Halifax Building Society is currently not offering a switching deal. The information below is for reference only. For switching deals & sign-up bonus offers available now, make sure to check out our switching deals guide and sign-up bonus deals guide.
Halifax goes to great lengths to be seen as the people’s bank, including catchy campaigns with relatable characters. It’s why we’ll never quite get that “Who? Who? Wh-who?” out of our heads ever again. But it might all be worth it if Halifax switch bonuses are able to give you that “extra” they keep talking about. So, let’s have a look and find out.
Halifax is not offering a bank switching bonus at the moment, but it does have a long history of pretty lucrative deals.
One of the more recent bank switching bonuses from Halifax also happened to be one of the best. In summer 2023 you could net £225 for making the switch. First, you’d get £150 after 10 working days when opening a qualifying account. Then, if you spent £75 per month for 3 months, you’d unlock another £75 cash bonus.
Another increase, this time adding £25 to the previous switch deal and amounting to £175 in total. This mirrored the previous deal in many ways – think £1,500 a month, a couple of direct debits and so on.
The stakes increased from the previous offer, but this £150 switch bonus also came with a few extra steps. Not only did you now need to pay in £1,500 or more, but you also had to switch over at least 2 direct debits.
This was a reactivation of the previous offer with very few differences. Again, you had the chance to pocket a £125 switch bonus when opening selected accounts and paying in at least £1,500 a month.
This switch bonus from Halifax dished out £125 within 10 days of your switch being completed. You could open a Halifax Reward current account or Ultimate Reward Current Account using the Current Account Switch Service. If using the Reward Current Account, you needed to pay in £1,500 or more each month.
There was a little break after Halifax’s series of back-to-back switch bonuses before it reemerged with an opportunity to snag £100. Again, you needed to deposit £1,500 a month, and if you didn’t you’d need to pay a £3-per-month fee to keep on track.
This £135 switch bonus was bigger than previous ones, but required a lot more effort. Instead of getting paid within about a week, it took 6 months. You’d get £50 quite quickly, then the remaining £85 after paying in at least £1,500 per month for 6 months.
After a few ups and downs, Halifax again settled on £75 as the appropriate bank switching bonus. There was little variance in terms of the hoops you had to jump through to grab these bonuses – but you could only claim 1.
Not long after their previous bank switch bonus, Halifax upped the ante and boosted the switch bonus from £75 to £125. Good things come to those who wait, it seems.
You could get a £75 reward for switching to Halifax at this time, paid within 7 working days of the switch being completed. You had to use the Current Account Switch Service to unlock the bonus.
Halifax is generous with its switching offers and has been known to release one after the other in bursts. It could therefore launch a new switch offer at any time.
To stay informed, you can sign up to our newsletter. We’ll be keeping a close eye on the latest switch deals and can alert you if Halifax gets back into the game.
If this offer is not for you, we also have a guide displaying current banking switching deals on the market and also other banking offers such as refer-a-friend offers and more.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 terms of use. 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 has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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