Good4

62% of customers recommended from 1,031 ratings

Halifax offer a range of savings products, including ISAs, fixed rate bonds, kids accounts, online and instant access accounts. They also have a wide branch network in the UK. Halifax are part of the Bank of Scotland group, so share an FCA banking licence with AA, Aviva, Bank of Scotland, Birmingham Midshires, Intelligent Finance and Saga. This means your savings held between all of those banks will be protected up to £85,000 by the Financial Services Compensation scheme.

Compare Halifax Savings

Investment ISAs are tax-efficient wrappers for long term investments. You may get back less than you pay in because your capital isn't guaranteed and charges may apply. Your personal circumstances will determine how much tax you pay on your investments and returns; tax laws may change.

Halifax 5 Year ISA Saver Fixed
Account Type
Cash ISA
Open With
£500.00
Interest Rate (AER)
2.00% fixed
for 5 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 365 days tax-free interest.
Halifax Fixed Online Saver - 5 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
2.00% fixed
for 5 years
on £500+
Protection Scheme
FSCS
Open Account
Online
No withdrawals allowed except on early closure subject to the loss of 365 days gross interest.
Halifax 3 Year ISA Saver Fixed
Account Type
Cash ISA
Open With
£500.00
Interest Rate (AER)
1.75% fixed
for 3 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 270 days tax-free interest.
Halifax Fixed Online Saver - 3 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.75% fixed
for 3 years
on £500+
Protection Scheme
FSCS
Open Account
Online
No withdrawals allowed except on early closure in branch subject to the loss of 270 days gross interest.
Halifax 2 Year ISA Saver Fixed
Account Type
Cash ISA
Open With
£500.00
Interest Rate (AER)
1.60% fixed
for 2 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 180 days tax-free interest.
Halifax Fixed Online Saver - 2 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.60% fixed
for 2 years
on £500+
Protection Scheme
FSCS
Open Account
Online
No withdrawals allowed except on early closure in branch subject to the loss of 180 days gross interest.
Halifax Online Tracker Bond
Account Type
Tracker Bond
Open With
£500.00
Interest Rate (AER)
1.50% variable
for 18 months
on £500+
Protection Scheme
FSCS
Open Account
Online
Variable monthly interest rate that tracks a fixed amount above the Bank of England Bank Rate (0.50%) for 18 months. Higher rates for £50,000+. No withdrawals allowed except on early closure in branch subject to the loss of 135 days gross interest.
Halifax 1 Year ISA Saver Fixed
Account Type
Cash ISA
Open With
£500.00
Interest Rate (AER)
1.40% fixed
for 1 year
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 90 days tax-free interest.
Halifax Fixed Online Saver - 1 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.40% fixed
for 1 year
on £500+
Protection Scheme
FSCS
Open Account
Online
No withdrawals allowed except on early closure in branch subject to the loss of 90 days gross interest.
Halifax ISA Saver Online
Account Type
Cash ISA
Open With
£1.00
Interest Rate (AER)
1.05% variable
for 12 months
on £1+
Protection Scheme
FSCS
Open Account
Online
1.25% tax free/AER variable including 12 month fixed bonus of 1.00%.
Halifax ISA Saver Variable
Account Type
Cash ISA
Open With
£1.00
Interest Rate (AER)
1.00% variable
for 12 months
on £1+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
1.00% tax free/AER variable including 12 month fixed bonus of 0.50%.
Halifax Online Saver
Account Type
Easy Access
Open With
£1.00
Interest Rate (AER)
0.90% variable
on £1+
Protection Scheme
FSCS
Open Account
Online
Different rates apply depending on balance. When the 12 month introductory period ends, the Online Saver variable rate will apply, currently 0.20% gross/AER.
Halifax Kid's Regular Saver
Account Type
Regular Saver
Open With
£10.00
Interest Rate (AER)
6% fixed
for 1 year
on £10+
Protection Scheme
FSCS
Open Account
Branch
Available in branch only. Regular monthly payments must be made into this account by standing order from a parent or guardian's bank account.
Halifax Junior Cash ISA (Relationship Rate)
Account Type
Junior Cash ISA
Open With
£1.00
Interest Rate (AER)
4% variable
on £1+
Protection Scheme
FSCS
Open Account
Online & Branch
Halifax Young Saver
Account Type
Instant Access
Open With
£1.00
Interest Rate (AER)
3% variable
on £1+
Protection Scheme
FSCS
Open Account
Branch
Available in branch only.
Halifax Junior Cash ISA
Account Type
Junior Cash ISA
Open With
£1.00
Interest Rate (AER)
3% variable
on £1+
Protection Scheme
FSCS
Open Account
Online & Branch
Halifax Regular Saver
Account Type
Regular Saver
Open With
£25.00
Interest Rate (AER)
2% fixed
for 1 year
on £25+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Halifax Fixed Saver - 5 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
2.00% fixed
for 5 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Halifax Fixed Saver - 2 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.80% fixed
for 2 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Halifax Fixed Saver - 3 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.75% fixed
for 3 years
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Halifax Tracker Bond - 18 Months
Account Type
Tracker Bond
Open With
£500.00
Interest Rate (AER)
1.70% variable
for 18 months
on £500+
Protection Scheme
FSCS
Open Account
Branch & Phone
Halifax Fixed Saver - 1 Year Term
Account Type
Fixed Bond
Open With
£500.00
Interest Rate (AER)
1.4% fixed
for 1 year
on £500+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Halifax Everyday Saver
Account Type
Instant Access
Open With
£1.00
Interest Rate (AER)
0.75% variable
on £1+
Protection Scheme
FSCS
Open Account
Online, Branch & Phone
Available in branch only.
Halifax Everyday Saver (Online)
Account Type
Instant Access
Open With
£1.00
Interest Rate (AER)
0.75% variable
on £1+
Protection Scheme
FSCS
Open Account
Online & Phone
Halifax Passbook Saver
Account Type
Instant Access
Open With
£1.00
Interest Rate (AER)
0.50% variable
on £1+
Protection Scheme
FSCS
Open Account
Branch
Available in branch only.
Halifax Share Dealing Self Select ISA
Account Type
Investment ISA
Open With
£20.00
Interest Rate (AER)
-
Protection Scheme
FSCS
Open Account
-
Halifax Junior Stocks & Shares ISA
Account Type
Junior Investment ISA
Open With
£20.00
Interest Rate (AER)
-
Protection Scheme
FSCS
Open Account
-

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Halifax Savings Reviews

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Got a Halifax savings account? Tell us about your experience because it will help others. Add a review.

Halifax is the Best Bank to Bank

Excellent

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by jbrans

I was having problems with the bank I was using And my friend told me all about Halifax how good they were, so I changed over to them, and I've never looked back, I've had nothing but the best service from them! Halifax have great customer service and some great rates. I've been with them for over 20 year! And I definitely will be with them for the foreseeable future.

Great Customer Service

by jbrans, 1 week ago report review

Halifax- Mixed feelings

Satisfactory

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by stecha

I have mixed feelings about Halifax. In some areas they are brilliant, good offers for customers and well tailored to my needs. However, on numerous occasions I have struggled to obtain information from them and they do not seem to know what department to forward me onto. Their limited knowledge of their brand meant that I spent a huge amount of time of the telephone, which was incredibly costly and not what I would expect from a bank. I have also had trouble when attending a branch, the staff can be unwilling to serve, for example when trying to pay money into an account. I have been told on one occasion that I should just use the telephone- when my telephone banking was not set up!

Tailored deals

Customer service

by stecha, 3 weeks ago report review

Good Customer Service

Good

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by janie

I have been a member for years and if ever I have any query or visit the bank the service is really good and the staff are friendly. The locations are convenient to everyone. They were really helpful when my mother passed away to sort her account without any further distress to the situation which could have been upsetting going through issues etc,

Friendly service

by janie, 4 weeks ago report review

Halifax Savings Account

Excellent

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by amandab23

Savings are not easy. I feel there may be more incentives to save but percentage rates are low and Halifax seem more intent on trying to sell loans rather than encourage people to save, which surely is better for the customer. Customer education on money management may be a job in itself but surely better than constant advertising for quick loans.

by amandab23, 1 month ago report review

5 star interest rates

Excellent

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by josum

Halifax children's accounts are by far the best as they offer up to 6% interest they have flexible terms and not just one savings account with great interest rates personally paying a standing order every month seems to offer the highest rates. Adults current accounts are also competitive and I would always recommend Halifax first

High interest rates

Can't put a lump sum in 1st

by josum, 1 month ago report review

Halifax does no favours for existing customers

Satisfactory

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Having seen offers form Halifax, including ones posted to me, I contacted them to be told that the best deals are not available to existing customers. However much I asked for a deal, I was not offered one. I asked for the best deals available and they were at least 25% less favourable than the new customer offers. BYE Halifax!

by kaizen99, 1 month ago report review

No obvious perks

Satisfactory

  • Customer Service

  • Value for Money

  • Flexability & Fairness

  • Product Features

Recommended by Narry

Like everywhere, the interest rates are appalling so my husband and I are getting very little back on our savings at the moment. We only opened the savings account for convenience since were already both customers there which I believe should work in a customers favour as an incentive to stay. We'll be reviewing our options as soon as we get chance to find a better deal.

Good brand so I'm confident putting my money there

Rubbish interest rates

by Narry, 2 months ago report review

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