from 1011 ratings
1011 customers rated their Halifax savings as 3.9 out of 5 in our Consumer Finance Awards and Reviews.
Customer Service
Flexibility & Fairness
Product Features
Value For Money
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.

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 TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.002.20% fixed
for 5 years
on £500+
FSCSOnline, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 365 days tax-free interest.
Halifax 3 Year ISA Saver Fixed
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.002.00% fixed
for 3 years
on £500+
FSCSOnline, Branch & Phone
No withdrawals allowed except on early closure subject to the loss of 270 days tax-free interest.
Halifax Fixed Online Saver - 5 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.002.00% fixed
for 5 years
on £500+
FSCSOnline
No withdrawals allowed except on early closure subject to the loss of 365 days gross interest.
Halifax Fixed Online Saver - 3 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.90% fixed
for 3 years
on £500+
FSCSOnline
No withdrawals allowed except on early closure subject to the loss of 270 days gross interest.
Halifax 2 Year ISA Saver Fixed
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.001.80% fixed
for 2 years
on £500+
FSCSOnline, 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 TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.80% fixed
for 2 years
on £500+
FSCSOnline
No withdrawals allowed except on early closure subject to the loss of 180 days gross interest.
Halifax Online Tracker Bond
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Tracker Bond£500.001.70% variable
for 18 months
on £500+
FSCSOnline
Variable monthly interest rate that tracks a fixed amount above the Bank of England Bank Rate (0.50%) for 18 months. Higher rates apply for balances of £50,000+. No withdrawals allowed except on early closure subject to the loss of 135 days gross interest
Halifax 1 Year ISA Saver Fixed
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.001.55% fixed
for 1 year
on £500+
FSCSOnline, 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 TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.55% fixed
for 1 year
on £500+
FSCSOnline
No withdrawals allowed except on early closure subject to the loss of 90 days gross interest.
Halifax ISA Saver Online
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.001.25% variable
on £1+
FSCSOnline
1.25% tax free/AER variable including 12 month fixed bonus of 1.00%.
Halifax ISA Saver Variable
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.001.20% variable
on £1+
FSCSOnline, Branch & Phone
1.20% tax free/AER variable including 12 month fixed bonus of 0.70%.
Halifax Online Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Easy Access£1.000.90% variable
on £1+
FSCSOnline
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 TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Regular Saver£10.006% fixed
for 1 year
on £10+
FSCSBranch
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 TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Junior Cash ISA£1.004% variable
on £1+
FSCSOnline & Branch
Halifax Young Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.003% variable
on £1+
FSCSBranch
Available in branch only.
Halifax Junior Cash ISA
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Junior Cash ISA£1.003% variable
on £1+
FSCSOnline & Branch
Halifax Regular Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Regular Saver£25.002% fixed
for 1 year
on £25+
FSCSOnline, Branch & Phone
Halifax Fixed Saver - 5 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.002% fixed
for 5 years
on £500+
FSCSOnline, Branch & Phone
Halifax Fixed Saver - 3 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.9% fixed
for 3 years
on £500+
FSCSOnline, Branch & Phone
Halifax Fixed Saver - 2 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.80% fixed
for 2 years
on £500+
FSCSOnline, Branch & Phone
Halifax Tracker Bond - 18 Months
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Tracker Bond£500.001.70% variable
for 18 months
on £500+
FSCSBranch & Phone
Halifax Fixed Saver - 1 Year Term
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.55% fixed
for 1 year
on £500+
FSCSOnline, Branch & Phone
Halifax Everyday Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.75% variable
on £1+
FSCSOnline, Branch & Phone
Available in branch only.
Halifax Everyday Saver (Online)
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.75% variable
on £1+
FSCSOnline & Phone
Halifax Passbook Saver
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.50% variable
on £1+
FSCSBranch
Available in branch only.
Halifax Share Dealing Self Select ISA
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Investment ISA£20.00-FSCS-
Halifax Junior Stocks & Shares ISA
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Junior Investment ISA£20.00-FSCS-

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Halifax Savings Reviews

Good bank and average savings account

by aboooo, 20 hours ago
service, fairness
not great rates
Recommended by aboooo

Having used the 'big banks' and had a bitter taste left in my mouth of several occasions I'm more than happy with Halifax as they are fair and open and not actively trying to get you to make mistakes they can charge you for. The savings account is average but the service and attitude good, human and consistent. The online service is good too.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Average, could be better
Value For Money:
Good, I'm happy


a safe bank for our family

by katielovese, 21 hours ago
Recommended by katielovese

We have been with Halifax for many years but have recently added a savings account to our banking. Halifax inform us of all changes,through email and text,it's rates are great and you feel safe to bank with them.A great,friendly,professional service.The staff are fruendly and banks are inviting.The online banking service is particularly useful for people with busy lives.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Halifax- Mixed feelings

by stecha, 1 day ago
Tailored deals
Customer service
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!

Customer Service:
Poor, could be greatly improved
Flexibility & Fairness:
Average, could be better
Product Features:
Average, could be better
Value For Money:
Excellent


Halifax: Decent provider

by candyfliss, 1 day ago
Online system
Some branch staff
Recommended by candyfliss

I like that I get £5 a month, even if my money doesn't stay in the account for long. I can therefore get the £5 a month and then move the money across to my ISA (online) to gain the higher rates of tax free interest.

The staff in the branch near my work are always very helpful, and the queues are generally not very long, even at busy times.

I did have problems changing my name after marriage, as the customer service rep did not know what he was doing. After several calls to head office, he finally managed to figure it out.

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Good, I'm happy
Product Features:
Excellent
Value For Money:
Good, I'm happy


Halifax is the bank to use

by pinkteegan, 1 day ago
Account offers, cash for switching, helpful staff
quite difficult to meet meet criteria for credit card
Recommended by pinkteegan

I have been with Halifax now for 20 years and never had any problems, my partner banks with another bank and has sooo many problems, he gets charges etc and their customer service was terrible, Halifax puts their customers first and always happy to help, there is online banking is easy to use, they don't charge unnecessary charges, they are always on hand on a 24 hour help line, they have great offers with the ultimate reward account and offer cash to switch your account, they do all the hard work sorting Direct debits, would definitely recommend Halifax

Customer Service:
Excellent
Flexibility & Fairness:
Good, I'm happy
Product Features:
Excellent
Value For Money:
Excellent


A run of the mill saving account, it does the job though

by SillySausage, 2 days ago

Halifax easy access savings accounts aren't the worst or the best of what is available out there. The saving rate is so low, it is barely worth putting your money in the bank! But it is convenient to keep a small slush fund within easy reach, just in case you need your savings out of the blue.

I applied for the account straight from my online banking screen, it was very straight forward and I got approval immediately. All you need to do is to credit the account with a pound to make it active.

I'd recommend this account if you are already a Halifax current / checking account customer, this works well with easy access using online banking. Otherwise you may want to look for something a little bit more rewarding for your capital.

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Excellent
Product Features:
Average, could be better
Value For Money:
Poor, could be greatly improved


Halifax ISA online

by blue87, 2 days ago
instant access
Recommended by blue87

I have not had any savings accounts until now as I was always worried about restrictions if I needed to withdraw money immediately.

I now want to save money for porch and decided best to remove money from my current account, get them out of sight as it were.

I have Halifax Rewards current account and when logged into my online banking there was a option to open Online ISA account, from as little as £1 and with instant access, which was exactly what I wanted!

Clicked to read more information and proceeded to set up my first ISA, had to provide my National Insurance number and that was all they needed, obviously because I was still logged into my online banking, so they had rest of the information from there.

It took only about 2 minutes of reading easy information and follow instruction and now I have ISA which I can see and access every time in log into my online banking!

If you want easy set up and easy instant access I would highly recommend it.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Good, I'm happy
Value For Money:
Good, I'm happy


My review of halifax saving account

by nicccola, 2 days ago
Recommended by nicccola

I have different savings account with Halifax which I have always been happy with. Even though sometimes they don't have the best rates compared with other banks, I am happy to stay with them due to the fact that all of my accounts are with them and I know that I get good customer service whenever I go to my local brink in Broughty Ferry.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Halifax Savings

by kellyli9, 2 days ago
Easy and simple to set up
not many extras
Recommended by kellyli9

Simple to use, easy to transfer online between current accounts and savings accounts if you hold a Halifax account.

Big limit to the amount you can put in, it doesn't gain much interest but nothing does these days. There is a Halifax competition that if you have over £5,000.00 in savings you can enter each month.

I set it up easily online and within a few minutes, there were lots of choices and you could find out more to see which is the best to suit your need. It was set up straight away. There are lots of different choices for savings accounts so it would probably have been better to have spoken to their customer service to find out which was best for my situation but I have no problems with the account that I have and it was so simple to set up that the ease outweighs anything else. The quick transfer in between accounts is great however there wasn't any documents or paper trail sent across.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Halifax Savings Account

by millyvanilli, 2 days ago
Ease of use
Recommended by millyvanilli

I'd definitely recommend Halifax to anyone looking for a simple and fruitful savings account. The staff in my local branch (Angel, Islington, London) were wonderfully helpful and friendly and talked me through all my available options, making recommendations after thoroughly listening to my needs. The interest rate on my savings was fair and the money is easy enough to access if I need it in an emergency. The product is definitely worth taking up, and Halifax are a great bank to save with.

Customer Service:
Excellent
Flexibility & Fairness:
Good, I'm happy
Product Features:
Excellent
Value For Money:
Excellent


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