Your Credit Score
Thinking about applying for credit? Check Your Credit Score for free, with no impact on your credit file.
Compare all our savings accounts
Compare our savings accounts to help you find an account that best suits your needs and then apply online within minutes. As an alternative to savings, we have included some investment options that you may also like to consider.
-
Everyone likes to save tax-free so say no to the tax man and start saving with a cash ISA.
Tax Free Savings
Account name
Interest
Minimum opening balance
How long the account stays open for
Withdrawals
Find more information
Account name
Interest
4.60%
AER/tax free interest for the one year term.4.50%
AER/tax free interest for the two year term.An extra 0.10% AER/tax free for the one year term or 0.05% AER/tax free for the two year term will be added if you already hold a Halifax Personal Current Account that has been open for a minimum of 40 days.
4.00%
AER/tax free interest for the five year term.Choose to have interest paid after each year or each month.
Minimum opening balance
£500
How long the account stays open for
1, 2 or 5 years. Then your account will change to an Instant ISA Saver.
Withdrawals
None. You can close the account early or transfer to another ISA but you would be charged.
Find more information
Account name
Interest
4.20%
AER/4.12% tax free variable interest if you make 3 or less withdrawals.1.35%
AER/1.34% tax free variable if you make 4 or more withdrawals.Interest is paid monthly.
Minimum opening balance
£1
How long the account stays open for
1 year. Then your account will change to an Instant ISA Saver.
Withdrawals
Unlimited.
If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.
Find more information
You need a Reward Current Account or Ultimate Reward Current Account to open this account.
Account name
Interest
4.10%
AER/ 4.02% tax free variable monthly if you make 3 or less withdrawals.1.35%
AER/1.34% tax free variable monthly if you make 4 or more withdrawals.Interest is paid monthly.
Minimum opening balance
£1
How long the account stays open for
1 year. Then your account will change to an Instant ISA Saver.
Withdrawals
Unlimited.
If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year.
Find more information
Account name
Interest
1.45%
tax free/AER on balances from £1 - £9,999.1.50%
tax free/AER on balances from £10,000 - £49,999.1.80%
tax free/AER on balances of £50,000 or more.Interest is variable and paid after a year. Rate applies to the full balance.
Minimum opening balance
£1
How long the account stays open for
1 year. Then your account will change to an Instant ISA Saver.
Withdrawals
Unlimited.
Find more information
Account name
Interest
3.65%
tax free/AER variable.Interest is paid after each year.
Minimum opening balance
£1
How long the account stays open for
Until the child's 18th birthday. Then the account will change to an adult ISA Saver Variable.
Withdrawals
None, until the child is 18.
Find more information
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 period of time.
Fixed Term Savings
Account name
Interest
Minimum opening balance
How long the account stays open for
Withdrawals
Find more information
Account name
Interest
4.60%
AER/tax free interest for the one year term.4.50%
AER/tax free interest for the two year term.An extra 0.10% AER/tax free for the one year term or 0.05% AER/tax free for the two year term will be added if you already hold a Halifax Personal Current Account that has been open for a minimum of 40 days.
4.00%
AER/tax free interest for the five year term.Choose to have interest paid after each year or each month.
Minimum opening balance
£500
How long the account stays open for
1, 2 or 5 years. Then your account will change to an Instant ISA Saver.
Withdrawals
None. You can close the account early or transfer to another ISA but you would be charged.
Find more information
Account name
Interest
4.60%
AER/gross interest for the one year term.4.50%
AER/gross interest for the two year term.An extra 0.10% AER/gross for the one year term or 0.05% AER/gross for the two year term will be added if you already hold a Halifax Personal Current Account that has been open for a minimum of 40 days.
4.00%
AER/gross interest for the five year term.Choose to have interest paid after each year or each month.
Minimum opening balance
£500
How long the account stays open for
1, 2 or 5 years. Then your account will change to an Instant Saver.
Withdrawals
None. You can close the account early but you would be charged.
Find more information
Account name
Interest
5.50%
gross/AER fixed.Interest is paid after a year.
Minimum opening balance
£25 to £250 a month
How long the account stays open for
1 year. Then what you have saved will be moved into an Everyday Saver account with your interest.
Withdrawals
None, by closure only.
Find more information
Account name
Interest
4.70%
AER/gross fixed.Interest will be paid after a year.
Minimum opening balance
10% of the agreed property purchase price, up to £50,000
How long the account stays open for
3 years. Then your account will change to an Instant Saver.
Withdrawals
None.
Find more information
Either you or the mortgage applicant need a Reward or Ultimate Reward current account to open this account.
Tax treatment depends on individual circumstances and may change in the future.
-
Save for your child’s future and encourage younger ones to save with our range of accounts for kids and teens.
Kid's Savings
Account name
Interest
Minimum opening balance
How long the account stays open for
Withdrawals
Find more information
Account name
For 11 to 15 year olds who want to save, spend and learn with parental oversight.
As part of Money Smart, the child gets a savings account and a current account.
Interest
3.40%
AER/3.35% gross on balances from £1 - £1,000.1.45%
AER/1.44% gross on any excess above £1,000.Interest on savings account only. Interest is variable and is paid after each month.
Minimum opening balance
£1
How long the account stays open for
After the child’s 18th birthday, the savings account will change to an adult Instant Saver. The spending account will change to an adult Current Account.
Withdrawals
Unlimited.
Find more information
The parent or legal guardian needs a Reward Current Account or Ultimate Reward Current Account to open this account.
Account name
For adults who want to regularly save for a child aged 15 and under.
Interest
5.50%
AER/gross fixed.Interest will be paid after each year.
Minimum opening balance
£10 to £100 a month
How long the account stays open for
1 year. Then the savings and the interest will be moved into the child's Kids' Saver account.
Withdrawals
None, by closure only.
Find more information
Account name
For adults who want to save for a child aged 15 and under.
Interest
3.40%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 is paid after each month.
Minimum opening balance
£1
How long the account stays open for
Until the child's 16th birthday. Then the account will change to an adult Everyday Saver.
Withdrawals
Unlimited.
Find more information
Account name
For under 18s who want to save for the future.
Interest
3.65%
tax free/AER variable.Interest is paid after each year.
Minimum opening balance
£1
How long the account stays open for
Until the child's 18th birthday. Then the account will change to an adult ISA Saver Variable.
Withdrawals
None, until the child is 18.
Find more information
Tax treatment depends on individual circumstances and may change in the future.
-
Cash savings generally provide security, steady growth and can be usually easily accessed. You should always aim to save the equivalent of at least three months' salary and put it aside for emergencies and rainy days.
If you are looking for further options to help your money grow you may like to consider investing. We have a range of options to suit all levels of investment experience.
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.
Ideal if you need to access your savings regularly.
|
Account name |
Interest |
Minimum opening balance |
How long the account stays open for |
Withdrawals |
Find more information |
|---|---|---|---|---|---|
Account name |
Interest4.20% 1.35% Interest is paid monthly. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant Saver. |
WithdrawalsUnlimited. If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year. |
Find more informationYou need a Reward Current Account or Ultimate Reward Current Account to open this account. |
Account name |
Interest4.10% 1.35% Interest is paid monthly. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant Saver. |
WithdrawalsUnlimited. If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year. |
Find more information |
Account name |
Interest4.20% 1.35% Interest is paid monthly. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year. |
Find more informationYou need a Reward Current Account or Ultimate Reward Current Account to open this account. |
Account name |
Interest4.10% 1.35% Interest is paid monthly. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant ISA Saver. |
WithdrawalsUnlimited. If you make 4 or more withdrawals, you’ll get a lower interest rate from the month you make the 4th withdrawal until the end of the account year. |
Find more information |
Account name |
Interest1.45% 1.50% 1.80% Interest is variable and paid after a year. Rate applies to the full balance. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant Saver. |
WithdrawalsUnlimited |
Find more informationYou can have up to five Everyday Saver accounts to save for different things and you can name each of them. |
Account name |
Interest1.45% 1.50% 1.80% Interest is variable and paid after a year. Rate applies to the full balance. |
Minimum opening balance£1 |
How long the account stays open for1 year. Then your account will change to an Instant ISA Saver. |
WithdrawalsUnlimited |
Find more information |
Tax treatment depends on individual circumstances and may change in the future.
Looking for offshore savings accounts?
Please note: Rates of interest are subject to change. To check current rates for all our Savings products please see our interest rates section.
For a definition of AER, gross and other terms, view our savings glossary.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/. You can also visit our Financial Services Compensation Scheme page for more details.
