Cash ISAs

A Halifax cash ISA gives you a great way to save up to £15,000 tax free in the 2014/15 tax year. Make sure you use your full ISA allowance before the end of the tax year because any you don’t use isn’t carried over. You can choose to save your ISA allowance of £15,000 in cash, stocks and shares, or any combination of the two provided that you don't exceed more than £15,000 in total for the 2014/15 tax year.

Choose between our best easy access and fixed term cash ISAs or take a look at the full range we offer, including the Junior Cash ISA.

Account NameBenefits & featuresInterest rate 
 ISA Saver Online

Access: by phone

ISA conditions

  • Manage and top up your ISA online
  • Save up to £15,000, less any amount invested in a stocks & shares ISA in the same tax year
  • Unlimited withdrawals (subject to a minimum balance of £1)
  • Qualifying account for the Halifax Savers Prize Draw
  • You have 14 days from the date of opening in which you can cancel your account without charge by closure or transfer to another ISA product. We will repay any credit balance and pay interest on the account for the time your money was with us.

Bear in mind

  • Online access only
  • Interest paid annually on 5th April, unless 5th April is not a working day then it will be paid the previous working day
  • Once you have paid in the maximum ISA allowance, any money withdrawn cannot be replaced in the same tax year
  • You will need your National Insurance Number before you apply

1.05% tax free/AER variable including 12 month fixed bonus of 0.80%

At the end of the bonus period:
Variable rates without bonus will apply (currently this is 0.25% tax free/AER variable).

Find out more

ISA Saver Fixed

1-5 year terms available.

Access: Online by phone in branch

ISA conditions

  • Qualifying account for the Halifax Savers Prize Draw
  • Choice of interest paid monthly (may be at a lower tax free rate) or annually.
  • You can choose where your interest is paid: to your ISA, to another account with us or another bank or building society. Please note that if you arrange for your interest to be paid into a different account, any further interest you earn from this will be subject to tax, unless the other account is also tax-free or is registered to receive gross interest.
  • You have 14 days from the date of opening in which you can cancel your account without charge by closure or transfer to another ISA product. We will repay any credit balance and pay interest on the account for the time your money was with us.

Bear in mind

  • Minimum balance £500
  • All deposits and transfers required within 60 days of account opening
  • Interest paid monthly (may be at a lower tax free rate) or on anniversary of account opening.
  • No withdrawals (except account closure)
  • If you close your account early, you lose an amount equivalent to:
     - 90 days’ tax free interest for a 1 year term
     - 180 days’ tax free interest for a 2 year term
     - 270 days’ tax free interest for a 3 year term
    This means you may get back less than the amount you invested.
  • At the end of the fixed term, unless we receive instructions from you, your account will roll over into an ISA Saver Variable without bonus, currently paying 0.50% tax free/AER variable
  • You will need your National Insurance Number before you apply
1.40% tax free/AER fixed for 1 year

Find out more

1.60% tax free/AER fixed for 2 years

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1.75% tax free/AER fixed for 3 years

Find out more

 View our full range of cash ISAs

Tax treatment depends on your individual circumstances and may change.

Stocks & Shares ISAs

A Halifax stocks and shares ISA gives you a great way to invest up to £15,000 tax efficiently in the 2014/15 tax year. If you don't make full use of your allowance, you won't be able to carry anything over into the next tax year.

 

Account nameMaximum contributionMinimum opening
balance
WithdrawalsManage
your
money
 
Stocks & Shares ISA
Invest tax-efficiently online in one of our managed funds
£15,000 £100 regular investment (£2,000 lump sum) Unlimited Online Access  Find out more
Self-Select Stocks & Shares ISA
A tax efficient way to trade a wide range of stocks and shares.
£15,000 £20 Unlimited Online Access Telephone Access Find out more
Junior Stocks & Shares ISA
Invest tax efficiently for the benefit of your child.
£4,000 £20 None, until the child is 18 Online Access Telephone Access Find out more

The earlier and the more you add to your ISA the better. But the crucial thing to remember is that every tax year - which runs from 6th April one year to 5th April the next year - you're only allowed to invest a certain amount into ISAs. This is known as your annual ISA allowance.

Tax treatment depends on your individual circumstances and may change in the future.

Remember, the value of an investment and the income from it can go down as well as up and you may get back less than originally invested.

Options for existing customers

Options Description  
Cash ISA transfer Transfer your cash ISA to us by following two simple steps
Top up your easy access cash ISA Our guide shows how you use Online Banking to top up your cash ISA
Renew your existing easy access cash ISA Renewing your account means either changing the type of account you hold, or changing the rate of interest that your account pays.
Fixed cash ISA maturity If your fixed cash ISA is about to mature you can provide instructions to reinvest your money, add to or withdraw from your funds or close your account.

Help & Guidance

Don't know where to start?

Want to know more about ISAs before you continue? Whether you're new to ISAs or want to manage an existing account, we've put together a guide that tells you everything you need to know to help you on your way.

 Frequently asked questions

How much can I save in an ISA?
You can save up to £15,000 in an ISA in the 2014/15 tax year. You can choose to save your ISA allowance of £15,000 in cash, stocks and shares, or any combination of the two provided that you don't exceed more than £15,000 in total for the 2014/15 tax year.

When does the tax year start and end?
Tax years run from 6th April one year to 5th April the following year.

Will I get charged for switching my cash ISA to Halifax?
Halifax will not charge you for switching your cash ISA, but your existing ISA manager may make administration charges for the transfer, such as for supplying information. Unfortunately, we’re not able to refund any charges made by your existing provider or refund any interest and/or bonus you may lose by transferring. You’ll need to check with your existing ISA provider.

Still not found what you're looking for? Take a look at our full list of the most common queries we receive about ISAs from our customers.

For a definition of AER, tax free and other terms please view our savings glossary.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

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