ISA Saver Variable
Our ISA Saver Variable offers a variable rate of tax free interest and lets you take money out whenever you need it.
At a glance:
| Interest Rate | Benefits | Bear in mind | Access |
|---|---|---|---|
2.75% tax free/AER variable including 12 month fixed bonus of 2.25% |
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Features & Current Rates
Current rates
Interest rate currently payable is 2.75% tax free/AER variable which includes a fixed introductory bonus of 2.25% 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 0.50% tax free/AER.
- Unlimited deposits up to the cash ISA limit
Save in a way that suits you, either in lump sums or just as and when you have the spare cash. Or get into a good savings habit by paying in regularly with a standing order. - Halifax Savers Prize Draw
ISA Saver Variable 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
You can transfer your existing cash ISA balance over and enjoy the convenience of all your money in one place. Transfers in don't affect this year's tax-free cash allowance, and don't forget you get our ISA Promise. - Easy access to your money
Enjoy the peace of mind of access to your cash, in case life throws you the unexpected. No restriction on withdrawals, though you can't replace any money you've withdrawn once you've used the ISA allowance for the tax year.
Apply for an ISA Saver Variable
Or if you bank online with us already, sign in for a faster application.
Or apply for an ISA Saver Variable 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 Variable |
|---|---|
| Interest rates (AERs) | Variable interest rate. 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 | Branch, telephone and online. |
Apply for an ISA Saver Variable
Or if you bank online with us already, sign in for a faster application.
Or apply for an ISA Saver Variable 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
- Variable rate interest - this means the rate you earn can go up or down
- Interest paid - Interest paid annually on 5th April.
- 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 Variable
Or if you bank online with us already, sign in for a faster application.
Or apply for an ISA Saver Variable 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 Variable 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 Variable
Or if you bank online with us already, sign in for a faster application.
Or apply for an ISA Saver Variable 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.
