ISA Saver Fixed
If you want to take advantage of an attractive rate and can lock your money away, our ISA Saver Fixed gives a fixed rate - so you'll know exactly how much interest you'll get back.
| Interest Rate | Benefits | Bear in mind | Access |
|---|---|---|---|
up to 4.25% tax free/AER fixed for 5 year term |
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Features & Current Rates
| Term | UK resident personal interest rates (AER fixed) effective from 0.00am on 14th May 2012 |
|---|---|
| 5 years | 4.25% AER |
| 4 years | 4.15% AER |
| 3 years | 4.00% AER |
| 2 years | 3.70% AER |
| 1 year | 2.25% AER |
- Fixed terms from 1-5 years
This account allows savers to choose the term that best suits their needs. - Interest rates from 2.25% AER to 4.25% AER
Rates are fixed but vary according to the length of term the funds are committed for. - Halifax Savers Prize Draw
ISA Saver Fixed is a qualifying savings account for the Halifax Savers Prize Draw, where every month we're giving 3 savers £100,000 each. And just for the May and June draws, we've increased the number of £100,000 prizes from 3 to 10 in each of these two months. - Deposits and transferring an existing cash ISA
All deposits and cash ISA transfers must be completed within 60 days of opening the account. You can transfer your existing cash ISA balances from this and previous tax years into an ISA Saver Fixed, using our ISA Switching service. Previous years funds won't affect this year's ISA allowance. Plus you can take advantage of the Halifax ISA Promise. Please note you must not withdraw the cash ISA funds yourself as you'll lose all the tax benefits.
Apply for an ISA Saver Fixed
Or apply for an ISA Saver Fixed by phone on 08457 26 36 46, 8am to 8pm Monday to Friday, 8am to 8pm Saturday and 9am to 5pm Sunday.
Alternatively call into your local branch.
Summary Box
| Account Name | ISA Saver Fixed |
|---|---|
| Interest rates (AERs) | Fixed interest rate. View our current interest rates. |
| Tax Status | Interest will be paid tax free. |
| Conditions for bonus payment | There's no bonus available on this account. |
| Withdrawal arrangements | No withdrawals allowed. Early closure or transfer out permitted. Closing your account early will result in the loss of an amount equivalent to: 1 year term – 90 days’ tax free interest 2 year term – 180 days’ tax free interest 3 year term – 270 days’ tax free interest 4 year term – 320 days’ tax free interest 5 year term – 365 days’ tax free interest This amount will be taken from the amount you put into your ISA Saver Fixed and therefore you may get back less than you deposited. |
| Access | View your balance in branch, by telephone and online |
Apply for an ISA Saver Fixed
Or apply for an ISA Saver Fixed by phone on 08457 26 36 46, 8am to 8pm Monday to Friday, 8am to 8pm Saturday and 9am to 5pm Sunday.
Alternatively call into your local branch.
Additional information
- Fixed rate interest - the interest rate we pay is fixed and will not change at any point throughout the term
- Interest paid - Annually on anniversary of account opening.
- Eligibility - To open a cash ISA you must be 16 or over. You must be resident and ordinarily resident in the UK. Please note that you're only allowed one cash ISA per tax year. If you are a non-UK resident and wish to find out about the savings products that may be available to you, please call the International Banking team on 0800 876 6555 (or +44 207 451 6212 if calling from abroad). Lines are open Mon-Fri 8am - 6pm and Sat 9:30am - 1.30pm UK local time.
- Maturity - At the end of the fixed term, unless we receive instructions from you, your account will automatically transfer to an ISA Saver Variable account currently paying interest at the rate of 0.50% tax free/AER variable. If your account is near its maturity date you can re-invest your existing fixed rate cash ISA balance into this account, by filling in our online reinvestment form.
- Account conditions (opens as PDF)
- We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £85,000).
Apply for an ISA Saver Fixed
Or apply for an ISA Saver Fixed by phone on 08457 26 36 46, 8am to 8pm Monday to Friday, 8am to 8pm Saturday and 9am to 5pm Sunday.
Alternatively call into your local branch.
About ISAs
Here are a few of the basics:
Q. What is an ISA?
A. ISA stands for Individual Savings Account. If you’re a taxpayer it lets you save without paying tax on your savings.
Q. What types of ISAs are there?
A. There are two types: Stocks and shares ISAs and cash ISAs. The ISA Saver Fixed is a cash ISA. For the low down on our stocks and shares ISAs view our investments information.
Q. How much can I save with a cash ISA?
A. You can save up to £5,640 in a cash ISA. That’s for this tax year, which runs from 6th April 2012 to 5th April 2013 (plus transfer any cash ISA you hold with other providers).
Q. If I’ve already saved the maximum in a cash ISA, can I take some out and then top it up again later in the same tax year?
A. No. Once you’ve taken some cash out, that’s it. You can’t replace it in the same tax year. So, say you pay £5,640 into a cash ISA and then take out £100 – you can’t top it back up again to £5,640 in the same tax year.
Q. Can I transfer a cash ISA that I’ve got with another provider to Halifax?
A. Yes. Our switching service makes it easy.
| Halifax promises; |
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| 1. When you switch your cash ISA to us we will not wait for your current provider, we pay interest from day one of receiving your completed transfer application provided that your funds are free to move. |
2. We’ll keep you informed:
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| 3. All cash ISAs will be available to all customers, new and existing. |
These promises are part of our agreement with you.
If your transfer is delayed because your existing ISA has a notice period or restriction, your current provider will let us know when it will be free to move to us, and we’ll pay interest from that date.
Apply for an ISA Saver Fixed
Or apply for an ISA Saver Fixed by phone on 08457 26 36 46, 8am to 8pm Monday to Friday, 8am to 8pm Saturday and 9am to 5pm Sunday.
Alternatively call into your local branch.
Apply
You will need your National Insurance Number to hand before you apply.
| Term | If you're new to online banking apply here | If you're an online banking customer sign in to apply |
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| 1 year |  |
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| 2 years | |
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| 3 years | |
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| 4 years | |
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| 5 years | |
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How to fund your account with an opening credit
There are four convenient ways you can fund your account:
- If you already bank with Halifax online, you can fund the account straight away during the application process
- Over the counter at any Halifax branch
- By money transfer from another financial institution (You will need to quote your new account details)
- By posting us a cheque to the following address:
Halifax, PO Box 548, LEEDS, LS1 1WU
Please make your cheque payable to the account holders name and include your new account details on the reverse.
