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 Tracker Bond could be for you.

A competitive rate that tracks a fixed amount above the Bank of England Bank Rate for the term. 1.49% gross / 1.50% AER variable 

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.
  • 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.
By phone  in branch

Summary box

Account Name 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 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 + 1.49% Gross
1.50% AER
1.19% Net

The gross rate tracks at 0.99% above the Bank of England Bank rate - currently 0.50%.

Open in branch or on the phone.

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

If you'd like to open an account online, check out our Online Tracker Bond.


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 once you have opened it.
  • 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.

Open in branch or on the phone.

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

If you'd like to open an account online, check out our Online Tracker Bond.


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

Open in branch or on the phone.

Phone 08457 26 36 46
8am-8pm Mon to Sat and 9am-5pm Sun
Or you can book an appointment at your local branch at a time to suit you.

If you'd like to open an account online check out our Online Tracker Bond.

You’ve a chance of winning one of 3 top prizes of £300,000 in the February 2015 Superdraw, if you register by 31st January and hold £5,000 in a qualifying account during the whole of January 2015.

 Register for your chance to win 

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