easy access savings accounts,

Account name

Interest

Minimum opening balance

How long the account stays open for

Withdrawals

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.

ISA Reward Bonus Saver

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

4.20%
AER/4.12% gross variable interest if you make 3 or less withdrawals.

1.35%
AER/1.34% gross 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 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.

Reward Bonus Saver

Account name

Interest

4.10%
AER/4.02% gross variable monthly if you make 3 or less withdrawals.

1.35%
AER/1.34% gross 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 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

1.45%
gross/AER on balances from £1 - £9,999.

1.50%
gross/AER on balances from £10,000 - £49,999. 

1.80%
gross/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 Saver

Withdrawals

Unlimited

Find more information

You can have up to five Everyday Saver accounts to save for different things and you can name each of them.

Everyday Saver

Tax treatment depends on individual circumstances and may change in the future.

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.

Frequently asked questions

  • An easy access savings account is a savings account that lets you put money in and take it out whenever you want to. It’s sometimes known as an instant access savings account.

    Depending on the account, you may earn interest on money you have in the account. Easy access savings usually pay a lower rate of interest than fixed term savings accounts. Always check the account terms and conditions for information on the interest rates.

    With Halifax easy access savings accounts, there are no limits on the number of withdrawals you can make. However, some accounts may pay a lower rate of interest if you make over a certain number of withdrawals. 

  • Whether an easy account savings account is right for you depends on your personal circumstances.

    Easy access savings could be a suitable option if you want to access your savings at any time. If you feel you can put your money away for a year or two, then a fixed term savings account could give you a better rate of interest.

  • Easy access savings accounts have a variable interest rate. This means that the interest rate can change in the future. Check the account terms and conditions to learn more about how the interest rate works.

  • It depends on the type of account you have. With a regular savings account, you can earn tax-free interest on your savings up to your Personal Savings Allowance. If you’re a standard rate tax payer, you can earn up to £1,000 of interest without paying tax on it. For higher rate tax payers, interest is tax free up to £500. 

    Learn more about how the Personal Savings Allowance works.

    If you have an easy access ISA, you can save tax free up to the ISA allowance for that year. The ISA allowance for this year is £20,000. Learn more about how ISAs work.

Why save with Halifax?

Plenty to choose from

Plenty to choose from

Whether you need easy access to your money, or can fix for a longer term to earn more in interest.

Watch your savings grow

Watch your savings grow

It’s easy to keep track of your savings using Online Banking or the Mobile Banking app.

Start saving today

Start saving today

When you open an account online, it could be ready to use right away. Start saving with as little as £1 on selected accounts.

Have you thought about investing?

Have you thought about investing?

Our straight-forward options could provide a higher return than saving. Choose from our three ready-made funds and let the experts do the rest.

More about investing

Financial Services Compensation Scheme

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.

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Visit our FSCS page The Halifax FSCS page