Halifax current account 'rewards' launched  Go compare with our comparison table

Halifax current account 'rewards' launched

04 January 2010 / by Andy Davies

Halifax current account holders are being given 'rewards' from today, which could net them a saving of more than £350.  

The 'rewards', which are available to any Halifax current account holder who funds their current account with £1,000 or more each month, gives customers access to a number of exclusive product deals.

Presently, customers of Halifax's Rewards Current Account receive 12 monthly reward payments of £5 for funding their account with £1,000 or more each month, which equates to a £60 saving per year.

Following the launch of Halifax's new 'reward's' range, current account holders can benefit from an additional 0.2 per cent interest on a wide range of variable rate savings products for one year.

In addition, existing customers who take up a mortgage with Halifax can enjoy at least a 0.2 per cent reduction on the interest rate, which based on the average mortgage of £115,700, could mean a saving of more than £230 in the first year.

Meanwhile, Halifax's All in One credit card is offering an extra three months at 0 per cent on purchases to current account holders, which could deliver a saving of nearly £50, based on the average monthly spend of £210.

Commenting, Mike Regnier, personal current account director at Halifax, said: "Our current account range already offers customers great value. With 'Rewards' we're showing that we truly value customers who hold their main banking relationship with us by offering them even better deals. This range of products will benefit savers and spenders alike."

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