Halifax Children's Regular Saver Ex/C
Compare the Halifax Children's Regular Saver Ex/C with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 | You can compare the Halifax Children's Regular Saver Ex/C against other Halifax Savings. | ||
| Company: | Halifax www.halifax.co.uk | ||
| Product: | Children's Regular Saver Ex/C | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is fixed. | ||
| Headline Interest Rate: | The headline interest rate is 10.00% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | Customers must either have an existing Halifax savings account or must open a save4it account, another Halifax children's account or the adult can open another Halifax savings account on behalf the child when they open the Children's Regular Saver account. This other Halifax savings account will then become the nominated account to which all funds and interest are swept into at maturity. | ||
| Minimum Age: | No minimum age required. | ||
| Restricted Availability: | This is a children's regular savings account. Regular monthly payments must be made into this account by standing order from a parent or guardian's bank account. The monthly minimum credit is £10. The monthly maximum credit is £100. If a monthly payment is missed the account will close, funds will be swept into a nominated account (which can be a save4it account or another Halifax account) and investors will receive the current rate payable on the save4it account for the period of the investment. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £10. | ||
| Maximum Investment: | Maximum investment on this account is £1200 | ||
| Minimum Balance: | The minimum balance is £10. | ||
| Monthly Minimum: | The minimum monthly credit is £10. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £10 10.00% 10.00% 10.00% | ||
| Fixed Term: | The account has a fixed term of 1 year | ||
| Term Period: | The term of the account is 12 months. | ||
| Interest Payment Freq: | Interest is paid on maturity and transferred with all other funds into the investors nominated account. | ||
| Managing Account | |||
| Passbook: | A passbook is not issued. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are issued annuallyon the anniversary of account opening. | ||
| Transactions by Phone: | Transactions cannot be made by phone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions cannot be made by post. | ||
| Special Access: | No withdrawals permitted during term of account. Early closure subject to receiving lower interest for the period of the investment. | ||
| Withdrawal Conditions: | Withdrawal Conditions - No withdrawals permitted during term of account. If the account is closed before maturity investors will receive the rate on the save4it account for the period of the investment. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No withdrawals permitted during term. | ||
| Compare | |||
| Products: | www.halifax.co.uk Savings | ||
