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
Visit provider's website

We don't get paid for any links on our site.

Bank accounts

Ranked 13th of 28 providers reviewed.

Customer happiness 63.8%
Customer trust 59.58%
Complaints performance 69.46%
Transparency rating 76.53%
Fairer Finance score
Reviewed Spring 2022
68%
Gold ribbon: first place

Car insurance

Ranked 17th of 53 providers reviewed.

Customer happiness 56.19%
Customer trust 54.21%
Complaints performance 78.95%
Transparency rating 78.29%
Fairer Finance score
Reviewed Spring 2022
67%
Gold ribbon: first place

Credit cards

Ranked 4th of 30 providers reviewed.

Customer happiness 60.7%
Customer trust 56.69%
Complaints performance 69.46%
Transparency rating 71.99%
Fairer Finance score
Reviewed Spring 2022
65%

Home Emergency Cover

Ranked 10th of 16 providers reviewed.

Customer happiness 53.2%
Customer trust 49.2%
Complaints performance 73.78%
Transparency rating 70.99%
Fairer Finance score
Reviewed Spring 2022
62%

Home insurance (building and contents)

Ranked 28th of 49 providers reviewed.

Customer happiness 55.92%
Customer trust 55.57%
Complaints performance 70.58%
Transparency rating 71.01%
Fairer Finance score
Reviewed Spring 2022
63%

Investing and pensions

Our ratings for Investing and pensions are hosted exclusively on The Times Money Mentor site.

Go there now to find out how we rated this product.

Gold ribbon: first place

Mortgages

Ranked 9th of 21 providers reviewed.

Customer happiness 58.86%
Customer trust 55.2%
Complaints performance 80.69%
Transparency rating 61.78%
Fairer Finance score
Reviewed Spring 2022
64%
Gold ribbon: first place

Personal loans

Ranked 7th of 25 providers reviewed.

Customer happiness 64.16%
Customer trust 62.24%
Complaints performance 69.46%
Transparency rating 59.1%
Fairer Finance score
Reviewed Spring 2022
64%

Savings accounts

Ranked 24th of 49 providers reviewed.

Customer happiness 48.05%
Customer trust 57.53%
Complaints performance 69.46%
Transparency rating 76.45%
Fairer Finance score
Reviewed Spring 2022
63%

Bank accounts

Basic bank accounts

Halifax

Basic Account

5 stars
Faster Payment limit i £50,000.00
Annual fee i £0.00
Maximum cash machine withdrawal per day i £500.00
Part of FSCS i

Current accounts

Halifax

Reward Current Account

5 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

Halifax

Current Account

4 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

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

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

Ultimate Reward Current Account

1 stars
Risk based overdraft? i
Arranged overdraft interest free amount i £50.00
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; UK AA Breakdown Cover; 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 £0.00
Windscreen replacement excess i £75.00
Repairs guarantee (years) i 3 years
New car replacement
Cover limit for stolen keys i £500.00
24hr helpline available i
Courtesy car provided if stolen / total loss i

Credit cards

0% balance transfer credit cards

Halifax

Longest 0% Balance Transfer

3 stars
Duration of 0% balance transfer offer period i 32 or 14 months
Balance transfer fee during promotional period i 2.89% or 3.49%
Representative APR i 21.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.667%
Risk based? i

Halifax

0% Purchase and Balance Transfer

3 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 21.9%
Balance transfer rate during promotional period i 0%
Highest balance transfer fee during promotional period (%) i 3.49%
Representative balance transfer rate i 1.667%
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 21.9%
Highest APR i 27.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.667%
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 9 or 6 months
Representative APR i 21.9%
Highest APR i 27.9%
Purchase rate during promotional period i 0%
Representative purchase rate i 1.667%
Number of days before interest is charged on purchases i 56 days
Risk based? i

Cashback and reward credit cards

Halifax

Cashback Credit Card

2 stars
Reward extras i
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 19.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.527%

Halifax

Halifax Credit Card

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 9.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 0.793%

Halifax

Longest 0% Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 21.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.667%

Halifax

0% Purchase and Balance Transfer

1 stars
Foreign purchase fee i 2.95%
Foreign withdrawal fee i 5%
Representative APR i 21.9%
Number of days before interest is charged on non-sterling cash transactions i 0 days
Risk based? i
Representative purchase rate i 1.667%

Low rate credit cards

Halifax

Halifax Credit Card

3 stars
Representative APR i 9.9%
Highest APR i 16.9%
Representative purchase rate i 0.793%
Risk based? i
Representative balance transfer rate i 0.793%
Representative money transfer rate i 0.793%

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 9.9%
Risk based? i
Representative cash transaction interest rate i 0.793%

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 19.9%
Risk based? i
Representative cash transaction interest rate i 1.527%

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 21.9%
Risk based? i
Representative cash transaction interest rate i 1.667%

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 21.9%
Risk based? i
Representative cash transaction interest rate i 1.667%

Home insurance (building and contents)

Halifax

Halifax Insurance Bronze

3 stars
Matching sets i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £500.00
Alternative accommodation cover limit for contents i £30,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
24hr helpline i
Finding and repairing a leak 5000

Halifax

Halifax insurance Silver

3 stars
Matching sets i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £500.00
Alternative accommodation cover limit for contents i £30,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
24hr helpline i
Finding and repairing a leak 5000

Halifax

Halifax insurance Gold

3 stars
Matching sets i
Theft from outbuildings cover limit i £5,000.00
Escape of water excess i £500.00
Alternative accommodation cover limit for contents i £30,000.00
Alternative accommodation cover limit for buildings i £100,000.00
Cover for keys if lost i Sum insured
Money in the home i £500.00
Replace belongings new for old i
24hr helpline i
Finding and repairing a leak 5000

Buildings insurance

Halifax

Halifax Insurance Bronze

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £500.00
24hr helpline i
Property owner liability i £2,000,000.00

Halifax

Halifax insurance Silver

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £500.00
24hr helpline i
Property owner liability i £2,000,000.00

Halifax

Halifax insurance Gold

4 stars
Trace and Access i £5,000.00
Cover for keys if lost i Sum insured
Matching sets i
Alternative accommodation cover limit i £100,000.00
Cover for keys if stolen i Sum insured
Compulsory excess i £100.00
Escape of water excess i £500.00
24hr helpline i
Property owner liability i £2,000,000.00

Contents insurance

Halifax

Halifax Insurance Bronze

3 stars
Theft from outbuildings cover limit i £5,000.00
Matching sets i
Cover for keys if lost i £1,000.00
Cover limit for cycles in the home i £0.00
Replace belongings new for old i
Alternative accommodation cover limit i £30,000.00
Money in the home cover limit i £500.00
Cover for keys if stolen i £1,000.00
24hr helpline i

Halifax

Halifax insurance Silver

3 stars
Theft from outbuildings cover limit i £5,000.00
Matching sets i
Cover for keys if lost i £1,000.00
Cover limit for cycles in the home i £0.00
Replace belongings new for old i
Alternative accommodation cover limit i £30,000.00
Money in the home cover limit i £500.00
Cover for keys if stolen i £1,000.00
24hr helpline i

Halifax

Halifax insurance Gold

3 stars
Theft from outbuildings cover limit i £5,000.00
Matching sets i
Cover for keys if lost i £1,000.00
Cover limit for cycles in the home i £0.00
Replace belongings new for old i
Alternative accommodation cover limit i £30,000.00
Money in the home cover limit i £500.00
Cover for keys if stolen i £1,000.00
24hr helpline i

Investing and pensions

Fund and Share Accounts (for high frequency trading)

Halifax

Share Dealing Account

Our ratings for Fund and Share Accounts (for high frequency trading) are hosted exclusively on The Times Money Mentor site.

Go there now to find out how we rated this product.

Fund and Share Accounts (for low frequency trading)

Halifax

Share Dealing Account

Our ratings for Fund and Share Accounts (for low frequency trading) are hosted exclusively on The Times Money Mentor site.

Go there now to find out how we rated this product.

Self-invested Personal Pensions (SIPPs)

Halifax

Halifax Share Dealing SIPP

Our ratings for Self-invested Personal Pensions (SIPPs) are hosted exclusively on The Times Money Mentor site.

Go there now to find out how we rated this product.