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Ultimate Reward Current Account Benefits

Here’s where you can find full details of the benefits and features you could receive with the Ultimate Reward Current Account.

Money Matters
Travel with Peace of Mind
Protect Your Car and Home
Your Lifestyle Benefits


Current Account details.

  • Credit interest of 5.12% AER paid on credit balances up to and including £2,500 and then 0.1% on any amount over this
  • The first  £300 of any overdraft is interest free (subject to status)
  • Arranged overdraft rates of 19.5% EAR typical on amounts over £300 (unarranged overdraft 28.8% EAR).

Not only that, but:

  • A Visa Debit card giving you the convenience of cash-free purchases and access to your money at thousands of cash machines around the UK and abroad
  • Convenient 24 hour telephone and online banking
  • A cheque book available on request
  • A large network of branches so you can always talk to someone face to face
  • The option to receive your statements online.

 Benefits Package 

Travel with peace of mind

Comprehensive Travel Insurance for all the family

Our Worldwide Multi-Trip Travel insurance policy includes Personal Belongings, Winter Sports and Golf Cover as standard.You and your family receive cover that comes with a 5 star rating from the independent market research company, Defaqto.

Normal underwriting conditions apply.

Travel Accident Cover to the value of £100,000

If you’re unlucky enough to be involved in an accident whilst travelling on public transport anywhere in the world, you can take comfort from being covered for up to £100,000.  It’s provided in the event of death, loss of sight, loss of limb and permanent total disablement.
Public transport means train, tram, bus, coach, ship, ferry service, hovercraft or airline flight operating to a published timetable.

Commission-free foreign currency and American Express®Travellers Cheques

If you wish to order some cash in a foreign currency or Travellers Cheques for your holiday, we’ll provide them commission-free**. Travellers Cheques are safer than cash, easy to use, accepted worldwide and replaced if lost or stolen, usually within 24 hours.

**For sterling Travellers Cheques there is a 1% commission fee (minimum £3.)

 

Protect your identity and possessions

24 hour Identity Theft Assistance and get Identitycare Insurance for 25% less.

As an Ultimate Reward Current Account holder, you automatically get unlimited access to an Identity theft advice line, where our team can provide help and advice 24 hours a day, 365 days a year.

To ensure full coverage in the event of an incident, as an Ultimate Reward Current Account holder you can buy Identitycare Insurance at a 25% discount, which can provide:

  • Unlimited online access to your Experian credit report so you know what information lenders hold on you
  • An ‘early warning’ credit monitoring service
  • Up to £25,000 legal expenses
  • Up to £25,000 compensation for fraud losses.

Plus, you get these added extras:

• A credit file restoration service

• Up to £1,000 emergency cash.

Protection for all your cards

Protection and security for all your registered debit, credit, store and charge cards (not just your Halifax ones), come as standard with Card Care Card Protection. It applies at home or abroad, 24 hours a day, seven days a week.

Card Care Protection means:

  • You can cancel and replace registered cards that have been lost or stolen with just one phone call
  • You could get a cash advance from Card Care (subject to conditions)
    • Up to £2,500 emergency cash if you are stranded overseas with no access to money or up to £1,000 in the UK
    • Up to £2,500 towards hotel bills or other accommodation charges
    • Up to £2,500 towards lost or stolen travel tickets
  • If your bag, wallet, or purse is lost or stolen with one of your cards in it, you will be able to claim up to £50 per account holder towards replacing them
  • If your driving licence is lost we will pay up to £50 towards the cost of its replacement
  • If your passport is lost or stolen whilst abroad, we will pay up to £100 for an emergency replacement.

Mobile Phone Insurance

Mobile Phone Insurance that covers your mobile at home and abroad, for loss, theft and accidental damage, 24 hours a day, 7 days a week.

You can make up to two claims per account per year, over any one 12 month period, and you’ll be charged an excess of £30 per claim.

Your Ultimate Reward Mobile Phone Cover includes:

  • Theft from person -  replacement phone up to £500
  • Accidental damage -  repair or replacement up to £500
  • Loss -  replacement phone up to £500
  • Water and liquid damage -  repair or replacement up to £500
  • Breakdown -  repair or replacement up to £500
  • Unauthorised airtime for prepaid or pay as you go phone – up to £500.

Purchase Protection

We want you to enjoy the items you buy with your Ultimate Reward debit card, so we have provided purchase protection as another feature of your account.  The items you buy with your Ultimate Reward debit card are automatically covered if they are lost, stolen or accidentally damaged within 90 days of you buying them.

You can make as many claims as you need to in any 12-month period but:

  • each item you claim for must have cost you at least £50 and no more  than £750; 
  • each claim must be for no more  than £1500 in total; and
  • the most we will pay for all claims for one Ultimate Reward Account is £10,000  in any  12-month period.

 

Protect your car and home

RAC Breakdown Cover

With RAC Breakdown Cover, if your vehicle breaks down (even if you’re the passenger in someone else’s car), you can call RAC– 24 hours a day, every day of the year. In addition, if your Ultimate Reward Current Account is in joint names, both of you are covered.

Home Emergency Cover

Home Emergency Cover gives you help for domestic emergencies which threaten the safety of your home, 24 hours a day, 365 days a year. For example, a burst pipe or help to secure your property after a break-in.

We will arrange for a skilled and reliable tradesperson, approved by us, to get in touch with you. You will be covered up to £250 for the call out charge, labour and any materials necessary and no excess will apply.

 

Money Matters

Price Promise

Most of us have experienced the frustration of buying something – perhaps after having spent weeks or even months saving – only to find the same thing is a lot cheaper in another UK retailer’s store or on  a UK internet website.  Now, if you buy that item using your Ultimate Reward debit card you can relax and know that if you see it cheaper at a different UK retailer’s store or on a UK internet website within 30 days, you can claim the difference back from us.

You can make as many claims as you need to in any 12-month period but:

  • each item you are claiming for must have cost you £50 or more;
  • the maximum price difference we will refund for one item is £500; and
  • the most we will pay for all the claims for one Ultimate Reward Account is £1000 in any 12-month period.

Ultimate Reward Discount Card

As an Ultimate Reward Current Account holder you can look forward to receiving an extremely useful Discount Card. It offers discounts on all sorts of goods and services, including holidays, your gas and electricity bills, motor services, days out at top attractions and broadband internet, so you can pick and choose as many as you like.

The offers and discounts are reviewed regularly to ensure that you always have the best selection. Please see www.ultimaterewarddiscounts.co.uk/halifax for a full list of discounts and terms and conditions.

 

 

Extra Benefits

15% Discount on Halifax Car Insurance

A 15% discount the first time you take out a Halifax Car Insurance Policy.

All you need to do is choose the level of cover that suits you best before adding the extras you want.

  • Choice of Comprehensive, Third Party Fire and Theft and Third Party Only cover
  • With Comprehensive cover, you’ll get a free courtesy car whilst yours is being repaired and a five year guarantee on all repairs, if you use one of our recommended repairers*
  • Build up to 65% no claims discount
  • If you have to make a claim, you can be sure that it will be handled quickly and smoothly.
  • Optional Motoring Legal Protection can be added on to your policy for extra peace of mind.

*Your statutory rights are not affected.

Not available in Northern Ireland or the Channel Islands. Subject to normal acceptance criteria.  The discount is only available to named Halifax and Bank of Scotland Ultimate Reward Current Account customers who take out a new Halifax Car Insurance policy and only applies to the first years annual premium. It will not apply when you renew your policy.  The discount is not available online. It cannot be used in conjunction with any other discount or offer and is subject to change.

Halifax Home Building and Contents Insurance for 15% less

Apply for your first Halifax Home Insurance Policy or renew your existing one, and take advantage of a 15% discount* for being an Ultimate Reward Current Account holder.

Here’s what you can expect from your Halifax Home Insurance:

  • Unlimited buildings sum insured – so you will never be unable to rebuild your home
  • Up to 30% no claims discount – one of the best on the high street
  • Contents are replaced on a new for old basis (certain wear and tear restrictions apply)
  • No fee for paying monthly by Direct Debit to help spread the cost.

* This offer cannot be used in conjunction with other promotional codes.  Other discounts at the time may mean you will not qualify for some or all of this discount.

1% Extra on your savings

You receive 1% extra on the standard gross interest rate we pay on the savings in your Halifax Instant Saver account, whether you currently have one or apply for one.

Find out more about Halifax Instant Saver

£150 bonus payment on new Halifax Home Mover or First Time Buyer mortgages

£150 will automatically be paid into your account once you take out your new mortgage.

You’re only eligible to receive the bonus payment once – if you’ve already received your bonus payment, you won’t get it next time you take out a mortgage.  The payment is not available on mortgages bought through an intermediary.

With a Halifax mortgage you get:

  • Free budgeting advice 
  • Valuations and surveys
  • Conveyancing and other legal services

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Car purchase scheme from Freeway

If you want to buy a new car, you’ll be glad you opened your Ultimate Reward Current Account. That’s because we will refund you your £135 acceptance fee when you finance your car through Freeway (Typical 10.9% APR).

Finance is provided by Lex Vehicle Finance Ltd, Charterhall House, Charterhall Drive,Chester, CH88 3AN. Freeway is a trading name of Lex Vehicle Finance Ltd.

You must be over 18, and live in the UK and  meet the lending conditions.