Fixed Saver

You could enjoy better returns for locking your money away for a while. Our Fixed Saver offers rates of up to 2.00% gross/AER fixed and the convenience of managing your account through branch, telephony and online (view only).

At a glance:

Interest RateBenefitsBear in mindAccess

up to 2.00% gross/AER fixed for the 5 year term (minimum balance £500)
  • Fixed interest rate gives peace of mind
  • A choice of terms to best suit your savings goal
  • Monthly interest available so you can use your savings to supplement your income
  • No additional deposits or withdrawals allowed
  • There are no cancellation rights attached to this account
  • Must fund the account within 10 days of account opening date
  • Branch
  • Telephone
  • Online (View only)

Features & Current Rates

  • Fixed terms from 6 months to 5 years
    Choose a term that best suits your savings goal, with terms available for 6 months to 1, 2, 3, 4 or 5 years.
  • Interest payments to suit you
    You can select to receive the interest to supplement your income or boost your savings.
    You have the choice between upon maturity or monthly for the 6 month term and monthly or annually on 1-5 year terms.
  • Manage your account in the most convenient way for you
    Access your balance, interest rate, and statement online (view only), in branch or by telephone
  • No additional deposits or withdrawals allowed
    The Fixed Saver doesn't allow any additional deposits or withdrawals. You can access your money by closing the account early, but this will result in loss of interest and you may get back less than the original amount you deposited. For more details view the summary box.
  • Halifax Savers Prize Draw
    Qualifying account for the Halifax Savers Prize Draw.
  • Joint accounts
    To add an additional account holder to your account you both need to bring a completed and signed additional party form, along with identification, to a 20 minute appointment you can arrange to have in a local branch that's convenient for you. Alternatively, you can request to add an additional account holder over the phone by calling 08457 26 36 46 (lines are open 8am to 8pm Monday to Friday, 8am to 6pm on Saturday and 9am to 5pm on Sunday).

Current rates

  Annual/Maturity RateMonthly Rate
TermBalanceGross/AERNetGrossAERNet
6 months £500+ 1.20% 0.96% 1.19% 1.20% 0.95%
1 year £500+ 1.55% 1.24% 1.54% 1.55% 1.23%
2 years £500+ 1.80% 1.44% 1.79% 1.80% 1.43%
3 years £500+ 1.90% 1.52% 1.88% 1.90% 1.50%
4 years £500+ 1.95% 1.56% 1.93% 1.95% 1.54%
5 years £500+ 2.00% 1.60% 1.98% 2.00% 1.58%


Apply for a Fixed Saver

apply now

Otherwise, you can apply by phone on 08457 26 36 46, 8am-8pm Mon to Fri, 8am-8pm Sat and 9am-5pm Sun or book an appointment at your local branch at a time to suit you.

Summary Box

Account Name Fixed Saver
Interest rates (AERs) Fixed interest rate. View our current rates
Tax Status Interest will be paid net of income tax (currently 20%) unless you register your account with us to receive gross interest. If you are not a basic rate tax payer see our important information section.
Conditions for bonus payment There's no bonus available on this account.
Withdrawal arrangements No withdrawals allowed. Early closure permitted. Closing your account before the end of the term will result in loss of interest and you may get back less than the original amount you deposited:
6 month term – 60 days’ gross interest
1 year term – 90 days’ gross interest
2 year term – 180 days’ gross interest
3 year term – 270 days’ gross interest
4 year term – 320 days’ gross interest
5 year term – 365 days’ gross interest
Access View your balance in branch, by telephone and online.


Apply for a Fixed Saver

apply now

Otherwise, you can apply by phone on 08457 26 36 46, 8am-8pm Mon to Fri, 8am-8pm Sat and 9am-5pm Sun or book an appointment at your local branch at a time to suit you.

Additional information

  • Fixed rate interest - the rate we pay is fixed and will not change throughout the term
  • Account term - this will start on the date you open your account (unless that is not a working day) even if you do not pay anything in on that day. We must receive your opening deposit within 10 days of you opening your account
  • Interest paid - monthly or on maturity for the 6 month term and monthly or annually for 1 to 5 year terms
  • Eligibility - UK resident personal customers aged 16+. If you don't live in the UK, find out about offshore savings accounts. If you want to save in a Fixed Saver for someone under 16 please see our Kid's Fixed Saver.
  • Maturity - 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 0.25% gross/AER fixed on balances of £1 and over.
  • 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 a Fixed Saver

apply now

Otherwise, you can apply by phone on 08457 26 36 46, 8am-8pm Mon to Fri, 8am-8pm Sat and 9am-5pm Sun or book an appointment at your local branch at a time to suit you.

Apply

Term
6 months Apply now

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1 year Apply now
2 years Apply now
3 years Apply now
4 years Apply now
5 years Apply now

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.

Please note:
Rates of interest are subject to change
Interest rates are fixed on account opening
Interest rates effective from 0.00am on 02/09/2014
View the summary box before you apply for this account
For a definition of AER, Gross and other terms please view our savings glossary.

Apply online

You can choose to save over a term that suits you and get a fixed rate on your savings.

Apply now

You've a chance of winning one of 3 top prizes of £100,000, if you register and hold £5,000 in a qualifying account during the whole previous calendar month.

Register for your chance to win

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