REGULAR SAVER.

Watch your savings grow and earn fixed interest for one year.

Who this account is for

  • Ideal for savers who want peace of mind of a fixed interest rate for one year and save monthly.
  • You're 16 or over and a UK resident.
  • You're looking to open a savings account in your sole name.

The benefits

  • Earn 2.00% gross/AER fixed for 12 months from account opening.
  • You can change the amount you save at any time.
  • Qualifying account for the Halifax Savers Prize Draw.

How it works

  • Save £25-£250 every month by one standing order. This needs to reach your account by the 25th of the month.
  • You can only access your savings if you close the account.
  • 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. See Everyday Saver interest rates (PDF).

Summary box for the Regular Saver

1. What is the interest rate?

2.00% gross/AER on balances of £1 or more for 12 months from account opening.

Your interest is paid 12 months after you open the account.


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?

For example, if you make regular deposits of £100.00 every month, the balance after 12 months will be £1212.00.

This assumes:

  • 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:

  • online
  • on our app
  • in branch
  • by phone.

Bear in mind:

  • You must be 16 or over and resident in the UK to open this account.  
  • You can only open this account in your sole name.
  • You can save from £25 to £250 a month by standing order. This must reach your account by the 25th of the month.
  • You must have a Halifax savings account so we can transfer your money into it after a year. If you don’t have one, we’ll open an Everyday Saver for you.
  • You can only have one Regular Saver.

5. Can I withdraw money?

No. You can't access your savings unless you’re closing the account. You can close it before the end of 12 months. 

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 from the interest we pay on money in your account. You will need to pay any tax you may owe to HM Revenue & Customs (HMRC).

AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will 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.


Summary box for the Everyday Saver

1. What is the interest rate?

0.20% gross/AER variable rate on balances of £1 or more.

Your interest is paid 12 months after you open the account.


2. Can Halifax change the interest rate?

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


3. What might the future balance be?

For example, if you deposit £1000.00 when you open the account, the balance after 12 months will be £1002.00.

This assumes:

  • You don’t take out 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 pay more money into the account.

4. How do I open and manage my account?

This account can be opened and managed:

  • online
  • on our app
  • in branch
  • by phone.

Bear in mind:

  • You can open the account if you're 11 or over. If you are aged 11-16, please apply in branch. If you're 16 or over, you can also apply online or by phone. You must be a UK resident to open this account.
  • You must open this account in your sole name but can make it joint by going into branch or over the phone once opened.
  • You must make a minimum opening deposit of £1. There is no maximum opening deposit.

5. Can I withdraw money?

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

After 12 months the account will change to an Instant Saver. See Instant Saver interest rates (PDF). We'll contact you first to explain your options and next steps.


6. Additional information

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

AER stands for Annual Equivalent Rate. Whenever you see an advert for a savings account which shows an interest rate, you will 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.


Apply for a Regular Saver

Please read the summary box and the account conditions (PDF) before you start.

Open now

Other ways to apply:

Lines open Mon-Fri 7am-10pm, Sat and Sun 8am-6pm

  • In branch:

Book an appointment at your local branch at a time to suit you.


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.

Your money is protected

The Financial Services Compensation Scheme (FSCS) protects your money.

More about the FSCS