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1 year term
4.05% AER/tax free fixed interest on balances of £1 or more for one year from account opening when interest is paid annually.
4.15% AER/tax free fixed interest on balances of £1 or more for one year from account opening when interest is paid annually, and you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.
4.05% AER/3.98% tax free fixed interest on balances of £1 or more for one year from account opening when interest is paid monthly.
4.15% AER/4.07% tax free fixed interest on balances of £1 or more for one year from account opening when interest is paid monthly, and you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.
2 year term
3.70% AER/tax free fixed interest on balances of £1 or more for two years from account opening when interest is paid annually.
3.75% AER/tax free fixed interest on balances of £1 or more for two years from account opening when interest is paid annually, and you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.
3.70% AER/3.64% tax free fixed interest on balances of £1 or more for two years from account opening when interest is paid monthly.
3.75% AER/3.69% tax free fixed interest on balances of £1 or more for two years from account opening when interest is paid monthly, and you already have a Halifax Personal Current Account that has been open for a minimum of 40 days.
5 year term
3.45% AER/tax free fixed interest on balances of £1 or more for five years from account opening when interest is paid annually.
3.45% AER/3.40% tax free fixed interest on balances of £1 or more for five years when interest is paid monthly.
It’s a fixed interest rate. You can choose to have this paid monthly, or after 12 months on the date you opened the account.
No. This account has a fixed rate of interest so the rate won’t change during the term.
For example, if you deposit £1000.00 when you open a one year term account, the balance after 12 months will be £1040.50.
For example, if you deposit £1000.00 when you open a two year term account, the balance after 24 months will be £1075.36.
For example, if you deposit £1000.00 when you open a five year term account, the balance after 60 months will be £1184.82.
This assumes:
You can’t make withdrawals from this account, but you can close the account early. If you close the account early or transfer money to another ISA, for the one year term account you’ll be charged the equivalent of 90 days’ tax free interest. For the two year term account, you’ll be charged the equivalent of 180 days’ tax free interest. For the five year term account, you’ll be charged the equivalent of 365 days’ tax free interest. This means you may get back less than you put in.
Any money you move to an account that isn't an ISA will lose its tax-free status. Tax treatment depends on your individual circumstances and may change in the future.
After the fixed term ends, your account will change to an Instant ISA Saver. Before this happens, we'll contact you to explain your options and next steps.
Tax free means you won't pay income tax on your interest.
AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account that shows an interest rate, you'll see the AER. This means you can use the AER to compare accounts. It shows what the interest rate would be if your interest was paid and compounded once each year.
For more definitions, view our savings glossary.
If you’d prefer to speak to someone, give us a call or pop into your nearest branch.