Regular Saver

Looking to get into the savings habit? Saving for something special? Our Regular Saver could be the perfect option. Start saving from £25 to £250 each month, and get a fixed rate of interest for a year.

At a glance:

Interest RateBenefitsBear in mindAccess

2.00%
gross/AER
fixed
  • Helps you become a dedicated saver and to reach your savings goals
  • Fixed return for peace of mind
  • No loss of interest for missing a payment
  • One standing order payment per month
  • No withdrawals
  • Online
  • Branch
  • Phone

Summary Box

Account Name Regular Saver
Interest rates (AERs) Fixed interest rate. View our current interest 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 during the 12 months, early closure permitted. After 12 months, any money you have saved into your Regular Saver along with interest accrued will be transferred into the Everyday Saver account opened as part of the Regular Saver application.
Access View your balance in branch or online.

Regular Saver Example - If you save £100 each month, you'll earn £12.99 gross (£10.39 net) interest after 12 months. 

The interest is calculated on the balance of the account each month, so using the example above, the first month's balance would be £100, the second month £200 etc. and therefore the amount of interest paid will increase over the year in line with the balance of the account. 

After 12 months, any money you have saved into your Regular Saver along with interest accrued will be transferred into the Everyday Saver account we also opened when you applied. Your Regular Saver will then continue for another period of 12 months at the interest rate applicable at the time. You can change this after opening by calling 08457 26 36 46 (lines open Mon-Fri 8am-8-pm, Sat 8am-6pm, Sun 9am-5pm) or making an appointment at your local branch.


 

Apply for a Regular Saver

apply now

Or if you bank online with us already, sign in for a faster application.

Otherwise, you can apply by phone on 08457 26 36 46, (Mon-Fri 8am-8pm, Sat 8am-6pm, Sun 9am-5pm) or book an appointment at your local branch at a time to suit you.

Features & Current Rates

  • Get into the regular savings habit
    You can be flexible – save any amount from £25 to £250 each month by standing order, which must reach your account by the 25th of each month for it to count as that month’s payment. Even small payments, made regularly, soon add up.
  • No loss of interest for missing a payment
    Don't worry if you miss a payment, the account will stay open and you can keep saving, but this will limit the amount that can be saved in total.
  • Halifax Savers Prize Draw
    Money held in a Regular Saver counts towards the £5,000 total balance you need to hold in qualifying accounts to be eligible for the Halifax Savers Prize Draw.
  • Carry on saving
    As part of your Regular Saver application we'll also open an Everyday Saver at the same time, currently paying 0.75% gross/AER variable including 12 month fixed bonus of 0.50%. After 12 months, any money you have saved into your Regular Saver along with interest accrued will be transferred into the Everyday Saver account and your Regular Saver will continue for another period of 12 months at the interest rate applicable at the time.
  • Convenient access to your savings
    Manage your savings in branch and over the phone and view your balance online

Current rate

Rate of interest currently payable is 2.00% gross/AER.


Apply for a Regular Saver

apply now

Or if you bank online with us already, sign in for a faster application.

Otherwise, you can apply by phone on 08457 26 36 46, (Mon-Fri 8am-8pm, Sat 8am-6pm, Sun 9am-5pm) 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 to change throughout the term
  • Interest paid - annually on anniversary of account opening
  • Eligibility - UK resident personal customers aged 16+. If you don't live in the UK, find out about offshore savings accounts.
  • 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 Regular Saver

apply now

Or if you bank online with us already, sign in for a faster application.

Otherwise, you can apply by phone on 08457 26 36 46, (Mon-Fri 8am-8pm, Sat 8am-6pm, Sun 9am-5pm) or book an appointment at your local branch at a time to suit you.

Please note: Rates of interest are subject to change.
Interest rate effective from 0.00am on 12/09/2011.
Interest rates are fixed on account opening.
View the summary box before you apply for this account.
For a definition of AER, Gross and other terms please view our savings glossary.

Savings

Your new Regular Saver is minutes away

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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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