REGULAR SAVER.

Watch your savings grow and earn fixed interest for one year

After 12 months, any money you’ve saved into your Regular Saver along with interest accrued, will be transferred into your nominated account. If you don't have one, we'll open an Everyday Saver account for you as part of the Regular Saver application.

Please read the summary box below before applying

At a glance

Interest rate

Features and benefits

Bear in mind

Withdrawals

Access

2.00% gross/AER fixed for 12 months from account opening

  • You can save from £25 to £250 a month by standing order (this must reach your account by the 25th of the month)
  • Fixed interest rate gives peace of mind
  • Qualifying account for the Halifax Savers Prize Draw
  • Your interest is paid annually on the anniversary of the account opening
  • You can only have one Regular Saver
  • After 12 months, any money you have saved into your Regular Saver along with interest accrued will be transferred into an Everyday Saver account we open for you as part of the Regular Saver application
  • No withdrawals
  • Online
  • Branch
  • Phone

2.00% gross/AER fixed for 12 months from account opening


Features and benefits

  • You can save from £25 to £250 a month by standing order (this must reach your account by the 25th of the month)
  • Fixed interest rate gives peace of mind
  • Qualifying account for the Halifax Savers Prize Draw
  • Your interest is paid annually on the anniversary of the account opening

Bear in mind

  • You can only have one Regular Saver
  • After 12 months, any money you have saved into your Regular Saver along with interest accrued will be transferred into an Everyday Saver account we open for you as part of the Regular Saver application

Withdrawals

  • No withdrawals

Access

  • Online
  • Branch
  • Phone

Summary box for Regular Saver

1. What is the interest rate?

It’s a fixed rate, as shown in the table below

Your balance Annual interest
Gross AER
£1+ 2.00% 2.00%

  • Your interest is paid annually on the anniversary of the account opening.

2. Can Halifax change the interest rate?

No.
This account has a fixed rate of interest so the rate won’t change during the term


3. What might the future balance be?

Below is an example of what the future balance might be, after interest has been paid:

Regular deposit Gross rate Balance at 12 months
£100 2.00% £1,212.00

This example assumes that:

  • You don’t withdraw any money and interest isn’t paid out of the account
  • You make regular monthly deposits in the middle of the month

4. How do I open and manage my account?

This account can be opened and managed in branch, by phone or online.

Opening this account

  • You must be 16 or over and resident in the UK
  • You can only open this account in your sole name
  • If you open this account online, you’ll also open an Everyday Saver at the same time, which is a nominated account where any money you’ve saved plus interest will be paid into at the end of the term. If you open this account in branch, you can nominate a suitable existing account, if you have one.

Managing this account

  • You can save from £25 to £250 a month by standing order (this must reach your account by the 25th of the month).
  • You can only have one Regular Saver

5. Can I withdraw money?

No.
No withdrawals are allowed unless you’re closing the account.

After 12 months any money you’ve saved (plus interest) transfers into your nominated account, if you have one. If you don’t, we’ll open one for you as part of this application.


6. Additional information

Gross rate means we won’t deduct tax automatically from the interest we pay on money in your account. It’s your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC).

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.


After 12 months any money you've saved plus interest transfers into your nominated account, if you have one. If you don’t, we’ll open the below account for you as part of this application.

Summary box for Everyday Saver

1. What is the interest rate?

It’s a variable rate, as shown in the table below

Your balance Annual interest
Gross AER
£1+ 0.25% 0.25%
  • Your interest is paid annually on the anniversary of the account opening.

2. Can Halifax change the interest rate?

Yes.
As this account pays a variable rate of interest the rate can change over time. For example we might review the interest rate if the Bank of England bank rate changes. We’ll always let you know of any planned changes to the rate. Our account conditions explain when and how we do this.


3. What might the future balance be?

Below is an example of what the future balance might be, after interest has been paid:

Initial deposit Gross rate Balance after 12 months
£1,000 0.25% £1,002.50

This example assumes that:

  • You don’t withdraw any money and interest isn’t paid out of the account
  • The interest rate stays the same
  • You make your initial deposit payment on the day you open the account
  • You don’t make any further deposits

4. How do I open and manage my account?

This account can be opened and managed in branch, by phone or online.

Opening this account

  • You must be 11 or over and resident in the UK
  • You can open this account in your sole name or make it a joint account once opened
  • The minimum opening deposit is £1.

Managing this account

  • You can have up to five Everyday Saver accounts at any time

5. Can I withdraw money?

Yes.
You can make withdrawals from this account and there are no charges for doing so.

After 12 months the account automatically changes to an Instant Saver. See Instant Saver interest rates (PDF).

Before this happens, we'll contact you to explain your options and next steps.


6. Additional information

Gross rate means we won’t deduct tax automatically from the interest we pay on money in your account. It’s your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC).

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.


Apply for a Regular Saver

Apply now

Otherwise, you can apply by phone on 0345 726 3646, (Mon-Fri 8am-8pm, Sat 8am-6pm, Sun 9am-5pm) or book an appointment at your local branch at a time to suit you.


Your new Regular Saver is minutes away


Halifax Savers Prize Draw 3 top prizes of £100,000

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 calendar month before each draw.

Please note:
Rates of interest are subject to change.
Rate of interest effective from 0.00am on 01/09/2016.
Interest rates are fixed on account opening.
For a definition of AER, Gross and other terms please view our savings glossary.