Online Saver
An online savings account that gives you easy access to your money, and the flexibility of unlimited withdrawals and deposits.
At a glance:
| Interest Rate | Benefits | Bear in mind | Access |
|---|---|---|---|
2.80% gross/AER variable including 12 month fixed bonus of 2.70% |
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Features & Current Rates
- Minimum deposit £1
Open an Online Saver with as little as £1, and start saving for the things important to you. - Unlimited deposits
Add to your Online Saver as many times as you like. - Unlimited withdrawals
With no loss of interest for withdrawals, enjoy the peace of mind of easy access to your money. - Halifax Savers Prize Draw
Online Saver 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. - Head Start
If you are saving for your first home, you might be eligible for a reward with Head Start Home Saver - Variable interest rate
The interest rate varies from time to time and may go up or down. - Joint accounts
If you would like to make your Online Saver a joint account, once you have opened your account, please print and complete the additional party form and take it into your local branch.
Current rate
Interest rate currently payable is 2.80% gross/AER which includes a fixed introductory bonus of 2.70% for 12 months from the date of account opening. At the end of the bonus period, variable rates without bonus will apply, currently this is 0.10% gross/AER.
Apply for an Online Saver
Or if you bank online with us already, sign in for a faster application.
Summary Box
| Account Name | Online Saver |
| Interest rates (AERs) | Variable 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. |
| 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 only |
Apply for an Online Saver
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 - annually on anniversary of account opening
- Eligibility - UK resident personal customers aged 16+. 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 Online Saver
Or if you bank online with us already, sign in for a faster application.
