ISA Saver Online
Our internet-only ISA Saver Online gives you the flexibility and peace of mind of easy access to your savings.
At a glance:
| Interest Rate | Benefits | Bear in mind | Access |
|---|---|---|---|
3.00% tax free/AER variable including 12 month fixed bonus of 2.75% |
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Features & Current Rates
Current rates:
Interest rate currently payable is 3.00% tax free/AER variable which includes a fixed introductory bonus of 2.75% for 12 months from the date of account opening, for accounts opened from 5th March 2012. At the end of the bonus period, variable rates without bonus will apply, currently this is 0.25% tax free/AER.
- Unlimited deposits
Make as many deposits as you want until your total reaches the annual cash ISA allowance limit, currently £5,640.
So you can save as and when you have the spare cash, in lump sums or even get into a regular savings habit with a standing order. Whatever suits you. - Unlimited withdrawals and easy access
Locking your money away can be a scary thought, as we never know what might be around the corner.
With the ISA Saver Online you get easy access to your savings and no restrictions on the number of withdrawals. So you can get to your money whenever you need it.
Remember, you can still only deposit a total of £5,640 over the year, so once you reach the cash ISA limit, any money withdrawn can't be replaced in the same tax year. - Halifax Savers Prize Draw
ISA Saver Online 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. - Transfer an existing cash ISA from another financial institution
Existing cash ISA balances can be transferred into an ISA Saver Online, and this doesn't affect this year's cash ISA allowance. And don't forget, you'll get our ISA Promise. - Convert your existing variable rate Halifax cash ISA
If you already have a variable rate Halifax cash ISA and would like to convert to an ISA Saver Online, please view our ISA options page. - Access your account online
View your latest balance, interest rate, and statement using our Online Banking service, 24/7.
Apply for an ISA Saver Online
Or if you bank online with us already, sign in for a faster application.
Summary Box
| Account Name | ISA Saver Online |
|---|---|
| Interest rates (AERs) | View our current interest rates. |
| Tax Status | Interest will be paid tax free. |
| Conditions for bonus payment | Accounts opened will receive a variable interest rate including a fixed introductory bonus for 12 months from the date of account opening. At the end of the bonus period, variable rates without bonus will apply. |
| Withdrawal arrangements | Unlimited number of withdrawals. |
| Access | Online. |
Apply for an ISA Saver Online
Or if you bank online with us already, sign in for a faster application.
Additional information
- Variable rate interest - this means the rate you earn can go up or down
- Interest paid - Interest paid annually on 5th April, unless 5th April is not a working day then it will be paid the previous working day.
- 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.
- 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 Online
Or if you bank online with us already, sign in for a faster application.
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 Online 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 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 Online
Or if you bank online with us already, sign in for a faster application.
