Savings accounts and cash ISAs

How will the change to the Base Rate affect my savings account?

On 4th August 2016 the Bank of England announced a decrease in the Bank of England Base Rate from 0.50% to 0.25%.

Find out how this may affect you

View our full range of savings accounts

View all of our savings accounts to help you choose the right one.

Compare savings accounts

Find out more about savings

Featured cash ISAs available online

Account

Interest rate

Minimum deposit

Interest type

Withdrawals

Interest paid

Help to Buy: ISA

  • For people saving for their first home (up to the value of £250,000 outside London and £450,000 inside London)
  • 25% bonus by the Government up to £3,000 (based on eligibility)
  • Qualifying accounts for Halifax Savers Prize Draw
  • Open online in minutes

2.00% tax free/AER variableHelp to buy: Backed by HM Government

Initial deposit up to £1,000 followed by top ups of up to £200 a month by standing order to be received by the 25th of the month

Variable

Unlimited withdrawals allowed, but you won’t be able to claim any of the Government bonus on the money withdrawn

Annually

Find out more

ISA Saver Variable

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

0.35% tax free/AER variable for 12 months

At the end of the fixed term, unless we receive instructions from you, your account automatically changes to an Instant ISA Saver. See Instant ISA Saver interest rates.

£1

Variable

Unlimited

Annually

Find out more

ISA Saver Fixed

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

0.90% tax free/AER for a 1 year term

£500

Fixed

Closure or transfer out only

Charges apply

Annually or monthly (may be at a lower tax free rate)

Find out more

Help to Buy: ISA

  • For people saving for their first home (up to the value of £250,000 outside London and £450,000 inside London)
  • 25% bonus by the Government up to £3,000 (based on eligibility)
  • Qualifying accounts for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

2.00% tax free/AER variableHelp to buy: Backed by HM Government

Minimum deposit

Initial deposit up to £1,000 followed by top ups of up to £200 a month by standing order to be received by the 25th of the month

Interest type

Variable

Withdrawals

Unlimited withdrawals allowed, but you won’t be able to claim any of the Government bonus on the money withdrawn

Interest paid

Annually

ISA Saver Variable

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

0.35% tax free/AER variable for 12 months

At the end of the fixed term, unless we receive instructions from you, your account automatically changes to an Instant ISA Saver. See Instant ISA Saver interest rates.

Minimum deposit

£1

Interest type

Variable

Withdrawals

Unlimited

Interest paid

Annually

ISA Saver Fixed

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

0.90% tax free/AER for a 1 year term

Minimum deposit

£500

Interest type

Fixed

Withdrawals

Closure or transfer out only

Charges apply

Interest paid

Annually or monthly (may be at a lower tax free rate)

Featured fixed term accounts available online

Account

Interest rate

Minimum deposit

Interest type

Withdrawals

Interest paid

ISA Saver Fixed

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

0.90% tax free/AER for a 1 year term

1 year term available

£500

Fixed

Closure or transfer out only

Charges apply

Annually or monthly (may be at a lower tax free rate)

Find out more

Regular Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

2.00%
gross/AER

£25 to £250 each month

Fixed

None, by closure only

Annually

Find out more

Fixed Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

0.95%
gross/AER for a 2 year term

£500

Fixed

Closure only

Charges apply

Annually or monthly (may be at a lower gross rate)

Find out more

ISA Saver Fixed

  • Allows ISA transfers
  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

0.90% tax free/AER for a 1 year term

1 year term available

Minimum deposit

£500

Interest type

Fixed

Withdrawals

Closure or transfer out only

Charges apply

Interest paid

Annually or monthly (may be at a lower tax free rate)

Regular Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

2.00%
gross/AER

Minimum deposit

£25 to £250 each month

Interest type

Fixed

Withdrawals

None, by closure only

Interest paid

Annually

Fixed Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

0.95%
gross/AER for a 2 year term

Minimum deposit

£500

Interest type

Fixed

Withdrawals

Closure only

Charges apply

Interest paid

Annually or monthly (may be at a lower gross rate)

Featured easy access accounts available online

Account

Interest rate

Minimum deposit

Interest type

Withdrawals

Interest paid

Everyday Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

0.25%
gross/AER variable for 12 months

At the end of the fixed term, unless we receive instructions from you, your account automatically changes to an Instant Saver. See Instant Saver interest rates.

£1

Variable

Unlimited

Annually

Find out more

Everyday Saver

  • Qualifying account for Halifax Savers Prize Draw
  • Open online in minutes

Interest rate

0.25%
gross/AER variable for 12 months

At the end of the fixed term, unless we receive instructions from you, your account automatically changes to an Instant Saver. See Instant Saver interest rates.

Minimum deposit

£1

Interest type

Variable

Withdrawals

Unlimited

Interest paid

Annually

Featured kids' accounts - now available to open online.

Account

Interest rate

Minimum deposit

Interest type

Withdrawals

Interest paid

Kids' Regular Saver

  • Open online in minutes

4.00% gross/AER

£10 a month

Fixed

Closure only

Annually

Find out more

Young Saver

  • Open online in minutes

2.00%
gross/AER on balances of £1 - £20,000

0.25%
gross/AER for £20,000+

£1

Variable

Unlimited

Annually

Find out more

Junior Cash ISA

  • Allows Junior ISA transfers
  • Open online in minutes

3.00% tax free/AER

£1

Variable

None, until the child is 18

Annually

Find out more

Kids' Regular Saver

  • Open online in minutes

Interest rate

4.00% gross/AER

Minimum deposit

£10 a month

Interest type

Fixed

Withdrawals

Closure only

Interest paid

Annually

Young Saver

  • Open online in minutes

Interest rate

2.00%
gross/AER on balances of £1 - £20,000

0.25%
gross/AER for £20,000+

Minimum deposit

£1

Interest type

Variable

Withdrawals

Unlimited

Interest paid

Annually

Junior Cash ISA

  • Allows Junior ISA transfers
  • Open online in minutes

Interest rate

3.00% tax free/AER

Minimum deposit

£1

Interest type

Variable

Withdrawals

None, until the child is 18

Interest paid

Annually

View all of our savings accounts

Changes to the way savings accounts work from 6 April


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

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


Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/. You can also visit our Financial Services Compensation Scheme page for more details.

FSCS you are protected