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Whatever you’re saving for, a Halifax savings account or ISA could help you get there.
You’ll find several options available with Halifax, whether you:
Putting money aside every month can give you more financial security long term and let you grow your savings by earning interest.
Select a tab to browse and compare our best savings accounts. Once you’ve found an account to suit your needs, you can apply online in just a few minutes.
Each tax year you can benefit from a personal ISA allowance, helping you to earn tax-free interest.
Account |
Interest |
Minimum first deposit |
Open for |
Withdrawals |
More info |
---|---|---|---|---|---|
Account |
Interest4.60% 4.50% Plus, an extra 0.10% AER/tax free for the one-year term or 0.05% AER/tax free for the two-year term if you already have a Halifax Personal Current Account that's been open for at least 40 days. 4.00% Choose to receive interest monthly, or after each year. |
Minimum first deposit£500 |
Open forOne, two or five years. Your account will then change to an Instant ISA Saver. |
WithdrawalsBy account closure or transfer only. Charges apply. |
More info |
AccountOnly available to Reward Current Account or Ultimate Reward Current Account holders. |
Interest4.20% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
Account |
Interest4.10% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
Account |
Interest1.45% 1.50% 1.80% Interest is variable and paid after a year. Rate applies to the full balance. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited. |
More info |
AccountAn ISA for anyone aged under 18. |
Interest3.65% Interest is paid after each year. |
Minimum first deposit£1 |
Open forUntil the child's 18th birthday. The account will then change to an adult ISA Saver Variable. |
WithdrawalsNone, until the child is 18. |
More info |
Tax treatment depends on individual circumstances and may change in the future.
Earn a higher rate of interest for setting aside your savings for a longer stretch of time.
Account |
Interest |
Minimum first deposit |
Open for |
Withdrawals |
More info |
---|---|---|---|---|---|
Account |
Interest4.60% 4.50% Plus, an extra 0.10% AER/tax free for the one-year term or 0.05% AER/tax free for the two-year term if you already have a Halifax Personal Current Account that's been open for at least 40 days. 4.00% Choose to receive interest monthly, or after each year. |
Minimum first deposit£500 |
Open forOne, two or five years. Your account will then change to an Instant ISA Saver. |
WithdrawalsBy account closure or transfer only. Charges apply. |
More info |
Account |
Interest4.60% 4.50% Plus, an extra 0.10% AER/gross for the one-year term or 0.05% AER/gross for the two-year term if you already have a Halifax Personal Current Account that's been open for at least 40 days. 4.00% Choose to receive interest monthly, or after each year. |
Minimum first deposit£500 |
Open forOne, two or five years. Your account will then change to an Instant Saver. |
WithdrawalsBy account closure or transfer only. Charges apply. |
More info |
Account |
Interest5.50% Interest is paid after a year. |
Minimum first deposit£25 to £250 a month |
Open forOne year. Everything you save will then be moved to an Everyday Saver account. |
WithdrawalsBy account closure only. |
More info |
Account |
Interest4.70% Interest is paid after each year. |
Minimum first deposit10% of the agreed property purchase price, up to £50,000 |
Open forThree years. Your account will then change to an Instant Saver. |
WithdrawalsNo withdrawals or early closure. |
More info |
Tax treatment depends on individual circumstances and may change in the future.
Put some money aside or encourage a child to save using an account designed for kids and teens.
Account |
Interest |
Minimum first deposit |
Open for |
Withdrawals |
More info |
---|---|---|---|---|---|
AccountFor 11–15-year-olds, providing a current account and savings account. The parent or legal guardian needs a Reward Current Account or Ultimate Reward Current Account to open this account. |
Interest3.40% 1.45% Interest is variable, paid monthly and applies to the savings account only. |
Minimum first deposit£1 |
Open forUntil the child’s 18th birthday. The savings account will then change to an adult Instant Saver. The spending account will change to an adult Current Account. |
WithdrawalsUnlimited. |
More info |
AccountFor adults who want to regularly save for a child aged 15 and under. |
Interest5.50% Interest is variable and paid monthly. |
Minimum first deposit£10 to £100 a month |
Open forOne year. Everything you save will then be moved to a Kids' Saver account. |
WithdrawalsBy account closure only. |
More info |
AccountFor adults who want to save for a child aged 15 and under. |
Interest3.40%AER/3.35% gross on balances from £1 - £5,000. 1.45%AER/1.44% gross on any excess above £5,000. Interest is variable and paid monthly. |
Minimum first deposit£1 |
Open forUntil the child's 16th birthday. The account will then change to an adult Everyday Saver. |
WithdrawalsUnlimited. |
More info |
AccountAn ISA for anyone aged under 18. |
Interest3.65% Interest is paid after each year. |
Minimum first deposit£1 |
Open forUntil the child's 18th birthday. The account will then change to an adult ISA Saver Variable. |
WithdrawalsNone, until the child is 18. |
More info |
More on kids’ savings accounts
See all youth and student accounts
Tax treatment depends on individual circumstances and may change in the future.
Cash savings are relatively secure, providing a predictable return, but they’re not the only option. By accepting more risk and putting your money away for longer, you could enjoy higher returns with investing.
Whether you’re an experienced investor, or just starting out, there’s a Halifax account to suit you:
Please remember that the value of all investments can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for that advice. Tax treatment depends on personal circumstances and may be subject to change.
Offering you a flexible way to earn interest, and still access your money when you need it.
Account |
Interest |
Minimum first deposit |
Open for |
Withdrawals |
More info |
---|---|---|---|---|---|
AccountOnly available to Reward Current Account or Ultimate Reward Current Account holders. |
Interest4.20% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
Account |
Interest4.10% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
AccountOnly available to Reward Current Account or Ultimate Reward Current Account holders. |
Interest4.20% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
Account |
Interest4.10% 1.35% Interest is paid monthly. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make four or more withdrawals, you’ll get the lower interest rate from the month you make the fourth withdrawal, until the end of the account year. |
More info |
AccountOpen as many as five Everyday Saver accounts, giving you different saving pots. |
Interest1.45% 1.50% 1.80% Interest is variable and paid after a year. Rate applies to the full balance. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant Saver. |
WithdrawalsUnlimited |
More info |
Account |
Interest1.45% 1.50% 1.80% Interest is variable and paid after a year. Rate applies to the full balance. |
Minimum first deposit£1 |
Open forOne year. Your account will then change to an Instant ISA Saver. |
WithdrawalsUnlimited |
More info |
Tax treatment depends on individual circumstances and may change in the future.
Interest rates can change. You can check current interest rates online at any time.
As well as making it easier to compare accounts, the Annual Equivalent Rate (AER) helps you to understand how much interest you could earn from your savings in a year.
AER includes the effect of compound interest – essentially the interest you earn on top of any interest that’s already part of your savings balance.
You don’t usually need to pay tax on interest earned on:
Adults can earn a certain amount of tax-free interest on their savings each year, depending on your:
This is the percentage of interest you’ll earn on savings, pre-tax. Halifax won’t deduct any tax due, so you’ll need to declare and pay anything you owe to HM Revenue and Customs.
Eligible deposits held with us are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme.