Online Tracker Bond

Looking to get the most out of your savings with a competitive rate that tracks the Bank of England Bank rate if it moves? Then our Online Tracker Bond could be for you.

A competitive rate that tracks a fixed amount above the Bank of England Bank Rate for the term.

1.69% gross / 1.70% AER variable
on balances from £500 to £49,999.

1.79% gross / 1.80% AER variable for £50,000+

Features & benefitsBear in mindManage
  • Variable monthly interest rate that tracks at a fixed amount above the Bank of England Bank Rate. So if the Bank of England Bank Rate changes, your Tracker Bond interest rate changes as well - on the first working day of the following month.
  • Qualifying account for the Halifax Savers Prize Draw.
  • Opening balance by online transfer only, minimum £500.
  • No additional deposits or withdrawals allowed.
  • Must fund the account within 10 days of account opening date.
  • Rates can go down as well as up.
Online

Summary box

Account Name Online Tracker Bond.
Interest rates (AERs) Variable interest rate which tracks at a fixed amount above the Bank of England Bank 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 in branch. If you close your account early, you will lose an amount equivalent to:

18 month term - 135 days' gross interest

This amount will be taken from the amount you put into your Online Tracker Bond when you opened it, and you may therefore get back less than you first deposited.

Access Online (View only), branch and telephone.

Current rates and apply

Term Balance Variable monthly rates  
18 months £500 to £49,999 1.69% Gross 1.70% AER 1.35% Net Open online now
£50,000 + 1.79% Gross 1.80% AER 1.43% Net

£50,000+ tier - the gross rate tracks at 1.29% above the Bank of England Bank Rate - currently 0.50%
£500-£49,999 tier - the gross rate tracks at 1.19% above the Bank of England Bank Rate - currently 0.50%


We recommend you read the account conditions carefully as they form a legal contract with us. If there is anything you do not understand, please contact us before you agree to them (as part of the application).

Additional information

  • Tracker interest rate - the rate we pay will track at a fixed amount above the Bank of England Bank Rate throughout the term. Any change in the Bank of England Bank Rate will be reflected in your rate from the 1st working day of the following month.
  • Savings 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.
  • Eligibility - UK resident personal customers aged 16+. If you don't live in the UK, find out about offshore savings accounts.
  • 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).
  • 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).

How to fund your account

  • If you already bank with Halifax online, you can fund the account straight away during the application process.
  • 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.

We recommend you read the account conditions carefully as they form a legal contract with us. If there is anything you do not understand, please contact us before you agree to them (as part of the application).

Please note: Rates of interest are subject to change, to check effective dates for all our Savings products please see our Interest Rates section.

For a definition of AER, Gross and other terms please view our savings glossary.

Savings

Your Online Tracker Bond is minutes away

Open online 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

You're protected

Your eligible deposits with Halifax are protected up to a total of £85,000 by the Financial Services Compensation Scheme.

Find out more
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