Branch-only accounts

The most traditional of all saving accounts where we provide a passbook that's updated with every single transaction made over the counter in a Halifax branch.

If you’re saving up for something special for your child, this account is a winner. You can save as little as £10 a month. And because it’s a fixed rate, you’ll know how much your savings will grow by in a year.

Kids' Regular Saver example - If you save £50 each month, you'll earn £18.97 gross (£15.18 net) interest after 12 months. 

The interest is calculated on the balance of the account each month, so using the example above, the first month's balance would be £50, the second month £100 etc. and therefore the amount of interest paid will increase over the year in line with the balance of the account. 

After 12 months your Kids' Regular Saver account will become a variable rate easy access account that we offer at the time.  We'll write to you before the 12 months are up to remind you.

The child may be eligible to receive their interest gross as a UK non tax-payer. The account(s) can be registered in branch or by completing an HMRC R85 form. You can download the R85 form at www.hmrc.gov.uk. To prevent a parent or civil partner from using their children’s account to earn interest on their money, HMRC limits the amount of gross income/interest that the parent’s’ or civil partner’s gifts can earn to £100 a year for each parent or civil partner. This limit doesn’t apply if the gift comes from anyone but the parent or civil partner. Please note that it is the parent’s or civil partner’s responsibility to declare this to HMRC if required to do so. For more details, please visit HM Revenue and Customs at www.hmrc.gov.uk.

This variable interest account is ideal to show children how to manage their money. There's no limit to the amount that can be saved, or withdrawn. A cash card can be issued if the child is aged seven or older.

The child may be eligible to receive their interest gross as a UK non tax-payer. The account(s) can be registered in branch or by completing an HMRC R85 form. You can download the R85 form at www.hmrc.gov.uk. To prevent a parent or civil partner from using their children’s account to earn interest on their money, HMRC limits the amount of gross income/interest that the parent’s’ or civil partner’s gifts can earn to £100 a year for each parent or civil partner. This limit doesn’t apply if the gift comes from anyone but the parent or civil partner. Please note that it is the parent’s or civil partner’s responsibility to declare this to HMRC if required to do so. For more details, please visit HM Revenue and Customs at www.hmrc.gov.uk.

This fixed rate account is ideal If you want to save a set amount for a child over a set term. You can start saving from £500 and because it’s a fixed rate, you’ll know how much your savings will grow by.

The child may be eligible to receive their interest gross as a UK non tax-payer. The account(s) can be registered in branch or by completing an HMRC R85 form. You can download the R85 form at www.hmrc.gov.uk. To prevent a parent or civil partner from using their children’s account to earn interest on their money, HMRC limits the amount of gross income/interest that the parent’s’ or civil partner’s gifts can earn to £100 a year for each parent or civil partner. This limit doesn’t apply if the gift comes from anyone but the parent or civil partner. Please note that it is the parent’s or civil partner’s responsibility to declare this to HMRC if required to do so. For more details, please visit HM Revenue and Customs at www.hmrc.gov.uk.

At the end of the fixed term, unless we receive instructions from you, your account will automatically transfer to a Matured Funds account currently paying interest at the rate of 0.10% gross/AER fixed on balances of £1,000 and over.