25.00
Maximum Monthly Investment i £250.00
Penalty free withdrawals? i
Minimum Opening Balance i £25.00
Minimum Age to Open Account i 16
Sharia Account i
Part of FSCS i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Customer must have or open a Halifax Everyday Account.
Notice Period i
Fixed Term Length i 1 Year Bond
Additional Information i Reverts into Everyday Saver account after 12 months.

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Halifax

ISA Saver Fixed

Interest Rate (AER) i 4.45%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 90 days interest
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

2 Year Fixed Rate ISAs

Halifax

ISA Saver Fixed

Interest Rate (AER) i 4.2%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 180 days interest
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

5 Year Fixed Rate ISAs

Halifax

ISA Saver Fixed

Interest Rate (AER) i 4%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a fixed term account with similar terms.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Easy Access ISAs

Halifax

ISA Saver Variable

Interest Rate (AER) i 1.5%
Minimum Opening Balance i £1.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Halifax

ISA Reward Bonus Saver

Interest Rate (AER) i 4.2%
Minimum Opening Balance i £1.00
Part of FSCS i
Withdrawal Penalty i If less than 4 withdrawals are made per year a higher rate will be paid
Minimum Age to Open Account i 18
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i Must be a Reward current account or Ultimate Reward current account customer
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Halifax

ISA Bonus Saver

Interest Rate (AER) i 4.2%
Minimum Opening Balance i £1.00
Part of FSCS i
Withdrawal Penalty i Higher rate is paid if there are less than 4 withdrawals in a year
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Junior ISAs

Halifax

Junior Cash ISA

Interest Rate (AER) i 3.65%
Part of FSCS i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Are early withdrawals allowed? i
Conditions of early withdrawal i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i