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2.75% AER/Gross Variable An interest rate of 2.75% AER/GROSS variable and the 24h convenience of online and phone banking are just some of the reasons to move your current account to Intelligent Finance. You can even use your current account balance to reduce the amount of interest you pay on your offset mortgage by offsetting.

Offset iconCan form part of an Offset plan
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By offsetting your current account against your offset mortgage, you can reduce the interest that you pay, so you could pay off your offset mortgage sooner.

Your total savings and current account balances are linked to your offset mortgage, and instead of receiving interest, you pay none on the equivalent amount of your offset mortgage.

Use the tool below to find out how much better off you could be with an offset plan.

The offset plan

Because you don't receive any interest on your savings and/or current account, there's no tax to pay. If you're a higher rate tax payer, this could add up to as much as the equivalent of earning 9.9% on your current account and savings balances.
Try it   Your Savings
£
    Mortgage costs alone
Mortgage amount:
£
Based on a repayment mortgage over 25 years
Case study
Julian Julian: £1 in savings means I get the savings rate on my current account
What does it mean?
APR:
The annual cost of borrowing, including interest and charges expressed as an annual percentage rate.
Gross rate:
The rate of interest you're paid before the deduction of income tax
View all definitions
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Intelligent Finance is a division of Halifax plc. Registered in England No.2367076. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. This site is intended only for people who live in the UK and you must be a UK resident to apply for our products.